Upstream news

ExxonMobil’s stake in Chad and Cameroon, previously estimated at US$360 million, contains fields producing 33 700 bpd.

Tracerco, part of Johnson Matthey Plc, has announced the launch of its cloud-based platform that will provide customers with a platform to virtually visualise all scanning projects across the globe.

The UK government is potentially facing three separate legal challenges as Greenpeace, Friends of the Earth and Uplift seek to stop up to 130 new oil and gas licences from going ahead.

The call for tenders to secure the drilling rig has been launched and should lead to a selection of the rig in the first quarter of 2023.

The contract, which is worth US$250 000, is scheduled for the first quarter of 2023 and expected to take around a month to complete.

ChampionX is first company to receive new annual supplier recognition award based on performance, service quality, and responsiveness.

Cassia C is expected to produce, at peak, about 200 – 300 million standard cubic feet a day of gas.

The industry is forecast to contribute £14.9 billion in tax receipts during the 2022 – 2023 financial year, however industry members raised concerns around the case for continuing investment following recent changes to the Energy Profits Levy.

In the past six years, CGG has successfully delivered land, marine, transition zone, OBC and high-density OBN seismic imaging results at the BSP centre.

With this acquisition, Chevron can market the RNG it either produces or procures through a nationwide network of CNG locations.