Upstream project news

Custos Energy has announced that Chevron Namibia Exploration Limited, an affiliate of Chevron Corp, has executed an agreement that provides for their entry in Petroleum Exploration License 82, with the assumption of an 80% working interest and operatorship

Chevron has announced today that its 50 % owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its wellhead pressure management project (WPMP) at the Tengiz oil field in Kazakhstan.

TAG Oil has announced that it has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 (T100) well location.

PBS has secured an extension to the general maintenance and operations contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets.

Dril-Quip and Innovex Downhole Solutions has announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction to create a unique energy industrial platform.

The company has started production from the Seagull oil and gas field in the UK North Sea, helping to boost energy supplies, and supporting the supply chain and jobs.

Eni has announced the signing of an agreement with Oando PLC for the sale of Nigerian Agip Oil Company Ltd, the wholly Eni-owned subsidiary focusing on onshore oil and gas exploration and production in Nigeria, as well as power generation.

Well intervention sale paves way for investment and expansion for rebranded WSG Energy Services.

The Jubilee field offshore Ghana has surpassed 100 000 bpd after a second well was brought upstream.

VTX has announced an acquisition of 12 000 acres in Delaware, US.