Upstream news
Reuters: Sinopec raises output from east China shale oil field
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.
Northern Ocean Ltd announces letter of intent with Kinetic Pressure Control
NOL said the purpose of the letter of intent is to outfit NOL submersibles with the Kinetic Blowout Stopper.
Baker Hughes awarded low-emission compressor technology order for Kaminho deepwater project in Angola
Kaminho is an all-electric project and the first large deepwater development in the Kwanza basin.
Petrobras: FPSO Maria Quitéria starts operating in the pre-salt Campos Basin
The platform can produce up to 100 000 bpd of oil in the Espírito Santo portion of the basin.
Congo cancels auction of 27 oil exploration sites citing insufficient competition
The cancelled auction involved oil blocks containing an estimated 22 billion bbl of reserves.
Baker Hughes, Repsol to collaborate on AI-powered workflows
Baker Hughes said the companies will develop new AI-powered processes and workflows to achieve further optimisation in oil and gas production.
CNOOC sees record oil and gas output from independent field
The Chinese state company also recently discovered one of the world’s first large ultra-shallow gas fields in ultra-deep water.
SLB OneSubsea awarded major contract for deepwater project in Brazil
SLB’s OneSubsea joint venture has been awarded a major contract by Petrobras for the Roncador project, offshore Brazil.
Shelf Drilling announces new contracts in West Africa
Shelf Drilling Ltd has announced new contracts for two jack-up rigs in Nigeria.
Shearwater to conduct new Angolan OBN survey for TotalEnergies
Shearwater Geoservices Holding AS (Shearwater) has announced an award by TotalEnergies for an Angolan OBN project.