Upstream project news
NPD awards 61 offshore exploration licences to 30 companies
30 companies, including Equinor, Wintershall Dea, Lundin Energy, and Neptune Energy, have received offers of ownership interests in a total of 61 production licences on the Norwegian Shelf.
Wood partners with Spirit Energy to extend Morecambe Bay gas field life
The five-year consolidated services contract will see Wood work to extend field life, lower costs, and reduce late life carbon intensity.
SIAD Macchine Impianti supplies booster compressor for FPSO
SIAD Macchine Impianti has designed and built a booster compressor for a FPSO operating in the offshore marine area of Foinaven, to the west of the Shetland Islands.
Apex International Energy announces oil discovery in Western Desert of Egypt
The discovery was achieved at the SEMZ-11X well located 10 km west of Zarif field, the nearest producing field.
Heirs Holdings acquires 45% of Nigerian onshore oil licence from Shell, Total and Eni
The transaction is one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion.
Union Jack Oil increases interest in Biscathorpe project
Following completion of the acquisition Union Jack will hold a 45% interest in the project.
Dana Petroleum cancels one-well contract with Maersk Drilling
The contract was first announced in Maersk Drilling’s May 2020 Fleet Status Report.
Equinor, YPF and Shell partner up in Argentina offshore block
Equinor and YPF will hold 35% equity in the CAN 100 block, located in the North Argentinian Basin, while Shell will hold the remaining 30%.
BW Energy increases interest in Kudu licence
The Kudu gas field offshore Namibia contains an estimated 1.3 trillion ft3 of gas.
IDS to carry out rig reporting and performance analytics for Stena Drilling
IDS will deploy its data driven TourNet Pro drilling contractor reporting service and drilling performance monitoring service, Anova DPM, across Stena Drilling’s fleet in 1Q21.