Upstream news
ExxonMobil to sell its share of Aera Energy joint venture
ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV.
TAQA to acquire 100% of Al Mansoori Petroleum Services
The transaction is expected to close in 4Q22, subject to obtaining all relevant approvals and satisfying other conditions to closing.
STRYDE signs seven-figure deal with Polaris Natural Resources at IMAGE ‘22
The seven-figure contract, sees Polaris purchasing a 13 000-node system from innovative land STRYDE. The system will be used to acquire high-density subsurface data to enable cost-effective and efficient oil and gas exploration in Africa.
Neptune Energy confirms new discovery in the Gjøa area
Neptune Energy and its partners have announced a new commercial discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea.
Gold Standard signs ground-breaking partnership with Singapore on carbon credits
Singapore-based companies will be able to use eligible Gold Standard carbon credits to meet part of their carbon tax obligations in Singapore and provide a boost for international cooperation in the Paris Agreement era.
Intelligent Wellhead Systems joins Corva’s program to optimise completions, operational performance, and maximise well productivity
The new IWS SIMOPS app is now available on the Corva App Store. The app provides real-time visualisations of the frac tree and wellheads that improve wellsite operational and safety performance.
20% of UK’s gas consumption will soon be monitored by the B&K Vibro VC-8000 Setpoint system
Brüel & Kjær Vibro products have already been installed on 22 offshore platforms in the UK and Norwegian continental shelves since 1995, as well as many other platforms worldwide. The most recent in the UK continental shelf are the Lomond, North Everest and Armada platforms.
CGG, PGS and TGS announce Schlumberger is joining Versal
Versal is a unified, independent, secure, cloud-based multi-client seismic data ecosystem where energy companies can easily access all their data and entitlements in one place via a single log-in.
Neptune Energy and Horisont Energi to cooperate on Errai CCS project, Norway
Errai could store 4-8 million t of CO2 annually, with the potential to store more in later phases. The project includes an onshore terminal for intermediate storage, with the intention to permanently store the CO2 in an offshore reservoir.
Northern Lights and Yara sign the world’s first commercial agreement on cross border CO2 transportation and storage
The companies have agreed on the main commercial terms to transport CO2 captured from Yara Sluiskil, an ammonia and fertiliser plant in the Netherlands, and permanently store it under the seabed off the coast of Norway.