Upstream project news

A joint venture, including PTTEP, Petronas, Repsol and Wintershall Dea, made the discoveries in the Salina Basin.

IOG has received the approval for its Core gas project in the North Sea.

The company has said that site construction works will commence on the West Newton B drilling site in due course.

The company has completed completed a second series of development drilling of wells at the Panuco field for a major oilfield services company.

Kazakhstan has pledged to cut its output by 390 000 bpd in May and June.

The hybrid jack-up rig Maersk Intrepid will drill three wells and plug one in the Martin Linge field offshore Norway.

Rockhopper Exploration has said that it, Premier Oil and Navitas Petroleum remain committed to the finalisation of the farm-in agreement.

Ascent Resources is currently the only London-listed company to venture into the Cuban oil and gas market.

The survey has gathered over 6100 km2 of seismic data from the Papuan Basin.

The two wells drilled and completed in Block B-80 are expected to have an average production of 8000 bpd.