Upstream news
Saipem given US$750 million contract for Jafurah gas field
The project involves the construction of a hydrocarbon collection system and the transport of gas and condensate to the new Jafurah plant, in the Eastern Province of Saudi Arabia.
Petrobras hires Seadrill drillships for work at Búzios field
Both contracts have been signed on a 3-year fixed-term basis, with expected commencement in September 2022.
Equinor sells stake in Corrib gas project offshore Ireland
The sale of its Corrib stake means that Equinor will no longer have an active business presence in Ireland.
CNOOC's Buzzard Phase II development begins production
The Buzzard Phase II development in the UK North Sea is expected to reach its peak production of approximately 12 000 boe/d in 2022.
Expro wins subsea well contracts in South East Asia and Australia
The company has won two contracts in Australia and two in Malaysia.
United Oil & Gas awarded extension to Jamaica licence
Following completion of the approval process, the Walton Morant licence will run to 31 January 2024.
Western Gas signs contract with Valaris for drilling of Sasanof-1 exploration well
Drilling is scheduled to commence in March/April 2022 following the rig relocating from nearby activities on Australia's North West Shelf.
88 Energy selects location for Merlin-2 appraisal well in Alaska
The Merlin-2 appraisal well is targeting 652 million barrels of oil in the highly prospective N18, N19 and N20 targets.
Production begins from Columbus field
Columbus is expected to be producing at its potential by early December.
Lukoil makes discovery offshore Mexico
According to preliminary estimates, the initial oil in place at the discovery in Block 12 reaches 250 million barrels.