Upstream news
Oil flow begins at Wressle onshore oilfield
Wressle lies on licences PEDL180 & 182 in the UK, in which Europa Oil & Gas holds a 30% working interest alongside Egdon Resources (30% and operator), and Union Jack Oil (40%).
Chevron reports 4Q20 loss
Chevron has announced an US$11 million 4Q20 loss.
Deloitte and OGUK report urges offshore industry to ‘reimagine’ its business and models to maximise energy transition opportunities
Improving commercial models which support cost reduction whilst incentivising the supply chain could re-energise collaborative culture, according to the findings of the annual Deloitte and OGUK Collaboration Report.
Equinor receives drilling permit in production licence 785 S
The drilling programme for well 31/11-1 S relates to the drilling of a wildcat well in production licence 785 S.
Wood Mackenzie releases oil market outlook
Wood Mackenzie has outlined three themes that will impact oil markets and refining in 2021.
Neptune Energy starts Seagull drilling campaign in North Sea
The Gorilla VI (JU-248) jack-up rig, operated by Valaris, will drill four wells for the development over the course of the drilling campaign which is expected to last 18 months.
Petrofac awarded enhanced North Sea contract by INEOS FPS
Petrofac will continue to supply personnel to the Unity Platform in the Central North Sea, the onshore Cruden Bay Terminal and other landline sites, as well as provide engineering and construction support.
Tenaris to supply Subsea 7 with coated risers and flowlines for Bacalhau offshore field
The agreement includes the provision of 75 km of seamless pipes for risers and flowlines that will be manufactured at Dalmine, Tenaris’s seamless pipe mill in Italy.
Lundin Energy drills dry well in southern Barents Sea
The Bask well was drilled 35 km northwest of the Alta discovery and due south of the Johan Castberg field by the West Bollsta semi-submersible drilling rig.
Subsea Expo postponed to 2022
The three day exhibition and conference is now scheduled to run from 22 - 24 February 2022.