Upstream news

The MoU promotes developing new gas infrastructure for Elixir’s Taroom Trough gas resources.

The transaction is expected to close late in 4Q24.

Adnoc says the solution to be deployed on more than 30 ADNOC reservoirs, following successful initial deployment.

Under the Memorandum of Understanding (MoU), MOL Group and Turkish Petroleum have expressed their intention to jointly provide their experience, technical and commercial knowledge, techniques and financial resources.

The technology offers a small footprint system that allows for selective phase sampling from a multiphase flowline when no production test separator exists for continuous, repeatable sampling.

The contracts were signed for a total of 4 blocks, S-M-1813 in the Santos Basin, P-M-1737/39/97 in the Pelotas Basin, acquired from the 4th Permanent Concession Offer Cycle, all located offshore Brazil.

Perenco Colombia has announced the successful drilling of three new development wells on the Paravare and Chaparrito fields on the plains of Casanare, onshore Colombia.

At this rate, according to Reuters, Sinopec is on track to deliver a target set in 2022 to produce 500 000 t/y in 2025 at Jiyang, which is situated mostly in Shandong province and covers 1.8 million acres.

NOL said the purpose of the letter of intent is to outfit NOL submersibles with the Kinetic Blowout Stopper.

Kaminho is an all-electric project and the first large deepwater development in the Kwanza basin.