Upstream news
Equinor to exit joint ventures in Russia
At the end of 2021 Equinor had US$1.2 billion in non-current assets in Russia.
Neptune Energy begins drilling exploration well in Norwegian North Sea
The Hamlet prospect is located 7 km north of the Gjøa field within the Neptune-operated PL153 Licence.
BP to relinquish stake in Rosneft
BP has held a 19.75% shareholding in Russian state-owned oil company Rosneft since 2013.
ExxonMobil sells Nigeria shallow water business to Seplat Energy
The sale will include the Mobil Development Nigeria and Mobil Exploration Nigeria equity ownership of Mobil Producing Nigeria Unlimited, which holds a 40% stake in four oil mining licences, including more than 90 shallow water and onshore platforms and 300 producing wells.
Eni starts up project offshore Angola
Eni has started production from the Ndungu Early Production development project via the Ngoma FPSO vessel.
NOV acquires AFGlobal’s Advanced Drilling Systems business
NOV and Advanced Drilling Solutions have joined forces to provide equipment, expertise and capabilities to support full rig integration and automation.
Subsea Expo winners announced
MAATS Tech was named subsea company of the year and David Bruton, Director Subsea at Crondall Energy, was recognised for his outstanding contribution to the industry.
Eni FPSO starts production in Mexico
The Miamte FPSO has started production at the Miztón field.
TotalEnergies makes light oil discovery offshore Namibia
The Venus 1-X well encountered approximately 84 m of net oil pay in a good quality Lower Cretaceous reservoir.
Chevron to seek Project Canary certification of Permian Basin and DJ Basin assets
Project Canary, a mission-driven B-Corp, will use its TrustWell Certification programme to review and analyse aspects of the environmental and social performance of individual wells and facilities in the Permian Basin of Texas and the DJ Basin of Colorado.