Upstream news

Transocean Ltd. has announced that a four-well option was exercised for the Dhirubhai Deepwater KG1 with Reliance Industries Limited in India.

Seadrill has announced contract awards for the ultra-deepwater drillships, West Tellus and West Jupiter.

The contract covers the design and manufacture of subsea tree systems, manifolds, jumpers, controls, and services.

Arrow Exploration Corp., an operator with a portfolio of assets across key Colombian hydrocarbon basins, announces that it has reached target depth on the Alberta Llanos-1 well on the Tapir Block in the Llanos Basin of Colombia using the contracted Petroworks rig.

The Board of Tullow noted the recent media speculation and confirmed that it is in preliminary discussions with Kosmos Energy Ltd regarding a possible all-share offer by Kosmos for the company.

QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest in the Petroleum Exploration License and Petroleum Agreement for Block 2813B (PEL0090), offshore Namibia.

The technology will provide flow rates and identify flow patterns, generating online and real-time data availability for control and monitoring of slug instabilities to increase efficiency and optimise production of wells.

NOG capital commitment not expected to exceed US$160 million, for a 15% working interest at an average net revenue interest of 84% in the program.

Subsea7 today announced the award of a sizeable contract by Shell Offshore Inc. in the US Gulf of Mexico.

CNOOC Ltd has announced that CNOOC Energy Holdings U.S.A. Inc., a US-based subsidiary of its wholly owned subsidiary CNOOC International Ltd., has entered into a Stock Purchase Agreement (SPA) with a subsidiary of INEOS Energy for the sale of CNOOC Holdings U.S.A. Inc.