Upstream news
Springfield E&P announces oil and gas discovery offshore Ghana
The discovery totalled 1.5 billion bbl of oil and 0.7 trillion ft3 of gas.
Finalists announced for Subsea UK 2020 awards
The black-tie event will take place on 12 February 2020 at P&J Live in Aberdeen, UK, during Subsea Expo – Europe’s largest subsea focused exhibition and conference.
READ Cased Hole opens new facilities in Houston and Anchorage
In Houston, READ now operates from a 9000 ft2 facility in a highly accessible area of the city, comprising offices, a technical workshop, a laboratory and warehouse storage, while the company has relocated to a new and improved customer support office in Anchorage.
Shelf Drilling receives extension for Trident XIV jack-up rig
The Trident XIV Jack-up rig is undertaking workover operations offshore Nigeria.
Ocean Infinity to perform 2D seismic survey for Total in Angola
Ocean Infinity will be deploying technology to conduct 2D Ultra High-Resolution Seismic surveys and Seabed Soil Sampling in Block 32 and Block 17.
PGNiG and ERU to undertake exploration and production operations in Ukraine
The agreement between ERU and PGNiG provides for joint operations on a licence located in the Lviv region, which is close to the Polish border.
HUBER+SUHNER cable solution reduces offshore platform weight
The fire-resistant RADOX® OFL (Oil & Gas Flexible Lightweight) cable solution provides the offshore industry with a safe way to reduce platform weight.
Petrofac and Maersk Drilling sign well management contract
Petrofac has been appointed by Maersk to deliver well management services, including project and supply chain management support for shallow water and deepwater wells throughout the duration of the programme.
Total to invest in Waha concessions in Libya
Total will finance contributions of US$70 million at the outset, US$30 million when the North Gialo field will come onstream and US$30 million when the NC 98 field will come onstream.
Chevron announces capital and exploratory budget for 2020
In the upstream business, approximately US$11 billion is forecasted to sustain and grow currently producing assets, including about US$4 billion for Permian unconventional development and about US$1 billion for other international unconventional development.