Upstream FIDs to increase in 2024, with focus on deepwater resources
Up to 30 upstream projects larger than 50 million boe could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.
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Up to 30 upstream projects larger than 50 million boe could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.
The company has announced the award of a contract by Woodside Energy to provide subsea installation services for the Trion development.
Wellvene has signed an agreement with integrated completions provider Marwell AS to bolster its significant growth in Norway and bring new products to the region’s growing well intervention market.
Perenco UK has announced a decommissioning milestone with the successful completion of the plug & abandonment of three subsea wells at the Gawain field in the UK Southern North Sea, including the removal of the associated subsea infrastructure.
Liberty Petroleum has been awarded two offshore exploration blocks in Australia’s Gippsland basin.
The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in Abidjan to discuss Eni’s activities in the country, including the successful results of the exploration well Murene 1X on the discovery named Calao.
BW Energy has announced that production has safely started from the DHBSM-1H well in the Hibiscus South field on the Dussafu Licence offshore Gabon five months after the initial discovery was made in November 2023.
Viaro Energy has announce that it has received regulatory approval from the North Sea Transition Authority (NSTA) for the assignment in the Bressay oil field licence, following the recently completed acquisition agreement with EnQuest.
Challenger Energy has announced that it and its wholly-owned Uruguayan subsidiary, CEG Uruguay SA have entered into a farm-out agreement with Chevron Uruguay Exploration Limited , a wholly-owned subsidiary of Chevron Corporation related to a 60% interest in the AREA OFF-1 block, offshore Uruguay.
Prime Minister Shri Narendra Modi flagged off the ‘first crude oil’ tanker ‘Swarna Sindhu’ from ONGC’s Krishna Godavari deepwater block. At its peak production, this project will add 7% each to India’s oil and gas production.
Floatel International has announced that the Group has secured an optional contract with Equinor for providing accommodation and support services at Oseberg Field Centre.
Wintershall Dea and its partners, Petoro, Aker BP, and PGNIG, have successfully completed an appraisal well on the Adriana gas and condensate discovery in the Norwegian Sea. They are now evaluating potential development options.