Upstream news

Equinor will not enter any new trades or engage in transport of oil and oil products from Russia.

The divested assets primarily comprise non-operated properties across west Texas and southeast New Mexico, with estimated production of approximately 7000 boe/d.

The Canje block offshore Guyana is directly adjacent to the prolific Stabroek block where ExxonMobil has discovered in excess of 10 billion barrels of oil.

After final commissioning of the Saturn Banks Reception Facilities at the Bacton terminal, backgassing of the pipeline system was successfully completed over the past week.

Azule Energy will be independently managed, with more than 200 000 boe/d of net oil and gas production and 2 billion boe of net resources.

The agreement covers IOG's equity gas from all of the Saturn Banks Phase 1 fields in the North Sea.

The extension to an existing maintenance and modifications frame agreement covers work on all installations offshore Norway operated by OKEA.

Halliburton will deploy Energy Stack, its cloud solution that runs on-premise, to manage petrotechnical software applications.

The loan will enable CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs as agreed to with Frontera.

With the acquisition of Azinam, Eco Atlantic nows owns and operates a number of licences in Guyana, Namibia and South Africa.