Upstream news
BW Energy to acquire semi-submersible drilling rig for Kudu development
The company has signed an agreement to acquire the semi-submersible drilling rig Leo from Aquadrill LLC for a total consideration of US$14 million.
Yme field produces first oil
Expected recoverable reserves in Yme are estimated to be approximately 10 million standard cubic meters of oil – or 63 million barrels.
Neptune Energy begins drilling production wells at Fenja
Fenja is scheduled to come online in the first half of 2023 and will produce approximately 28 000 boe/d at plateau.
PGS and Magseis Fairfield to collaborate on hybrid towed streamer and OBN market
The strategic collaboration has a global scope, with an initial focus on the North Sea.
Fugro to support asset integrity and corrosion management operations offshore west India
Fugro will help OCS Services deliver on ONGC’s Protective Coating of Process Platform Project 1 (PCPP1), an infrastructure project to maintain and refurbish 32 offshore platforms in seven clusters.
Aker Solutions lands FEED contract for Wisting FPSO
The FEED award from Equinor follows the successful completion of a study phase, and the work starts immediately with planned completion in 3Q22.
Neptune Energy endorses World Bank's flaring reduction initiative
Neptune will report annually on its flaring and progress towards meeting the initiative’s objective.
TGS, BGP, CGG sign agreement with Staatsolie for seismic surveys offshore Suriname
The agreement allows the consortium to acquire, promote and license multi-client seismic programmes, including new 3D acquisition and legacy data reprocessing, in the shallow water acreage offshore Suriname.
Petrobras contracts Valaris drillship
The contract, relating to the VALARIS DS-4 drillship, is for a minimum term of 548 days.
BW Energy starts production from well offshore Gabon
The Gamba well DTM-7H has been successfully brought online, while the DTM-6H well in the Dentale formation is scheduled to come onstream in the coming days.