Upstream news
Shelf Drilling announces early contract termination
The company's contract with Dubai Petroleum will end in October 2020 rather than January 2022.
IDS announces rebrand
The new brand will run across all aspects of IDS' business.
Total makes divestments in Brunei, Sierra Leone and Liberia
The divestments include the sale of Total E&P Deep Offshore Borneo BV, which holds an 86.95% interest in Block CA1 offshore Brunei, to Shell.
Wintershall discovers oil at Bergknapp prospect
Initial recoverable resource estimates put the discovery at between 26 and 97 million boe.
Oil discovery made in US Gulf of Mexico
The Monument exploration well found approximately 200 ft (c. 60 m) of net oil pay with good reservoir characteristics in Paleogene sandstone.
TDI-Brooks completes West Africa offshore data acquisition for TGS
The company, under contract to TGS, has completed the offshore 'seep-hunting' surface geochemical analysis and geotechnical campaign of the MSGBC Basin.
SeaBird OBN surveys off West Africa cancelled
A client of SeaBird Exploration has cancelled two OBN surveys off West Africa due to the Covid-19 situation.
Covid-19 forces extension to closing date for Lebanon's second offshore licensing round
The new deadline for the closing date of Lebanon's ongoing second offshore exploration licensing round is 1 June 2020.
Aker BP makes gas discovery in Norwegian Sea
Preliminary estimates place the size of the discovery in production licence 1008 between 1 and 2.4 billion m3 of recoverable gas.
Rystad Energy: in OPEC+ poker game, Russia holds better cards than Saudi Arabia
In the event of another deadlocked meeting on 6 April, Saudi Arabia will suffer a bigger hit than Russia with regards to the impact on oil and gas revenues, fiscal breakeven price, fiscal deficit and foreign currency reserves, budget deficits and domestic policy.