Upstream project news
FAR withdraws from Guinea-Bissau interests
Joint efforts by FAR and operator Petronor to farm down their interests in the Esperanca Blocks 4A & 5A and Sinapa Block 2 offshore Guinea-Bissau have been unsuccessful.
KCA Deutag to carry out energy optimisation work on two Equinor rigs
KCA Deutag will engineer and install carbon-reduction technologies on two CAT J rigs.
PTTEP to take over operating Yadana field
PTTEP will take over operating the Yadana gas field, offshore Myanmar, following TotalEnergies' decision to withdraw from the project.
Unity delivers savings in North Sea decommissioning programme
Unity has deployed its Surface Intervention System for a major international operator in the North Sea.
Eco Atlantic Oil & Gas acquires JHI Associates and its stake in Canje block
The Canje block offshore Guyana is directly adjacent to the prolific Stabroek block where ExxonMobil has discovered in excess of 10 billion barrels of oil.
IOG confims first gas from Saturn Banks project
After final commissioning of the Saturn Banks Reception Facilities at the Bacton terminal, backgassing of the pipeline system was successfully completed over the past week.
CGX and Frontera announce loan agreement to finance drilling offshore Guyana
The loan will enable CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs as agreed to with Frontera.
Equinor drills dry well near Snorre field
Wildcat well 34/4-18 S, drilled about 7 km north-west of the Snorre field in the North Sea, was found to be dry with no trace of hydrocarbons.
McDermott completes subsea work at Bayu-Undan gas field
McDermott's scope involved a tieback of a single in-field well to existing facilities, re-using existing flexible flowline, with a new umbilical and certain infrastructure.
Invictus Energy signs drilling rig contract for Cabora Bassa project
The drilling of the Muzarabani-1 exploration well will involve the Exalo #202 rig, expected to commence mobilisation to the Cabora Bassa project in May.