Guyana received US$4.9 million in oil royalties in 1Q20
The royalty payments came from oil production at the offshore Stabroek block.
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The royalty payments came from oil production at the offshore Stabroek block.
Gas extracted from the UK Continental Shelf has an average emission intensity of 22 kgCO2e/boe, whereas imported LNG has an average intensity of 59 kgCO2e/boe, according to data from the Oil and Gas Authority.
The Permian Basin has systematically increased its market share in nationwide horizontal oil drilling in the US, reaching 74% as of last week, according to analysis by Rystad Energy of Baker Hughes data.
The scope of the agreement extends, but is not limited, to offshore trunklines.
Oil prices rose this morning on indications that the global oil market is getting balanced soon, as supply cuts seem to meet the gradual demand rebound.
The agreement has been made with an unnamed company.
The company has agreed a contract with Stena Drilling for the provision of an offshore drilling rig, with drilling planned to commence between 15 December 2020 and 1 February 2021.
The Skogul field is located in the immediate vicinity of the Vilje field, in which PGNiG Upstream Norway has a 24.24% share.
The Rowan Norway mobile facility will be used for the plugging and abandonment of six wells in the Ekofisk field.
The Mako field's 2C (contingent) recoverable resource estimates have been increased to 495 billion ft3, an increase of approximately 79% compared with a 2019 audit.
Rebecca Wallace, Saudi Aramco, explores the digital technologies the company are deploying in the pursuit of sustainability, efficiency and safety.
Erik Bjørklund, Manager at Sulzer Chemtech in Asker, Norway, looks at how the latest innovation in demulsification technology can support existing upstream facilities.