Upstream news

The launch of the centre in Andoversford follows successful downhole and system testing of Enteq Technologies’ new SABER Tool, an alternative to traditional rotary steerable systems (RSS) for directional drilling.

At the end of 2021, Shell had around US$3 billion in non-current assets in Russia.

A fault has been identified in the Rhum Subsea Control Module which has necessitated a temporary shutdown of production.

The Rissana licence (approximate area 8489 km2) surrounds the offshore area of Chariot's existing Lixus offshore licence, where the company announced in January 2022 the conclusion of successful drilling operations at the Anchois field.

At the end of 2021 Equinor had US$1.2 billion in non-current assets in Russia.

The Hamlet prospect is located 7 km north of the Gjøa field within the Neptune-operated PL153 Licence.

BP has held a 19.75% shareholding in Russian state-owned oil company Rosneft since 2013.

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 has started production from the Ndungu Early Production development project via the Ngoma FPSO vessel.

NOV and Advanced Drilling Solutions have joined forces to provide equipment, expertise and capabilities to support full rig integration and automation.