Upstream news
Zenith Energy declares participation in Nigeria's marginal field bid round
The company has said that is expecting the potential award of a marginal field to happen within 6 months of submitting a bid.
Carbon intensity study rates West Newton project AA
The West Newton project in East Yorkshire, UK, has been given an AA rating for carbon intensity for its potential upstream crude oil production.
SOFEC completes turret mooring system installation for CNOOC
The disconnectable turret was integrated into an FSO in Shenzhen, China, and was successfully connected to the existing Lufeng 13-2 Field Moorings in the South China Sea.
Motive Offshore and Orca Offshore Azerbaijan sign MoU
The two-year agreement will be focussed in Azerbaijan, and is an exclusive agreement between the two companies.
West Erregulla JV secures drilling rig
Strike Energy and Warrego Energy, the operators of the West Erregulla gas field in Western Australia, have entered a long-term contract with Ensign Energy Services for the provision of drilling services with the Ensign 970 drilling rig.
Gazprom spuds first producing well at Kharasaveyskoye field
The Kharasaveyskoye field, in the Yamal peninsula, has estimated gas reserves of approximately 2 trillion m3.
Neodrill and Baker Hughes perform world's first cut and recover operation
The cut and recover operation was carried out for Wintershall Dea Norge.
Oil falls on fears of second wave of Covid-19
Oil prices fell this morning, as traders priced in fears of a second round of Covid-19-related demand decline.
Var Energi extending life of Balder area in North Sea
The Balder Future project is aiming to extend the life of the area to 2045.
Saudi Aramco suspends operations for Shelf jack-up rig
The suspension will last for up to 12 months.