Upstream news
Santos makes Bayu-Undan development FID
The programme at the Bayu-Undan field in the Timor Sea comprises three production wells (two platform and one subsea) and will develop additional natural gas and liquids reserves.
Boskalis acquires Rever Offshore
Through this transaction, Boskalis will obtain two diving support vessels, of which one is fully owned (Rever Polaris) and a second chartered (Rever Topaz).
Express Engineering sells off aerospace division to focus on oil and gas
UK-based Express Engineering, which manufactures, assembles, and tests solutions for subsea production systems, has sold its aerospace division for an undisclosed sum.
Lundin Energy given drilling permit near Solveig field
The drilling programme for well 16/4-13 S relates to the drilling of a wildcat well in production licence 359.
Mærsk Inspirer jack-up rig installed at Yme field
The Yme New Development project is now moving into the phase for hook-up, commissioning and preparation for production startup.
First steel cut on SOFEC’s Sangomar FPSO turret mooring
The FPSO will be deployed at Senegal's first offshore oil development.
Oil up on OPEC+ meeting optimism and China demand
Oil prices rose on Monday on expectations that OPEC+ may keep output stable in February and on a demand uptick coming from China.
Total consortium signs E&P agreement in Egypt
The agreement is for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean Sea.
Eni and SNOC begin production at Mahani field
The field is located in onshore Concession Area B of the Sharjah Emirate.
Sulzer awarded pump retrofit contract for Norwegian oil and gas platform
Aker BP has awarded Sulzer a contract to retrofit a water injection pump on the FPSO Alvheim.