Upstream project news

Rystad Energy expects total 2020 Canadian upstream spending to fall below CAN$21 billion.

The subsea transmission system, expected to begin commercial operation in 2025, will connect ADNOC’s offshore production facilities to ADPower’s onshore electricity grid.

SBM Offshore has announced the sailaway of the last two modules for the turret mooring system, destined for Singapore for integration into the hull of Equinor’s Johan Castberg FPSO.

The decision document, received on 24 April from the UK Environment Agency, grants a variation to the permit for the West Newton A site and associated WNA-2 testing operations.

Maersk Drilling is to reduce its offshore crew pool as a result of tenders and projects being delayed or cancelled.

Eni's adjusted operating profit for the quarter was €1.31 billion, down by €1 billion, or by 44%, compared to 1Q19.

Well 6507/8-10 S, 10 km east of the Heidrun field, will be permanently plugged and abandoned.

The company expects that the Sobhi well, onshore Nile Delta in Egypt, will be tied in during 2021.

Rystad estimates that the total number of started frac operations will end up below 300 wells in April 2020.

Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK.