Upstream project news
Zenith Energy enters partnership for acquisition of oil production asset in Republic of the Congo
The primary objective of the agreement is the potential acquisition of an onshore oil production licence last producing at a rate of approximately 300 bpd from the Mengo formation as recently as 2019.
ABB teams up with Yinson on offshore oil and gas project in Brazil
ABB to deliver complete electrical, control and telecommunication solutions to drive efficiency and productivity for a new floating production, storage and offloading (FPSO) vessel.
Petrobras awards Saipem contract for Búzios pre-salt subsea work
Saipem is to install a rigid riser-based subsea system to serve the Búzios pre-salt project offshore Brazil.
The latest issue of Oilfield Technology is now online
The latest issue of Oilfield Technology begins with a review of the Asia upstream sector.
Sasol relinquishes Mozambique offshore gas licence
Sasol was awarded Block 16/19 in 2005.
PGS begins seismic survey in Barents Sea
The survey extends Hammerfest Basin coverage further west and north into the southern Loppa High, with first data available in 4Q20.
Atlas Petroleum resumes development of Niger Delta prospect
The company has resumed work over activities and well interventions on OML 109 in Nigeria in order to enhance production from the Ejulebe marginal field.
Spirit Energy drills dry well in Barents Sea
Wildcat well 7321/8-2 S was drilled about 110 km north of the Johan Castberg field and about 310 km north of Hammerfest.
Neptune Energy discovers hydrocarbons at Dugong well
Logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring.
Gazprom Neft, Lukoil and Tatneft establish JV
The partners will be sharing operational and technological competencies for developing hard-to-recover oil reserves in the Orenburg Oblast region of Russia.