Upstream news
Tower Resources reaches Thali farm-out agreement
The company is to farm-out a 24.5% working interest in its Thali licence in Cameroon to OilLR.
Sonangol to begin selling assets in April
The sale of non-core assets is part of a attempt by the government of Angola to privatise key state assets including parts of Sonangol itself by 2022.
Zenith Energy signs exclusivity agreement for Tunisia asset
The onshore acquisition currently produces at a rate of approximately 700 bpd, generating gross annual revenues of approximately US$15 million.
GM Flow receives investment for gas flow technology development
The Adjusta-Cone technology eradicates the release of dangerous gas into the atmosphere surrounding the meter.
Independent Oil and Gas advancing mapping of Harvey-Redwell area
The Harvey and Redwell licences are in the UK Southern North Sea.
FID made on Van Gogh infill phase 2
The project, offshore Western Australia, will involve the drilling and completing of three new horizontal, dual-lateral production wells and subsea tieback into existing infrastructure.
EMGS receives Namibia survey award
An undisclosed customer will pre-fund a new multi-client CSEM data acquisition in the Walvis Basin using EMGS’s next generation DeepBlue.
Shearwater GeoServices to carry out Black Sea 3D survey
Shearwater GeoServices has announced the award of a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total E&P Bulgaria B.V.
Equinor makes North Sea oil discovery
Preliminary estimates place the size of the oil discovery, 11 km southeast of Gudrun, between 1 and 2.7 million m3 of recoverable oil.
BP extends vessel contract with Vroon Offshore Services
VOS will continue its exclusive provision of four vessels to support BP’s North Sea and West of Shetland assets until 2023.