Upstream news

During the contract period, Maersk Drilling will complete upgrades to the Maersk Intrepid to turn the jack-up into the first hybrid, low-emission rig.

The waterflood project is Chevron’s first in the deepwater Wilcox trend and is expected to contribute an estimated ultimate recovery of more than 175 million boe.

Perenco has bought Petrofac's remaining 51% interest in its operations in Mexico.

The company will work with BP to drill and evaluate the Puma West prospect , while it has acquired from ExxonMobil the Hershey prospect.

The survey is taking place in the MSGBC Basin, with fast-track data available four months after acquisition.

CGG Multi-Client & New Ventures have been applying seismic technology in the Delaware Basin to overcome the challenge of a near-surface evaporite formation.

Rystad Energy chief oil market analyst Bjørnar Tonhaugen has warned of a clear risk of a slower restart of oil production from Saudi Arabia following last week's drone attack, despite optimistic guidance from Saudi Aramco on Monday.

Europa will be assigned a 75% interest in, and operatorship of the licence, located in the Agadir Basin.

Brazil’s recent pre-salt rounds have attracted majors, with BP, ExxonMobil, Royal Dutch Shell, and Statoil all now operators.

The contract is to support Al Dhafra Petroleum's operations at Haliba field, located onshore along the south-east border of Abu Dhabi.