Upstream news
Anglo African Oil & Gas plc: SNPC costs reimbursements
As a result of the work conducted to date on the Licence, including the successful drilling of the TLP-103C well, SNPC owes approximately US$10 million to AAOG in respect of SNPC’s share of the total costs.
WoodMac: Repsol-led consortium makes significant gas discovery in Indonesia
Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in Indonesia, Wood Mackenzie's research director Andrew Harwood provides commentary.
Neptune Energy B.V. renews contract with Sea Mar Shipping B.V.
The vessel and crew will support Neptune Energy B.V. with its IRM campaigns on the Dutch Continental Shelf from March 2019 until 2021.
Harvest Oil & Gas announces divestiture of San Juan Basin assets
The company plans initially to use net proceeds to reduce outstanding borrowings under its revolving credit facility.
Equinor: oil discovery in North Sea
The company, which is the operator of production licence 248 C, has completed the drilling of wildcat well 35/11-22 S.
Fluor awarded contract to design and build new Valvoline lubricants facility in China
The project is Valvoline’s first plant in China. Fluor booked the undisclosed contract value in the fourth quarter of 2018.
Shale support secures deal as provider for Tier-One E&P
Agreement will provide proppant to industry leader.
Noble Corporation plc announces purchase of a second newbuild jackup rig
The company has exercised an option for the purchase of a second newbuild Gusto MSC CJ46 design jackup rig from the PaxOcean Group for US$83.75 million.
Inmarsat announces new initiatives with Rainmaking and Bluetech
The programmes aim to nurture innovative IoT and big data applications in the multi-modal supply chain.
GlobalData: Shell’s move on Bonga Southwest/Aparo is a major boost for Nigeria’s deepwater oil sector
Cao Chai, Upstream Oil & Gas Analyst at GlobalData, offers her view on the deepwater project.