Upstream news

Valeura Energy has announced first oil production from its Nong Yao C development, in Licence G11/48 (90% operated working interest), offshore Gulf of Thailand.

Kent and the Energy Institute have announced a new collaborative effort to create comprehensive guidelines for decarbonisation economics in greenhouse gas (GHG) emission reduction projects in the upstream oil and gas industries.

Global Energy Group (GEG) has been awarded a contract from Subsea7 Norway, to fabricate 134 Subsea Spools for the Aker BP-operated Yggdrasil Field Development in the North Sea.

Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production.

Shell Offshore, a subsidiary of Shell, has taken a final investment decision (FID) on a ‘waterflood’ project at its Vito asset in the US Gulf of Mexico.

Chevron has announced that it started oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico.

Impact Oil & Gas Ltd has announced that its wholly-owned subsidiary, Impact Africa Ltd, has entered into an agreement with Silver Wave Energy to acquire its entire interest (10%) in Area 2, offshore South Africa.

Pantheon Resources has announced that it has executed a rig contract to secure the use of the Nabors 105AC rig to drill the Megrez-1 well in Q424.

Arrow Energy, an incorporated joint venture between Shell (50%) and PetroChina (50%), has announced plans to develop Phase 2 of Arrow Energy’s Surat gas project in Queensland, Australia.

Buru Energy has announced that it has executed a letter of intent with Silver City Drilling (SCD) for the provision of Rig 24 to conduct the planned two well drilling campaign in the onshore Canning Basin of Western Australia.