Upstream news
Neptune Energy ramps-up gas production from the Duva field
Gas production will be doubled from the Duva field in the North Sea, enabling an increase of 6500 boe/d from the first half of April.
Ithaca Energy reaches agreement to acquire Siccar Point Energy
The transaction includes the undeveloped Cambo and Rosebank fields in the UK North Sea.
Wood Mackenzie: domestic UK oil and gas can reduce reliance on energy imports
A Wood Mackenzie report examines the levers the North Sea can pull to increase production and argues indigenous oil and gas still has a major role to play.
Bay du Nord project approved by Canadian government
Equinor and partner Cenovus Energy have not yet made a final investment decision on whether to build the Bay du Nord offshore project.
Perth Basin exploration well plugged and abandoned
Cervantes-1, an oil exploration well in the onshore Perth Basin licence L14, failed to encounter hydrocarbons.
Cloudbreak Discovery to participate in exploration in Namibia
Cloudbreak Discovery, Gondwana Petroleum Namibia Pty Ltd., Timeworn Investments Pty Ltd., Pioneer Oil and Gas Consulting CC and a Swiss-based asset manager will jointly work towards submission of an application to acquire Petroleum Exploration License 1724 in Namibia.
Petrofac secures second O&M contract with Cairn Oil & Gas, Vedanta
Valued at approximately US$60 million, the 60-month contract encompasses services and expertise to support Cairn’s Mangala Processing Terminal located in Rajasthan, India.
IKM Testing UK wins multi-year well services contract across bp's North Sea assets
The agreement, the first well services contract between the companies, includes well integrity remediation services and SCP mitigation.
TGS announces a second 3D multi-client seismic survey in the Egyptian Red Sea
TGS has announced a new 3D seismic survey in partnership with Schlumberger.
Neptune Energy cuts CO2 emissions at German gas field
Operated with power from the grid, KCA Deutag’s rig at the Adorf carboniferous gas field will use electrical motors in place of diesel-driven generators, removing an estimated 1000 t of CO2 emissions from the drilling operation.