Upstream news

The topside modules will be designed and manufactured for MISC Berhad across Asia, with main engineering and execution activities done through Singapore.

LYTT has enhanced production at BP's North Sea Clair Ridge site by 2000 bpd via a 'tuning' strategy informed by real-time in-well data analysis.

GlobalData's latest report, Morocco Exploration & Production, reveals that Morocco is on the brink of unlocking its gas potential - even though the country is not a major producer and imports most of its gas.

Destined for the Seagull campaign in the UK Central North Sea, the technology will allow the operator to manage the field’s high bottom hole temperatures.

The King’s Quay floating production system in the Gulf of Mexico and its associated laterals will be co-owned in a joint venture with entities managed by Ridgewood Energy Corp., including ILX Holdings III, LLC.

Petrofac has been the incumbent operations and maintenance service provider at the facility for eight years. The facility is one of the largest in the Gulf and handles around 55% of Iraq’s crude oil exports.

The compressed air system will consist of large capacity service and instrument air compressors with associated air dryers and filters.

The well streams from the BM-C-33 field, in the Campos Basin, will be sent to a FPSO located at the field. Gas and oil/condensate will both be processed at the FPSO to sales specifications and exported.

Oil prices fell further on Thursday as a result of continuing doubts over the AstraZeneca vaccine and a rise in US crude inventories.

As part of the deal INEOS will acquire 61.5% of the Syd Arne oilfield, currently operated by Hess, which complements the 36.8% share INEOS already holds in the field. INEOS will also acquire 4.8% of the Solsort field, which is already operated by INEOS.