Upstream news
Schlumberger, Halliburton and Baker Hughes awarded Bacalhau drilling and well services contracts
The total value of the three contracts for drilling and well services on the Bacalhau field in Brazil is estimated at US$455 million.
Total Exploration & Production UK awards 3-year framework contract
SNC-Lavalin has been awarded a 3-year framework contract to provide Consultancy Engineering Services.
Scarborough JV receives production licence offers
Woodside Energy has said that the Scarborough Joint Venture intends to accept the offers for the grant of petroleum production licences.
Beach Energy makes gas discovery in Otway Basin
Beach Energy has announced a gas discovery at Enterprise 1 in licence VIC/P42(V) in the nearshore Victorian Otway Basin.
Seabed Geosolutions awarded two 4D OBN surveys in Brazil
The total combined duration of the two surveys, awarded by Petrobras, is estimated around eight months.
Saipem to begin final phase of Payara development
Saipem has received authorisation to proceed with the final phase of the Payara development project in Guyana from Esso Exploration and Production Guyana Ltd.
Oil recovers as US uncertainty fades, but challenges lay ahead
Oil prices recover as the uncertainty over the US election result subsides, but the market has challenges to face in weeks ahead.
McDermott announces second shipment of MODEC FPSO modules
The FPSO will be located in the Area 1 block, approximately 6 miles (10 km) off the coast of Mexico.
Petrofac completes sale of Mexican interests
Petrofac has completed the sale of its remaining 51% interest in its upstream IES operations in Mexico to Perenco Energies International Limited.
Independent Oil and Gas awards Noble Corp. rig contract
Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 to a subsidiary of Noble Corp.