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Petrofac will provide all project manpower to enable the execution of plug and abandonment operations on two of PTTEP’s remaining subsea wells in the Vulcan Basin, located in North West Australia.
The agreement provides LLOG access to Eni and Marubeni Oil & Gas (USA) LLC’s existing subsea infrastructure connected to the Williams-owned Devils Tower Spar in Mississippi Canyon 773 to optimise its development of the Taggart discovery.
GoSubsea aims to deploy US$2.5 million worth of assets to fulfill its customers’ individual requirements over the coming years.
Equinor is divesting its interests in the Bakken field to Grayson Mill Energy.
ADNOC has awarded the exploration rights for Abu Dhabi’s Offshore Block 4 to Cosmo E&P Albahriya Limited.
Sypris will provide specialty, high-pressure Tube Turns D-bolt closures that are rated up to 4885 psi for the Anchor Field development project in the Gulf of Mexico.
The well will be drilled about 10 km southwest of the 7220/8-1 discovery well on the Johan Castberg field.
Petrobras has completed the sale of its 30% participation in the Frade field, located in the Campos Basin, to PetroRio Jaguar Petróleo Ltda.
Following the completion of drilling of its Perseverance #1 well in The Bahamas the company has announced that commercial volumes of oil have not been proven.
The drillship Maersk Viking has been contracted to drill one exploration well in Block 6-1 offshore the Republic of Korea later this year.
As Dana’s data analytics partner, OPEX will be applying its X-PAS analytics platform across the firm’s Triton and Western Isles FPSO assets.
Oil prices rose on Friday, supported by Saudi Aramco’s selling prices and an overall market confidence that storage draws and tight OPEC+ supply inspire. But a correction may soon be due.