Upstream project news
Rystad Energy: oilfield service purchases set to lose US$340 billion until 2028
Rystad Energy is forecasting peak oil demand to arrive earlier and at a lower level than previously thought, leading to reduced E&P investments.
Woodside pre-empts FAR's Sangomar transaction with ONGC
FAR has a 13.67% interest in the Sangomar exploitation area.
Separo clinches water treatment contract with Neptune Energy
Separo will continue to provide water treatment services at the Cygnus Alpha gas production platform.
PGS resuming Campos Basin seismic survey in December
The survey will provide the first 3D seismic data over blocks offered in Brazil's 17th Bidding Round, now scheduled for October 2021.
ADNOC awards $519 million contract for expansion of world’s largest 3D seismic survey
The contract was awarded to BGP Inc., a subsidiary of China National Petroleum Company (CNPC).
Reconfiguration works at Wressle oilfield completed
To date, the storage tanks and inspection gantry have been installed at the Wressle oilfield in North Lincolnshire, UK, while work is advanced in respect of the electrical and control system installation.
First oil achieved at Sarta field
Genel Energy has announced first oil production from the Sarta field in Iraqi Kurdistan.
CGG and Magseis Fairfield complete North Sea's largest ever OBN survey
First images from the OBN Cornerstone 2020 multi-client survey are being made available in early 2021.
Keppel secures FPSO fabrication contract
The company has secured a contract from a repeat customer for the fabrication and integration work on a FPSO.
Shearwater awarded OBN 4D baseline survey by Petrobras
The survey will take place over the Jubarte field in the Campos Basin.