Upstream news

The parties have agreed to continue negotiations on an exclusive basis, with a view to forming a strategic partnership.

The company has announced that the fifth well in its current Niger drilling campaign was spudded on 8 September 2018.

Senex Energy Limited and GLNG have agreed separate gas sales arrangements to progress an initial development area of the Western Surat Gas Project (Roma North), paving the way for a Final Investment Decision of an initial 16 TJ/d gas development, with expansion potential.

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 6407/11-1, cf. Section 15 of the Resource Management Regulations.

Zohr is now producing 2 billion ft³d only a few months after the first gas in December 2017 and 1 year before the schedule of the PoD.

Sentinel Subsea has created a well integrity monitoring system, with its technology tipped to become ubiquitous within the global decommissioning industry.

Tamarama-2 and Tamarama-3 incorporate new well designs to enable enhanced productivity through better alignment between the hydraulic fracture and the wellbore.

The turnkey EFOY power solutions help reduce methane emissions from upstream oil & gas operations.

The project will combine Sonardyne’s underwater positioning systems and Guidance Marine’s relative surface positioning systems into one integrated solution.

Shaun Reynolds, Partner and head of the oil and gas transaction services team at Deloitte in Aberdeen, gave his comments on the report.