Upstream project news
Tecnimont S.p.A. awarded EPC contract for Algeria project
The project will be implemented in the Bir Seba and Mouiat Outlad Messaoud oilfields for Groupement Bir Seba.
McDermott completes Malaysia offshore project work
The company has completed the Pan Malaysia Transportation and Installation Projects for Sarawak Shell Berhad and SapuraOMV.
TGS completes Santos Basin survey
The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and 16.
Miclyn Express Offshore awarded long-term charter in Thailand for 14 crew boats
The charter is with an unnamed, 'leading' E&P company and will entail the servicing of platforms in the Gulf of Thailand.
Union Jack Oil increases interest in Wressle development
The company is to increase its interest in the Wressle development in Lincolnshire, UK, to 40%.
Apache deploys digital inspection service on Beryl Alpha platform
Apache’s adoption of the Arup Inspect MInteg inspection service on the Beryl Alpha platform has reduced offshore inspection hours of the topside structure whilst enhancing the quality and availability of inspection data.
Canada announces new regulations for exploratory drilling offshore Newfoundland and Labrador
The regulation provides that exploratory drilling projects in a specific area of the Canada-Newfoundland and Labrador offshore are excluded from the requirement to undergo a project-specific federal Impact Assessment.
Aker Energy reaffirms commitment to Pecan field development
Although a FID for the project is on hold, Aker Energy has said it is working actively to confirm the feasibility of a phased field development by executing conceptual studies.
Lukoil reduces 2020 CAPEX guidance
Lukoil has cut its CAPEX guidance for this year to 450 – 500 billion roubles from 550 billion roubles (US$8 billion).
Axxis Geo Solutions signs contract extension with Equinor
The additional work will commence directly after the conclusion of a previously announced contract, and will last approximately two weeks.