Upstream project news
IOG starts North Sea drilling campaign
The company has spudded the Elgood development well, 48/22c-H1, located in the UK North Sea.
Shearwater GeoServices awarded 3D seismic survey in Vietnam
The two-and-a-half-month project will commence in April 2021 and will be conducted by the SW Vespucci.
Equinor receives permit to drill in production licence 090
The wildcat wells will be drilled about 10 km west of the Fram field.
Penspen to carry out onshore well development for Galfar Emirates
Penspen has been chosen to provide the procurement and construction of flowlines and wellhead installations for 51 wells in ADNOC Onshore’s oilfields at Shah, Qusahwira and Mender in Abu Dhabi, UAE.
Final agreements for Lake Albert project signed
The Lake Albert development encompasses the Tilenga and Kingfisher upstream oil projects in Uganda and the construction of the East African Crude Oil Pipeline (EACOP) in Uganda and Tanzania.
Shell contracts Velesto rig for Malaysia campaign
The contract is for Velesto’s jack-up rig NAGA 4 to drill seven firm wells, with an estimated contract value of US$17.68 million.
ION to carry out 3D multi-client programmes offshore Kenya
The agreement includes both 3D new acquisition offshore the Lamu Basin and reimaging vintage data offshore Kenya.
Rig trial of integration of MPD and automated well control technology completed
A series of tests were successfully performed on a Weatherford test rig in Houston, US, to demonstrate and verify the integration and functionality of the managed pressure drilling and automated well control technology.
US oil and gas deal value fell 88% in 1Q21, according to report
Enverus' summary of 1Q21 US upstream M&A activity shows US$3.4 billion in deal value was transacted during the quarter – an 88% decline from 4Q20.
Magseis Fairfield awarded OBN survey in Gulf of Mexico
The duration of the survey is approximately four months and will be executed in 2021 using the company's ZXPLR deepwater ocean bottom node technology.