Upstream project news

Equinor has said the target is expected to be met primarily through significant growth in renewables and changes in the scale and composition of the oil and gas portfolio.

The company will provide subsea umbilicals, risers and flowlines, transportation and installation, pre-commissioning of one jacket and topsides for the Ruby Project offshore Trinidad and Tobago.

Valeura Energy has received notification from its joint venture partner Equinor indicating that it intends to discontinue participation in the deep gas appraisal programme in Turkey's Thrace Basin.

The company secured contracts in the Gulf of Mexico and the North Sea during the second half of 2019.

Following the relinquishment of LO 16/19 in the South Porcupine Basin, Europa’s licence position offshore Ireland comprises five 100%-owned licences.

Alligin forms part of the Greater Schiehallion Area and has been developed as a two-well subsea tieback into the existing Schiehallion and Loyal subsea infrastructure and the Glen Lyon floating, production, storage, offload (FPSO) vessel.

The ultramodern data was acquired over blocks Z5-C and Z5-D and surrounding open acreage as part of a multi-client programme agreed between CGG and Mozambique’s Instituto Nacional de Petroleo (INP).

The company has announced an increase in gross prospective resources to 5.14 billion boe in the Orinduik block offshore Guyana.

The Geoquip Marine survey vessel MV Investigator is at the proposed site for the NJOM-3 well, and is presently conducting the site survey.

The deal was cancelled because of sanctions imposed by the US government on PDVSA, Venezuela's state energy company.