Upstream news

Triangle’s Managing Director Mr Rob Towner said the farmin to the Mt Horner L7 Production Licence further demonstrates the company’s strategy of growth in the Perth Basin.

Equinor and the Johan Sverdrup licence have awarded a jacket contract for the processing platform for Johan Sverdrup phase 2 to Kværner. The contract value is around NOK 900 million.

The Heads of Terms is for the use of the CTF-4, a 2000-horsepower onshore rig, or equivalent drilling rig, for the drilling of the Salloum West-1 well located in the Sfax Offshore Exploration Permit.

The company has announced that the Oil and Gas Authority (OGA) has approved the Field Development Plan (FDP) for the North Sea Columbus Development.

The company has received follow-up orders from its contract partner, the Norwegian service company Aibel, that are to tie in with phase 1 of the Johan Sverdrup oil field project.

Following the news that Mexico’s new government will focus only on Pemex to support crude oil production, David Bautista, Oil and Gas Analyst at GlobalData, offers his view on the effect of this on the industry.

The LOI was signed on 29 October, 2018 at an executive level meeting in Beijing led by Lei Fanpei, the CSSC Chairman and Michel van Roozendaal, MacGregor President.

The Petroleum Safety Authority have given Equinor Energy AS consent for exploration drilling of well 36/1-3.

Total E & P Norge AS has received consent to use Skirne and Byggve beyond the originally planned operational life.

The company celebrates mobile offshore unit rig move number 2000, just over five years after the company was launched.