Upstream news
PTTEP to take over operating Yadana field
PTTEP will take over operating the Yadana gas field, offshore Myanmar, following TotalEnergies' decision to withdraw from the project.
Unity delivers savings in North Sea decommissioning programme
Unity has deployed its Surface Intervention System for a major international operator in the North Sea.
Equinor halts trading in Russian oil
Equinor will not enter any new trades or engage in transport of oil and oil products from Russia.
APA Corp. completes Delaware Basin minerals divestiture
The divested assets primarily comprise non-operated properties across west Texas and southeast New Mexico, with estimated production of approximately 7000 boe/d.
Eco Atlantic Oil & Gas acquires JHI Associates and its stake in Canje block
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.
IOG confims first gas from Saturn Banks project
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.
Eni and BP create independent JV in Angola
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.
IOG signs gas sales agreement with BP
The agreement covers IOG's equity gas from all of the Saturn Banks Phase 1 fields in the North Sea.
OKEA awards Aker Solutions contract extension
The extension to an existing maintenance and modifications frame agreement covers work on all installations offshore Norway operated by OKEA.
Halliburton to design cloud solution for E&P applications for Petrobel
Halliburton will deploy Energy Stack, its cloud solution that runs on-premise, to manage petrotechnical software applications.