Upstream news

Deep Casing Tools, together with its regional partner for Asia Pac, EFTECH, has successfully ran 3 more of its Turborunner tools with Shell Sarawak.

ADNOC has awarded contracts worth US$324 million to optimise onshore field operations in Abu Dhabi.

Cenovus Energy has agreed to buy Husky Energy in an all-stock deal valued at CAN$3.8 billion (US$2.9 billion).

A seismic consortium comprising PGS, TGS and WesternGeco has been awarded a multi-year contract by Petronas to acquire and process multi-sensor multi-client 3D data in the Sarawak Basin.

BP has started production from the Qattameya gas field in the North Damietta offshore concession.

EM&I have received approval from DNV GL in Aberdeen, UK, for their DNV GL-CP-0484 Approval of Service Suppliers Process for ‘A03 In Water Surveys (ROV)’ and ‘A16 Remote Inspection Techniques (Camera)’.

Oil prices remained mostly unchanged on Friday, despite an overall bearish sentiment caused by the pandemic, with the only bullish note coming from Russia.

Brazil's ANP has approved Karoon Energy's purchase of the Baúna field from Petrobras.

Well 7018/5-1 will be drilled from the West Hercules drilling facility.

Archer has secured a two-year contract extension with a major North Sea operator.