Upstream news

In the first part of a two-part article, Alexandre de Rougemont, MAN Energy Solutions, explains how a joint venture between Aker Solutions and MAN Energy Solutions is supplying a modular subsea compressor system that is set to increase efficiency, reduce energy use and improve performance.

TMC will deliver an offshore compressed air system consisting of three large compressors and control system to the Bonga Main FPSO.

Operations to recomplete and reperforate the well at the Wressle oilfield site in North Lincolnshire, UK, have commenced.

BP has relaunched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before Premier was taken over last year, according to industry sources.

Energean’s working interest in the block is now 75%.

Neptune Energy Norge has extended the contract for the Deepsea Yantai rig with an additional two wells in the Dugong area.

The company will install a new living quarter platform at ONGC's Mumbai High asset offshore western India.

The separation is expected to be completed in 1Q21, subject to customary conditions and regulatory approvals.

Oil prices, and especially WTI, rose on Thursday as a result of the promised Saudi production cuts, falling crude inventories and political turmoil in the US.

The E11 gas hub is located 130 km offshore Bintulu, Sarawak.