Upstream news

Rystad Energy analysis shows that the world’s top oil and gas employer, China, lost only 5.3% of its massive workforce. The toll in the US was more devastating, estimated at 11.1%, thereby faring worse than its European peers and Russia.

The campaign involves geophysical data collection, heat flow measurements, core sampling and onboard geochemical analyses, which aim to optimise future exploration activities offshore Suriname.

The Centre of Decommissioning Australia has been established by Perth-based National Energy Resources Australia (NERA) to address the challenges and maximise the opportunities of decommissioning Australia’s ageing oil and gas infrastructure.

The installation of new technology will allow the centre in Aberdeen, UK, to enhances its service offering to the oil and gas sector.

Recoverable resources at exploration well 7220/7-4 in production licence 532 are so far estimated at between 5 and 8 million m3 of recoverable oil, corresponding to 31 – 50 million bbl of recoverable oil.

Stork will continue to deliver asset management solutions and capabilities for the Armada, Everest and Lomond platforms in the central North Sea.

The second phase will expand on the phase one acquisition initiated in 2020 to add a second azimuth over CGG’s existing Northern Viking Graben 3D survey offshore Norway.

The interests to be sold are Cairn's entire 20% interest in the Catcher field and 29.5% interest in the Kraken field.

The Zennor portfolio adds approximately 40 million boe of reserves and more than 90 million boe of un-risked resource in the Central and Northern North Sea to NEO.

MODEC will use SUEZ ultrafiltration and nanofiltration membranes to reduce seawater sulfate levels on the FPSO being constructed for the Bacalhau oilfield to required levels.