Upstream news
TGS completes East Canada seismic survey
The study offers subsurface interpretation for the entire offshore East Coast Canada.
Bashrush discovery offshore Egypt tested successfully
Eni, BP and Total have successfully tested the well drilled on the Bashrush prospect in the North El Hammad concession.
Plexus Holdings awarded production wellhead contract
The order from Spirit Energy includes Plexus’ POS-GRIP 5000 psi leak proof “HG” metal to metal sealing surface production wellhead and associated spares and equipment for a new gas well in the UK North Sea.
Petrofac awarded well management contract with NEO Energy
Petrofac will provide Well Management and Well Operator support for 25 production wells across the Affleck, Balloch, Dumbarton, Flyndre and Lochranza fields in the North Sea.
Oil stable as concerned traders brace for supply increase
Oil prices remain largely stable but concerns abound, while the market braces for some OPEC+’s curtailed production to return soon.
NOV announces 2Q20 results
The company reported a net loss of US$93 million for 2Q20.
OMV concludes appraisal of gas/condensate discovery offshore Norway
The operator's preliminary estimate of the size of discovery 6506/11-10 (Hades) is between 2 and 7 million m3 of recoverable oil equivalents.
Hurricane Energy increases production at Lancaster EPS
A period of ESP testing has seen production increase from c.15 000 bpd to c.17 000 bpd.
ADNOC transfers major offshore concessions from CNPC to CNOOC
ADNOC has agreed to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum Corporation to China National Offshore Oil Corporation’s subsidiary CNOOC Limited.
Eni confirms expanded gas and condensate potential at Vietnam discovery
Drilling at Ken Bau-2X, located in Block 114, Song Hong Basin, offshore Vietnam, has confirmed a significant hydrocarbon accumulation on the Ken Bau discovery.