Upstream news
ADNOC and AIQ accelerate deployment of AR360 AI solution
Adnoc says the solution to be deployed on more than 30 ADNOC reservoirs, following successful initial deployment.
Hungary's MOL Group and Turkish Petroleum sign MoU for exploration
Under the Memorandum of Understanding (MoU), MOL Group and Turkish Petroleum have expressed their intention to jointly provide their experience, technical and commercial knowledge, techniques and financial resources.
Proserv secures contract with Aker Solutions to supply a Multiphase Sampling Unit
The technology offers a small footprint system that allows for selective phase sampling from a multiphase flowline when no production test separator exists for continuous, repeatable sampling.
CNOOC Ltd signs four concession contracts for exploration blocks offshore Brazil
The contracts were signed for a total of 4 blocks, S-M-1813 in the Santos Basin, P-M-1737/39/97 in the Pelotas Basin, acquired from the 4th Permanent Concession Offer Cycle, all located offshore Brazil.
Perenco announces drilling of three new development wells, onshore Colombia
Perenco Colombia has announced the successful drilling of three new development wells on the Paravare and Chaparrito fields on the plains of Casanare, onshore Colombia.
Reuters: Sinopec raises output from east China shale oil field
At this rate, according to Reuters, Sinopec is on track to deliver a target set in 2022 to produce 500 000 t/y in 2025 at Jiyang, which is situated mostly in Shandong province and covers 1.8 million acres.
Northern Ocean Ltd announces letter of intent with Kinetic Pressure Control
NOL said the purpose of the letter of intent is to outfit NOL submersibles with the Kinetic Blowout Stopper.
Baker Hughes awarded low-emission compressor technology order for Kaminho deepwater project in Angola
Kaminho is an all-electric project and the first large deepwater development in the Kwanza basin.
Petrobras: FPSO Maria Quitéria starts operating in the pre-salt Campos Basin
The platform can produce up to 100 000 bpd of oil in the Espírito Santo portion of the basin.
Congo cancels auction of 27 oil exploration sites citing insufficient competition
The cancelled auction involved oil blocks containing an estimated 22 billion bbl of reserves.