Upstream project news

The closing of the transaction marks Tullow’s exit from its licences in Uganda after 16 years of operations in the Lake Albert basin.

Equinor has awarded Norsea Group AS, Saga Fjordbase AS and ASCO Norge AS contracts for services at supply bases in Norway.

The total value of the three contracts for drilling and well services on the Bacalhau field in Brazil is estimated at US$455 million.

SNC-Lavalin has been awarded a 3-year framework contract to provide Consultancy Engineering Services.

Woodside Energy has said that the Scarborough Joint Venture intends to accept the offers for the grant of petroleum production licences.

The total combined duration of the two surveys, awarded by Petrobras, is estimated around eight months.

Saipem has received authorisation to proceed with the final phase of the Payara development project in Guyana from Esso Exploration and Production Guyana Ltd.

Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 to a subsidiary of Noble Corp.

The Liuhua 29-1 gas field, which recently completed commissioning, is located in the eastern South China Sea.

Ironbark-1 will test the giant Ironbark gas prospect, which has a best estimate of 15 trillion ft3 prospective recoverable gas resource.