Upstream news

Wood Mackenzie senior analyst David Low said that he expects ConocoPhillips to redeploy its capital into its North American unconventional and Alaskan positions.

The site offers testing in: coatings & insulations; sour service corrosion; fracture/fatigue mechanics; engineering critical assessments; non-destructive testing; machining capability; pipeline testing; sour gas testing; industry leading mechanical and metallurgical testing; and environmental air emissions testing.

The workscope of the contract is for global offshore inspection and wire rope services.

Wintershall Dea will hold an interest of 20% in the blocks S-M-766 and C-M-845, alongside its partners Repsol and Chevron (operator).

The service will be provided using Vantage's Tungsten Explorer and covers one firm well, "Nigma 1", with the contract estimated to last 73 days.

The assets being sold include interests in the Barossa project and the Caldita, Bayu-Undan, Poseidon and Athena fields.

Total will operate the C-M-541 block with a 40% interest, alongside Qatar Petroleum (40%) and Petronas (20%). The consortium plans to drill a first exploration well in 2021.

Trinity is an E&P company focused on Trinidad and Tobago.

The facility is intended to help global oil and gas operators to ensure that production remains economically viable.

The company has announced its final results for the 12 month period ended 31 July 2019.