Upstream news
Maersk Drilling to drill subsea development well at Columbus Development
The contract is with Serica Energy and is expected to commence in 4Q20.
FAR releases economic data for development of SNE oilfield offshore Senegal
FAR has said it believes the project will deliver the company a net 13 670 bpd of oil production at US$$11/bbl OPEX, with an unlevered project internal rate of return in excess of 30%.
Total sells Brunei subsidiary to Shell
The sale includes Total's stake in Block CA1, located 100 km off the coast of Brunei.
Dolphin Drilling wins contract extension and agrees to enter multi-year strategic alliance with i3 Energy
Following completion of the latest work for i3 Energy, the Borgland Dolphin will go straight to the Knarr field on the Norwegian Continental Shelf.
TGS to start 3D project offshore Argentina in 3Q19
The survey will employ one Shearwater vessel and cover approximately 7300 km2 of the highly prospective Malvinas Basin, with operations set to commence in 4Q19 and run until 2Q20.
Hess makes oil discovery in Gulf of Mexico
Esox-1 was drilled in 4609 ft (1405 m) of water and encountered approximately 191 net ft (58 m) of high quality oil bearing Miocene reservoirs.
Tethys Oil acquires interest in E&P licence onshore Oman
The company has acquired a 20% interest in the exploration and production licence covering Block 56 onshore Oman.
Subsea Integration Alliance to showcase new branding at OTC Brasil 2019
Formed in 2015, Subsea Integration Alliance is a strategic global alliance between Subsea 7 and OneSubsea, the subsea technologies, production and processing systems division of Schlumberger.
South Sudan and Egyptian National Petroleum Corp. sign MoU
South Sudan also announced at South Sudan Oil & Power 2019 that it would launch its first ever licensing round in 1Q20, putting up 13 onshore blocks for tender.
Churchill records successful drill-string severs in Middle East
The company's HyPR™ stuck pipe solution was used to cut drill-strings at four sites in the Middle East.