Upstream project news

The API has voiced concerns over new restrictions on offshore oil and gas development.

CNOOC has announced that Panyu 11-12 oilfield/Panyu 10-1 oilfield/Panyu 10-2 oilfield adjustment joint development project has commenced production.

Subsea7 has announced the award of a sizeable contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair and maintenance (IRM) services for the Sakarya gas field development in the Black Sea.

Baleine is the first net zero emission Upstream project (Scope 1 and 2) in Africa, made possible through the adoption of advanced technologies, which minimise the operations’ carbon footprint.

EnerMech secures extension for long-standing crane maintenance partnership in Australia.

The technology will provide flow rates and identify flow patterns, generating online and real-time data availability for control and monitoring of slug instabilities to increase efficiency and optimise production of wells.

The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.

Springfield Exploration and Production has successfully completed appraisal well test activity at the Afina oil and gas discovery, offshore Ghana.

Fulkrum, a leader in inspection, expediting, auditing, and technical staffing services, announces the launch of its new entity in Iraq. This significant milestone comes as Fulkrum secures a multi-million USD contract to provide surveillance services for a major Gas Hub development project in the region.

The 35% y/y surge in third-quarter production was driven by improved productivity and expanded takeaway capacity, led by flagship operator Yacimientos Petrolíferos Fiscales (YPF) and bolstered by local independent producers.