Upstream project news

The company is investing in Arrow Energy's Surat gas project in Queensland, Australia.

The 4770 km2 Gambito 2020 3D survey will cover open acreage in deep and ultra-deep waters.

The Peregrino oilfield offshore Brazil is Equinor’s largest offshore operation outside Norway, and produces 70 000 to 80 000 bpd.

The contracts were with Woodside in Australia and Reliance in India.

The project, worth around US$1.65 billion, and awarded in February 2020, comprised two packages. Petrofac Emirates’ portion of the scope of work is valued at US$1.5 billion.

The Armada Sterling FPSO is currently operating for ONGC in the D1 field 200 km offshore India's west coast.

The joint venture between the two companies was set up to develop licence blocks in Russia's Yamal peninsula.

The gross (full field) 1C (contingent) resource estimate of 323 billion ft3 of recoverable raw gas represents an increase of 76% on the pre-appraisal estimate of 184 billion ft3.

Field trials of eight emerging methane detection technologies, including satellite and aerial surveillance monitoring, are being conducted at nearly 1000 sites in Texas and New Mexico, US.

The company has also said it has received notices of early termination of contracts from ExxonMobil.