Upstream news
88 Energy Limited: Project Icewine operations update
The Icewine#2 well was shut-in on 10 July to allow for imbibition and pressure build up to occur within the HRZ shale. Flow testing re-commenced on 31 August at 10:26 (AK time), and is ongoing.
BP and Bridas to combine PAE and Axion Energy, forming new integrated energy company
New joint venture will be largest privately-owned integrated energy company operating in Argentina.
Sound Energy plc: completion of OGIF acquisition and Issue of equity
Sound Energy, the African and European focused upstream gas company, is pleased to announce the completion of the company's previously announced acquisition by the company of the interests of Oil & Gas Investment Fund S.A. in Eastern Morocco.
Shell and Petrobras sign technical cooperation agreement to strengthen deepwater partnership
Shell will benefit from technical solutions, contract management expertise and cost efficient initiatives Petrobras applies to Brazil’s pre and post-salt projects. Shell will share with Petrobras its deepwater experience, especially on cost efficiency efforts and use of technology.
Angus Energy: Lidsey-X2 operational update
Angus Energy plc. has announced that the BDF drilling rig 28 has arrived on location at the Lidsey Oil Field and is in the process of rigging up prior to rig acceptance. Ancillary equipment and casing is already on site and equipment inspections continue.
Hyperdynamics announces Fatala-1 exploration well did not encounter hydrocarbons
The well encountered a 75 m-thick Cenomanian sedimentary channel sequence, but it contained predominantly siltstone and clays with no hydrocarbon shows. The well will be plugged and abandoned.
BiSN completes inaugural North Sea project
The plugging and abandonment (P&A) work in the Valhall Field for Aker BP involved the use of BiSN’s metal-to-metal downhole sealing solutions.
UKOG: further drilling permits granted for Horse Hill Oil Discovery, Weald Basin, UK
The Environment Agency has granted permits to enable HHDL to carry out extended flow tests at HH-1, store any produced oil, drill and test both a side-track from the existing HH-1 well and new borehole HH-2. The Company has a 32.435% interest in the Licences.
BHGE awarded subsea contract by Petrobel for Phase 2 development of Egypt’s ‘super giant’ Zohr gas field
The project underscores the company’s position as the world’s first and only integrated fullstream provider of cutting-edge subsea technology, products, services and digital solutions.
PlanSea and ION announce collaboration to optimise offshore supply vessel logistics
The two companies aim to provide a comprehensive, real time solution for marine logistics management that significantly reduces costs and risks.