Upstream project news
Production begins at Ærfugl field
Aker BP and PGNiG have started production from the second development stage (phase two) on the Ærfugl field in the Norwegian Sea.
Shell delays making decision on North Sea and Gulf of Mexico projects
The company is delaying final investment decisions (FIDs) on the Jackdaw natural gas field in the North Sea and the Whale deepwater oil discovery in the Gulf of Mexico.
Tullow Oil sells Uganda assets to Total
Tullow has agreed to transfer its entire interests in Blocks 1, 1A, 2 and 3A in Uganda and the proposed East African crude oil pipeline (EACOP) system to Total Uganda for cash consideration of US$575 million.
Fugro awarded remote operations contract on Well-Safe Guardian
Fugro will deliver integrated marine-based services onboard the Well-Safe Guardian, Well-Safe Solutions’ semi-submersible unit for executing subsea well decommissioning work.
Neptune Energy and Wintershall Dea discover oil and gas in Germany
The Adorf Z15 gas well and the Ringe 6 oil well in northwestern Germany have been successfully drilled.
Jadestone Energy makes further CAPEX reductions
The company is deferring its Australia infill drilling campaign into 2021.
Rystad Energy: global OCTG demand to decline by 15% in 2020
The US is seeing an immediate and severe drop in OCTG tonnage requirements, as operators have slashed their drilling programmes by in some cases up to 50%.
Indonesia announces size of Mahato oil discovery
The discovery in the onshore Central Sumatra Basin amounts to 61.8 million bbl, according to Cue Energy Resources, which a 12.5% interest.
SeaBird Exploration receives letter of award for contract in South America
The contract is expected to start in 3Q20, with a duration of about 30 – 45 days.
TGS completes reprocessing of new 2D survey in Russian Sea of Okhotsk
First data from the 21 631 km2 regional 2D seismic survey offshore Sakhalin Island has been sent out to pre-funding customers and is now available to all industry customers.