Upstream project news
Hammerfest LNG to resume operations in a week
The extensive repairs at Melkøya have been completed, but the run-up of the plant takes somewhat longer than planned.
ExxonMobil to sell Romanian affiliate for more than $1 billion
The company has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to government approvals.
Orcadian Report provides carbon emissions solution for North Sea
The outcomes would enhance the UK’s energy security and would ensure that emissions from North Sea oil and gas production remain world leading.
Longboat Energy executes a two-well farm-in agreement with OMV
The licences contain two firm wells on the Oswig and Velocette prospects anticipated to drill in the summer 2022 and 2Q23 respectively. All the licences are operated by OMV which will retain a 40% working interest post-transaction.
Clontarf Energy acquires 10% of Sasanof Prospect, offshore western Australia
The company plans to drill the main target horizon, the Sasanof-1 Well, in this prospect during May/June 2022.
Transfer of Krafla operatorship from Equinor to Aker BP
The companies have signed a MoU for transfer of the Krafla operatorship from Equinor to Aker BP, making Aker BP the operator of all discoveries in the NOAKA area.
Petrofac secures sizeable decommissioning contract through Gulf of Mexico Alliance
Petrofac has been appointed by PDC as the Decommissioning Services Provider in a contract valued at around US$200m.
MacGregor to deliver a FibreTrac fibre-rope offshore crane
MacGregor, part of Cargotec, has secured a contract with Otto Candies to deliver an active heave compensated FibreTrac offshore crane.
TotalEnergies announces the start of production from the first development phase of the giant Mero field
Launched in late 2017, this first phase (Mero-1) includes a floating production, storage and offloading unit (FPSO) with a production capacity of 180 000 barrels of oil per day.
Upwing Energy to showcase new End2End comprehensive net-zero natural gas service at OTC 2022
Upwing Energy will introduce its new comprehensive integrated End2End (E2E) service boosting production and recoverability in conventional gas wells at the 2022 Offshore Technology Conference (OTC).