Upstream news

Signature of the LOI enables the Company to progress regulatory approvals for the use of the jack-up rig in Timor-Leste, including the preparation of the required drilling safety case and other campaign specific documentation, in compliance with applicable law in Timor-Leste.

Jadestone Energy has announced that the Akatara gas development has successfully completed its formal EPCI contract performance test.

Halliburton Company has announced it has introduced the Intelli suite of diagnostic well intervention wireline logging services.

CNX Resources Corporation has announced that it has entered into a definitive agreement to acquire the natural gas upstream and associated midstream business of Apex Energy II, LLC.

McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México S.A. for the Polok and Chinwol field development project in the Gulf of Mexico.

John Wood Group PLC has signed three major agreements with bp to provide engineering and project delivery services for their capital projects worldwide.

The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.

The transaction, which has an effective date of 1 October is expected to close in 1Q25, subject to customary closing conditions.

Sintana Energy Inc. has provided the following further update regarding the second campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin.

CNOOC Ltd has announced that Jinzhou 23-2 Oilfield Development Project has commenced production.