Upstream news
Lundin Energy appoints new CEO
Nick Walker will become President and CEO of Lundin Energy following Alex Schneiter’s decision to step-down from the position.
Qatar Petroleum acquires interest in Angola offshore block
Qatar Petroleum has acquired a 30% participating interest in Block 48, located in the ultra-deepwaters offshore Angola.
Oil keeps gains, but prices stay in the waiting room ahead of OPEC's meeting
Oil prices hold on to their gains as another weekly crude storage relief is expected to be announced by the US API institute today, a day before OPEC+ meets.
Neptune Energy and Eserv to work on digitisation of Cygnus platform
The partnership with Eserv is part of the first phase of Neptune Energy’s strategy to “digitise” its assets and processes.
Drilling begins at West Newton
West Newton could represent the largest UK onshore oilfield discovery in decades.
API welcomes approval of Coastal Plain Oil and Gas Leasing Program in Alaska
The US Department of Interior has approved drilling in 1.56 million acres of the Arctic National Wildlife Refuge in Alaska.
Winners announced at the 34th Offshore Achievement Awards virtual ceremony
BP and Pale Blue Dot Energy were joint winners in the ‘Energy Transition for Future Generations’ category.
Woodside pre-empts Cairn sale of Sangomar interest to Lukoil
Woodside has matched Lukoil's offer of US$400 million to buy Cairn Energy's stake in the Sangomar project offshore Senegal.
Total and partners launch third phase of Mero field development
The Mero 3 FPSO will have a liquid treatment capacity of 180 000 bpd and is expected to start up by 2024.
Luiperd well to be spudded this month
A joint venture led by Total is on course to spud the Luiperd-1 well offshore South Africa imminently.