Iraq aims to ramp up oil and gas output
Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production.
Stay up to date with the latest news and updates from the oil industry.
Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production.
Seatrium has announced the successful delivery of its fourth jackup rig, named ‘Vali’, to Borr Drilling, about a year ahead of its planned delivery next year.
Shell Offshore, a subsidiary of Shell, has taken a final investment decision (FID) on a ‘waterflood’ project at its Vito asset in the US Gulf of Mexico.
Chevron has announced that it started oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico.
Impact Oil & Gas Ltd has announced that its wholly-owned subsidiary, Impact Africa Ltd, has entered into an agreement with Silver Wave Energy to acquire its entire interest (10%) in Area 2, offshore South Africa.
Pantheon Resources has announced that it has executed a rig contract to secure the use of the Nabors 105AC rig to drill the Megrez-1 well in Q424.
Arrow Energy, an incorporated joint venture between Shell (50%) and PetroChina (50%), has announced plans to develop Phase 2 of Arrow Energy’s Surat gas project in Queensland, Australia.
Miros has successfully supported the laying of a 109 km pipeline for the Northern Lights CO2 transport and storage (CCS) project.
Buru Energy has announced that it has executed a letter of intent with Silver City Drilling (SCD) for the provision of Rig 24 to conduct the planned two well drilling campaign in the onshore Canning Basin of Western Australia.
CNOOC has announced that Chinese governmental authorities have approved the proved gas in-place of Lingshui 36-1 gas field, which stands at over 100 billion m3. It is the first large-size ultra-shallow gas field in ultra-deep water in the world, which opens up a new area of exploration in deep waters.
Under this contract, SBM Offshore will construct and thereafter lease a Floating Storage and Offloading (FSO) unit to Woodside for a period of 20 years.
Raptor Data has announced that it has been awarded a contract from ConocoPhillips Company (ConocoPhillips) to manufacture and deploy a fleet of tools based on its acoustic telemetry technology, Pathfinder.