Upstream project news
Callon Petroleum to acquire Primexx's Delaware Basin assets
The cash and stock transaction is valued at approximately US$788 million.
Scarborough project cost estimate increases
The updated cost estimate for Woodside's Scarborough project is US$12 billion, approximately 5% higher than the previous cost estimate announced in November 2019.
Magseis Fairfield awarded OBN North Sea contract
The duration of the survey is approximately two months and will start in 3Q21.
IOG spuds Blythe development well in North Sea
Blythe is the second development well in IOG's Phase 1 North Sea project and is expected to take under three months to drill and complete.
FPSO chartered for fourth phase of Mero project
Petrobras, TotalEnergies, Shell, CNOOC and CNPC have taken the investment decision for the fourth phase of the Mero project (Libra block) in the Santos Basin.
Neptune Energy installs world’s longest ETH production pipeline in Norwegian North Sea
The 37 km electrically trace-heated pipe-in-pipe solution will transport oil from the Fenja field to the Njord A platform, operated by Equinor.
Eni makes find offshore Mexico
According to preliminary estimates the new find in the Cuenca Salina Sureste Basin may contain between 150 and 200 million boe in place.
CNOOC starts production from South China Sea oilfield
The Liuhua 21-2 oilfield is is expected to reach its peak production of approximately 15 070 bpd in 2023.
PTSC awarded contract for Gallaf offshore project
PetroVietnam Technical Services Corp. has been contracted to provide EPCIC services for the Gallaf Batch 3 Project, the next development phase of the Al-Shaheen oilfield located offshore Qatar.
TGS to carry out OBN seismic survey offshore Norway
The 437 km2 survey will be acquired in the NOAKA area, between Oseberg and Alvheim in the Norwegian North Sea.