Upstream news

Australia’s oil and gas industry has called for the Commonwealth to fix the offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval was exposed.

The report provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

The African upstream oil and gas sector is in the middle of an US$800 billion capital expenditure (capex) programme that will see liquified natural gas (LNG) emerge as a major investment theme alongside traditional deepwater oil according to Wood Mackenzie.

The drilling of the Mayaya Centro-X1 IE well (stratigraphic investigation), located in the north of the department of La Paz, shows signs of a new oil basin in the northern sub-Andean region, says President of YPFB.

TGS has announced a northern extension to its previously announced Pontiac 3D Survey in the Midland Basin, Texas, US.

Palantir Foundry will help Azule Energy manage their current 200 000 bpd oil production and support their growth goal of 250 000 bpd.

The Jubilee field offshore Ghana has surpassed 100 000 bpd after a second well was brought upstream.

Weatherford International has announced it has been awarded a three-year contract with Aramco to deliver drilling services.

Aker Solutions has been awarded contract from ExxonMobil to provide subsea umbilicals for the Uaru Project, offshore Guyana.

Aberdeen-based Zenith Energy Limited has announced that it has acquired recruitment specialist Prodrill Energy Resource Solutions. Louise Wood will lead the existing team as Recruitment Director.