Upstream project news

The Sole gas project offshore Victoria, Australia, has passed a critical milestone with the entry of gas from the Eastern Gas pipeline into the Orbost gas processing plant.

Global oil firms are preparing to spend more than US$53 billion in Guyana’s coveted Stabroek Block during the coming decade, Rystad Energy research shows.

Faithful+Gould and Atkins have been awarded the pre-final investment decision upstream facilities and shared project management team services for the Zama development project from Talos Energy Inc.

A report by the data and analytics company reveals that Guyana, Mauritania and Russia hosted the most significant finds of 2019.

The discovery in the Sureste Basin may contain between 200 and 300 million bbl of oil in place.

Mudlogging and LWD logging results from the Primary targets in the Tumbes Formation indicated that the Marina-1 well encountered thin water bearing sands with no oil and only minor gas shows.

The Petrobras-led Búzios Project will be recognised at this year's Offshore Technology Conference for the use of technological advancements in extreme conditions.

Salah is expected to a reach its targeted depth of approximately 9000 ft in late March/early April and is targeting gross P50 unrisked prospective resources of c.71 billion ft3 equivalent, as estimated by management.

The company has completed subsea installation monitoring work to support the Northern Lights carbon capture storage (CCS) project in the North Sea.

The reprocessing project marks the next phase of imaging over the mature, hydrocarbon producing areas of Main Pass and Viosca Knoll.