Upstream project news
Neptune Energy ramps-up gas production from the Duva field
Gas production will be doubled from the Duva field in the North Sea, enabling an increase of 6500 boe/d from the first half of April.
Bay du Nord project approved by Canadian government
Equinor and partner Cenovus Energy have not yet made a final investment decision on whether to build the Bay du Nord offshore project.
Perth Basin exploration well plugged and abandoned
Cervantes-1, an oil exploration well in the onshore Perth Basin licence L14, failed to encounter hydrocarbons.
Cloudbreak Discovery to participate in exploration in Namibia
Cloudbreak Discovery, Gondwana Petroleum Namibia Pty Ltd., Timeworn Investments Pty Ltd., Pioneer Oil and Gas Consulting CC and a Swiss-based asset manager will jointly work towards submission of an application to acquire Petroleum Exploration License 1724 in Namibia.
Petrofac secures second O&M contract with Cairn Oil & Gas, Vedanta
Valued at approximately US$60 million, the 60-month contract encompasses services and expertise to support Cairn’s Mangala Processing Terminal located in Rajasthan, India.
IKM Testing UK wins multi-year well services contract across bp's North Sea assets
The agreement, the first well services contract between the companies, includes well integrity remediation services and SCP mitigation.
TGS announces a second 3D multi-client seismic survey in the Egyptian Red Sea
TGS has announced a new 3D seismic survey in partnership with Schlumberger.
Neptune Energy cuts CO2 emissions at German gas field
Operated with power from the grid, KCA Deutag’s rig at the Adorf carboniferous gas field will use electrical motors in place of diesel-driven generators, removing an estimated 1000 t of CO2 emissions from the drilling operation.
SBM Offshore awarded contracts for ExxonMobil FPSO ONE GUYANA
SBM Offshore will construct, install and then lease and operate the ONE GUYANA FPSO for a period of up to 2 years.
ExxonMobil makes final investment decision on Yellowtail development
The company’s fourth, and largest, project in the Stabroek Block offshore Guyana is expected to produce approximately 250 000 bpd starting in 2025.