Upstream project news
Petrobras signs contract for the sale of the LUBNOR refinery
LUBNOR is the fourth asset to have the purchase and sale agreement signed as part of the commitment signed by Petrobras with CADE in June 2019 to open the refining market in Brazil.
Shell to develop Crux project in Western Australia
Five wells will be drilled initially, and an export pipeline will connect the platform to Prelude, which is around 160 km to the south-west of Crux. Construction will start in 2022 and first gas is expected in 2027.
Petrofac chosen by bp in Mauritania and Senegal
The GTA gas field, which is set to produce around 2.5 million t of LNG per year, is located offshore on the border between Mauritania and Senegal.
Petrofac to support first of a kind geothermal study
The study, supported by the Net Zero Technology Centre in Aberdeen, will cover the initial phase of a staged process to determine how retrofitted wells can reduce the carbon footprint of an operating platform.
Welltec becomes largest shareholder of Isealate AS
Welltec is now the largest shareholder of Isealate, and will be exclusive global partner to the innovative company based in Stavanger, Norway, providing patented patch-thru-patch technology.
Equinor has started the process of exiting the company’s joint ventures in Russia
Equinor has now transferred its participating interests in four Russian joint ventures to Rosneft and is released from all future commitments and obligations.
Equinor to develop gas and condensate discoveries in the Norwegian Sea
Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea.
Sercel acquires Geocomp, a US provider of infrastructure monitoring
CGG’s Sensing & Monitoring division acquired the company as it specialises in high-value services and products for geotechnical risk management and infrastructure monitoring.
Chevron Sanctions Ballymore Project in Deepwater US Gulf of Mexico
Low-cost tieback expected to add up to 75 000 bbl per day of oil production.
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.