Upstream news
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.
Equatorial Guinea set to intensify E&P activity in 2021
Trident Energy is set to drill three wells in Block G offshore Equatorial Guinea in 2021, with an estimated start date in April.
Rystad Energy: 2021 could offer a window of opportunity for producers
Rystad Energy’s latest balances indicate that 2021 could offer producers a window of opportunity, as monthly supply deficits may reach their highest level in years.
AqualisBraemar completes acquisition of LOC Group
The purchase price consideration was a US$20.2 million cash consideration plus 2 million conditional warrants in AqualisBraemar.