Upstream news
Johan Sverdrup field due to reach peak production earlier than expected
Equinor has said the North Sea field is on course to reach plateau production for the first phase in early May, earlier than anticipated.
Whitebark Energy ends Wizard Lake deal
Whitebark Energy has terminated an agreement to acquire the residual 40% interest in the Wizard Lake oilfield in Canada.
Foinaven FPSO to be chartered by BP for 10 years
Teekay Corp. has entered into a new bareboat charter contract with Britoil Ltd, a subsidiary of BP, for the Petrojarl Foinaven FPSO unit for up to approximately 10 years.
Rosneft sells Venezuelan assets to Russian government
The company has terminated its operations in Venezuela.
Siccar Point and Shell defer Cambo FID to 2021
Siccar Point and Shell UK had been planning to bring the project to a Final Investment Decision (FID) in 3Q20.
Production boosted at two North Sea fields
First gas has been achieved from a new well in the Chiswick field in the Southern North Sea, while first oil has been achieved from a new well in the Chestnut field.
Valaris receives notice of drilling contract termination
The company is in discussions with Total regarding the notice.
EM&I installs diverless anti-corrosion system on FPSO
The HullGuard system involves installing a tubular ‘periscope type’ anode with an integral dielectric shield, through an ODIN® type class approved access port fitted to the inside of the ship’s hull.
Senegal Oil & Power 2020 postponed
Africa Oil & Power (AOP) is working with Senegalese government partners to confirm a new date for the conference.
Development of Queensland gas tenement acreage put on hold
Incitec Pivot Ltd's 50/50 joint venture project with Central Petroleum concerning the coal seam gas acreage (ATP 2031) in Queensland’s Surat Basin has been temporarily paused.