Upstream project news
Wood Mackenzie comments on Shell's decision to develop PowerNap deepwater project
The decision reflects a broader trend of majors embracing subsea tie-backs that offer quicker paths to first oil and attractive returns, according to Wood Mackenzie.
Trendsetter Vulcan Offshore deploys wellhead fatigue mitigation system offshore New Zealand
The system alleviates the impact of modern, large blowout preventers (BOPs) on legacy wellheads by arresting the motion of the BOP stack via four tethers, which are anchored to the seabed.
Churchill darts help improve North Sea operator's wellhead base jetting operations
The DAV MX™ CircSub was deployed in order to avoid the cost of a dedicated jetting assembly run.
National Energy Services Reunited Corp. awarded multiple contracts in Saudi Arabia
The contracts are for coiled and N2, stimulation services and cementing services for a period of 5 years with possible extensions of up to 2 years.
Ecopetrol and Occidental to develop acreage in Midland Basin
The JV enables Ecopetrol to book approximately 160 million boe of proved undeveloped reserves at transaction closing.
Halliburton to undertake well construction and completions services for Libra development in Brazil
The two-year and six month contract will see Halliburton provide drilling and completion services for Petrobras.
BP and Eni sign Oman exploration and production agreement
The agreement covers Block 77 in central Oman, with each company holding a 50% interest.
Shell to go ahead with PowerNap subsea tie-back in Gulf of Mexico
The project is expected to start production in late 2021 and produce up to 35 000 boe/d at peak rates.
Shell's Appomattox first high temperature project to gain BSEE approval
The permitting work for the Appomattox project, which saw first oil in May 2019, helped define and clarify the safety requirements in BSEE’s recently published high pressure and high temperature related guidance documents.
NPCC and Petrofac JV awarded offshore contract by Al Yasat Petroleum
The scope of work includes the submission of a FEED package and proposal for the engineering, procurement, construction and installation (EPCI) for the Belbazem Block Development Project, located offshore Abu Dhabi, UAE.