Upstream project news
Highlands Natural Resources plc: Colorado Shale - East Denver project update
Highlands has announced that its operating partner has successfully concluded completion operations for the six new wells at the East Denver Project and flowback has commenced from three of those six.
GlobalData: Russia has highest capex on crude and natural gas projects in Former Soviet Union over next seven years, says
Russia accounts for more than 90% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the Former Soviet Union (FSU) over the period 2018 - 2025, according to GlobalData.
GlobalData: Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa over next seven years
Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData.
GlobalData: Indonesia has highest capex on crude and natural gas projects in Southeast Asia over next seven years
Soorya Tejomoortula, oil and gas analyst at GlobalData, comments on planned and announced crude and natural gas projects in Indonesia over the period 2018–2025.
OMV and ADNOC signed upstream concession agreement for a 5% stake in a mega project offshore UAE
The concession is located offshore Abu Dhabi and consists of three major gas and condensate development projects Hail, Ghasha and Dalma as well as other offshore oil, gas and condensate fields including Nasr, SARB and Mubarraz.
BP announces sanction of gas projects in Trinidad
BP Trinidad and Tobago has announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and Matapal.
Western Gas selects McDermott and BHGE as development partner for Equus Gas Project
The companies have signed a memorandum of understanding with Western Gas Corporation Pty Ltd to be the exclusive development partners for the Equus Gas Project in Western Australia.
ExxonMobil makes FID to develop West Barracouta gas project
The project, located in the VIC/L1 block offshore Victoria, is part of the company’s continuing investment in the Gippsland Basin.
Shearwater GeoServices awarded projects equivalent to 8 vessel months in the Arabian Sea
Eni Oman BV in partnership with Oman Oil Company Exploration and Production has awarded Shearwater GeoServices a seismic survey in Block 52, offshore Oman.
EM&I New Zealand project approved
EM&I – the international asset integrity specialists – recently received a ‘thumbs up’ from a major Norwegian client with an FPSO in New Zealand.