Upstream news
Drilling of Tambak-1 well begins
The Tambak-1 well is located approximately 4.5 km north of the Mako South-1 location and is designed to both appraise the extent of the Mako gas field as well to test the underlying Tambak prospect.
Kosmos Strikes Oil in Offshore Rio Muni, Equatorial Guinea
The discovery was the first well drilled in Kosmos’ infrastructure-led exploration (ILX) in offshore Equatorial Guinea.
WoodMac comment: Chevron confirms Tengizchevroil costs overrun
Ashley Sherman, principal analyst, Caspian upstream reflects on Chevron's confirmed cost increases and delays.
Saudi Aramco confirms intention to proceed with initial public offering
The company said in a statement that it intends to float on the Riyadh stock exchange.
Strike Energy begins Walyering 3D seismic campaign
It is currently estimated that the Walyering prospects in Western Australia may contain up to 263 billion ft3 of gas and 6.3 million bbl of associated condensate.
Viewport3 awarded pre-removal scanning contracts
The contract scopes will see the company providing two North Sea operators with the intelligence they need to make decisions about the removal of items from the seabed, reduce ad-hoc engineering and minimise time spent offshore.
Shearwater GeoServices to conduct South Africa seismic project for Total
The survey at block 11B-12B will be Shearwater’s first project offshore South Africa.
UK government ends support for fraccing
Ministers took the decision, which was announced on 2 November, on the basis of a report by the Oil and Gas Authority (OGA), which found that it is not currently possible to accurately predict the probability or magnitude of earthquakes linked to fracking operations.
CIRCOR International features R.G. Laurence on/off valves for hazardous conditions
Rugged ATEX-certified valves ideal for high temperature and extreme service conditions.
Tower Resources to conduct the site survey at the intended NJOM-3 well location
Tower Resources plc provides an update on operations on the Thali block in Cameroon.