Upstream news
A boost for peace with new petroleum agreement between South Sudan and South Africa
This landmark oil deal marks yet another achievement for Africa’s growing energy investments and will provide further boost to South Sudan’s economic revival.
Schlumberger introduces continuous resistivity look-ahead-while-drilling service
IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.
Update on Angus Energy’s operations at its Brockham well site
The BRX4Z sidetrack at Angus Energy’s Brockham well site has been successfully re-perforated.
API endorses revisions to Well Control Rule
The industry body said that the revisions to the Bureau of Safety and Environmental Enforcement Well Control Rule promote safe offshore operations.
Ampelmann to perform maintenance work at Gulf of Mexico oil and gas platform
An Ampelmann A-type system has been mobilised on the Harvey Blue Sea vessel, owned by Harvey Gulf, and will operate for 120 days.
CGX Energy and Frontera Energy receive approval of strategic joint venture from Guyana’s government
The two companies' joint venture covers two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks.
Statfjord A platform to shut down in 2022
One of the oldest platforms on the Norwegian continental shelf, Statfjord A, operated by Equinor, was originally scheduled to be shut down in 1999.
Wintershall and DEA Deutsche Erdoel complete merger
The integration of Wintershall and DEA is expected to be completed in approximately one year.
Eni signs exploration and production agreement for Block 1 offshore Bahrain
Under the terms of the agreement, Eni will pursue exploration activities in the offshore area of over 2800 km2, located in the northern territorial waters of the Kingdom of Bahrain, with water depth ranging from 10 up to 70 m.
TGS acquires Spectrum
Spectrum owns the world’s largest 2D library of seismic data.