
Wressle on course for first oil by end of January 2021
Operations to recomplete and reperforate the well at the Wressle oilfield site in North Lincolnshire, UK, have commenced.
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Operations to recomplete and reperforate the well at the Wressle oilfield site in North Lincolnshire, UK, have commenced.

Neptune Energy Norge has extended the contract for the Deepsea Yantai rig with an additional two wells in the Dugong area.

The field is located in onshore Concession Area B of the Sharjah Emirate.

The first cargo of crude oil from the Oryx Concession in Chad arrived in Taiwan at the Dalin Refinery earlier this month.

Over the last year, Zenith has acquired assets in Tunisia and in the Republic of the Congo.

Perseverance #1 is targeting P50 prospective oil resources of 0.77 billion bbl, with an upside of 1.44 billion bbl.

The agreement is for the supply of between 2000 and 4000 bpd from the Ohaji South Field in Nigeria.

Shell has said it will write down the value of oil and gas assets by US$3.5 billion to US$4.5 billion.

Gas production has started at the R Cluster, the ultra-deepwater gas field off the east coast of India being developed by Reliance Industries and BP.

The deal is expected to provide the catalyst for future international expansion in the Middle East and, in particular, Saudi Arabia.

The project will add almost 200 million bbl of recoverable oil reserves and help extend the productive life of the Snorre field through to 2040.

Denmark has cancelled its latest licensing round and put an end date of 2050 on all oil and gas exploration and extraction in the North Sea.