Upstream news
Waitsia Gas Project Stage 2 recommended for environmental approval
AWE Perth Pty Ltd, under the Mitsui E&P Australia brand, proposes to construct and operate a conventional gas facility about 16 km south-east of the Dongara-Port Denison town sites.
Noble Lloyd Noble to drill at Valemon from summer 2021
Noble Drilling Norway AS has been awarded a contract by Equinor for drilling three wells at the Valemon field.
Schlumberger, IBM and Red Hat announce hybrid cloud collaboration
The joint initiative will provide global access to Schlumberger’s exploration and production (E&P) cloud-based environment and cognitive applications by leveraging IBM’s hybrid cloud technology, built on the Red Hat OpenShift container platform.
API comments on offshore energy moratorium extension
The API has said the extension of the moratorium on the Eastern Gulf of Mexico (EGOM) and expanding it to the South Atlantic "is the wrong approach at the wrong time".
Equinor to conduct further drilling at Martin Linge field
Analysis of the wells drilled at Martin Linge before the company took over concluded that several of the wells do not have the necessary barriers.
Neptune Energy commences drilling of Bue well
The well is located in the Fenja field in the Norwegian North Sea.
Oil prices continue to fall
Oil prices are continuing to fall, with most concerns focusing on the US, where Covid-19 isn’t slowing down and road fuel demand trembles.
Zenith Energy expands Tunisian portfolio
The company has acquired a working interest in the North Kairouan permit and the Sidi El Kilani concession, which contains the Sidi El Kilani oilfield.
Geoteric launches seismic interpretation products
The two new seismic interpretation products are both powered by artificial intelligence.
Kariya Energy set to acquire oil and gas assets in various African jurisdictions
Kariya Energy will be pursuing acquisitions of various exploration and development plays either through farm-in deals or operatorship through risk service contracts, or direct negotiations with sovereign governments.