Upstream news

The company has announced the award of a contract by Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb Project, located approximately 140 miles east of Aberdeen.

BP Trinidad and Tobago has announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and Matapal.

Gas from the Aasta Hansteen field is now available to the market for the first time, and together with the Polarled pipeline the field opens a new region for gas export to Europe.

The investment will be used to drive sales expansion and to bring to market additional artificial intelligence-enabled solutions, including methane detection.

2018 stands already as the best year for global oil and gas exploration since 2015. Guyana, Russia and the United States top the list with major discoveries.

Following production cuts mandated by Alberta’s Premier in early December 2018, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.

Production has started from the Aasta Hansteen gas field. The deep-water gas development is located in the northern part of the Norwegian Sea, 300 km from the mainland of Norway and in water depths of 1300 m.

Sector enters the new year prepared to capitalise and build.

The company has announced that it has completed the drilling phase of the A39 #1 well in its Orogrande Basin drilling programme with operator Maverick Operating and drilling partner Wolfbone Properties.

The Norne field is in production licence 128 in the Norwegian Sea, around 300 km west of Sandnessjøen and 200 km from the Helgeland coast.