Upstream project news
Liza Destiny FPSO arrives offshore Guyana
The vessel will operate in the Stabroek Block, which is operated by ExxonMobil affiliate Esso Exploration and Production Guyana Ltd.
Farm-down agreement between Tullow, Total and CNOOC in Uganda terminated
The agreement, which has been terminated as of 29 August 2019, was for the Lake Albert licences in Uganda.
Maersk Drilling secures one-well UK contract with Petrogas
The company is to drill an appraisal well at the Birgitta field in the Central part of the UK North Sea.
Ampelmann performs first cargo lifts for Apache North Sea
Over the course of the 30-day campaign, the company's E1000 system enabled more than 1925 safe personnel transfers and 354 lifts, transferring 118 t of cargo.
Gabon aims to increase crude oil production by 50% by 2020/2021
Vaalco Energy has announced that it will begin its drilling campaign in the country’s offshore this September.
Equinor finalises sale of shares in Lundin Petroleum and acquisition of further direct interest in Johan Sverdrup field
Equinor has divested a 16% shareholding in Lundin for a direct interest of 2.6% in the Johan Sverdrup field and a cash consideration of approximately US$650 million.
PGNiG commences first drilling as operator in Norwegian Sea
The exploration well being drilled is in licence area PL838 (the Shrek prospect) on the Norwegian Continental Shelf.
Wood Mackenzie: M&A shake-up on the horizon for the Australian upstream sector
Wood Mackenzie senior analyst David Low discusses potential M&A activity in the Australian upstream sector over the next 12 months.
Siccar Point Energy awards FEED contract to Sembcorp Marine for Cambo field
The contract is for the design of a Sevan cylindrical floating production, storage and offloading (FPSO) unit.
Union Jack Oil says West Newton represents "significant oil and gas discovery"
Evaluation of the West Newton A-2 openhole data has identified an estimated gross hydrocarbon column of approximately 65 m in the Kirkham Abbey formation.