Upstream news

Joint efforts by FAR and operator Petronor to farm down their interests in the Esperanca Blocks 4A & 5A and Sinapa Block 2 offshore Guinea-Bissau have been unsuccessful.

KCA Deutag will engineer and install carbon-reduction technologies on two CAT J rigs.

PTTEP will take over operating the Yadana gas field, offshore Myanmar, following TotalEnergies' decision to withdraw from the project.

Unity has deployed its Surface Intervention System for a major international operator in the North Sea.

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.