Upstream project news

The hull is being towed to the Sembcorp Marine Admiralty Yard in Singapore, where the topsides will be integrated, before the completed FPSO is towed to the Karish field in Israel for installation and hook-up.

The latest Kwanza Shelf survey will provide key data for the Angolan 2021 Licence Round.

Sapakara West-1 was drilled to a depth of approximately 6300 m (20 700 ft), and successfully tested for the presence of hydrocarbons in multiple stacked targets.

The 5600 km2 survey will be undertaken over 90 days and is an extension of Atlantic Margin surveys acquired between 2017 and 2019.

The project is due to commence in 2Q20 and last approximately 3 months.

The expanded coverage over the Malvinas and Austral Basins adds to Searcher’s existing data in the area.

Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has advised of its acceptance of the Scarborough offshore project proposal.

At 4265 ft (1300 m), the first well that has been opened for early first gas is the deepest water depth opened by ONGC.

BP has cut its 2020 spending plans by 25% and will reduce output from its US shale oil and gas business.

The company's 2019 projects were mainly concentrated in Russia and Uzbekistan.