Upstream news
Ocean Installer awarded contract by Petronas
Ocean Installer has been awarded a contract by Petronas, the Malaysian oil and gas company, to assist in decommissioning the Chinguetti field off the coast of Mauritania in West Africa.
BP to develop second phase of Oman’s giant Khazzan gas field
Ghazeer development to bring Khazzan production to an estimated 1.5 billion cubic ft per day of gas.
Directa Plus completes successful Grafysorber® field test with OMV Petrom
Directa Plus plc has announced the completion of industrial field testing of Grafysorber® at an oil treatment plant of OMV Petrom.
GlobalData: Over US$25 billion will be spent on Nigeria’s upstream capex to 2020
An average capital expenditure (capex) of $8.4bn per year will be spent on 249 oil and gas fields in Nigeria between 2018 and 2020.
Rystad Energy Release: US oilfield services have more to lose compared to Chinese peers during current trade tensions
US and Chinese based oil & gas steel fabricators have been some of the first companies within the industry to be impacted by the countries playing high-stakes poker through targeted tariffs, Rystad Energy research shows.
Lundin receives consent for exploration drilling in the Barents Sea
The Petroleum Safety Authority have given Lundin consent to drill appraisal well 7220/11-5 S in production licence 609 in the Barents Sea.
88 Energy provides operational update
88 Energy Limited has announced the following update for its projects located on the North Slope of Alaska.
Santos expands acreage position around Arcadia
The Queensland Government has announced that Santos, along with their GLNG JV partners and APLNG, are the successful bidders for the 86km² PRL2016/17-1A block, located directly west of their Arcadia gas field in the Bowen Basin.
Aker BP has received consent for exploration drilling in the Barents Sea
The Petroleum Safety Authority Norway have given Aker BP consent for exploration drilling of well 7221/12-1 in the Barents Sea.
Vallourec enters new long term agreements with Petrobras
Vallourec renews and reinforces its collaboration with Petrobras by signing new long-term agreements.