Upstream news
Archer secures platform drilling and maintenance contract with Aker BP
The contract covers the Ula and Valhall installations in the Norwegian sector of the North Sea.
Maersk Drilling to carry out two-rig Suriname campaign for Total
The conditional letter of award is for an exploration and appraisal project in Suriname’s Block 58.
Penspen wins contract from Galfar Engineering & Contracting Emirates
Penspen will undertake well tie-in work at the Haliba oilfield in the UAE as well as peripheral prospects.
Suncor to assume Syncrude operatorship by end of 2021
The Syncrude joint venture has agreed in principle that Suncor will become the operator of the Syncrude oil sands project in Alberta, Canada, by the end of 2021.
Aker Solutions awarded maintenance and modifications contract in Brazil by Equinor
The company will provide maintenance and modifications services at the Peregrino field.
NPD announces 25th licensing round
The licensing round encompasses 136 blocks in the Norwegian Sea and the Barents Sea.
VAALCO acquires Sasol's Gabon offshore assets
The deal increases the company's net revenue interest (NRI) production from 4850 to 9150 bpd based on current month production.
Johan Sverdrup field increases production capacity
The Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500 000 bpd by the end of the year.
Major drilling and downhole solutions provider announces the rebirth of a new era
Varel International Energy Services, a long-standing provider of drilling and downhole solutions, has announced its redefining vision for business growth.
Oil rises on unstable ground
Oil rose on Wednesday on vaccine and OPEC+ hopes, but the ground may be too shaky to support such gains.