Upstream news
Chevron commits US$300 million to low-carbon technology
The company's Future Energy Fund II is focused on technologies that have the potential to enable affordable, reliable and cleaner energy.
TWMA awarded drilling waste management contract with Spirit Energy at Grove field
The first scope of a five-year contract will see TWMA provide drilling waste management services on the harsh-environment jack-up rig Maersk Resolve as Spirit Energy drills the Grove North East well in the Southern Sector of the North Sea.
SBM Offshore signs FPSO LOI with Petrobras
SBM Offshore has signed a letter of intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25-year lease and operate contract for the FPSO Almirante Tamandaré in Rio de Janeiro, Brazil.
TechnipFMC subsidiary awarded Limbayong project contract
The contract covers the development of 10 deepwater wells and their tieback to the Limbayong FPSO unit in Malaysia.
Gardner Denver announces GD 2500Q HDF to extend pump service life
The new GD 2500Q Heavy Duty Frame (HDF) quintuplex pump is designed to extend pump service life through an optimised power end frame design.
ExxonMobil sells North Sea UK assets to NEO Energy
The sale to HitecVision, through its wholly owned portfolio company NEO Energy, covers most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea.
Subsea 7 and OneSubsea to work on Morocco gas development project
Chariot Oil & Gas Ltd has signed an agreement with Subsea 7 and OneSubsea to work together to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois gas development project.
Shearwater to carry out OBS 4D survey for Aker BP
The survey will take place at the Ivar Aasen field in the Norwegian North Sea.
Worley awarded FEED contract for direct air capture project in Permian Basin
Worley will provide FEED services to 1PointFive Inc. for a direct air capture unit to be constructed in the US Permian Basin.
Production begins at Gjøa P1 development
Gjøa P1 is a two well development in the Norwegian sector of the North Sea with one oil and one gas producer.