Var Energi extending life of Balder area in North Sea
The Balder Future project is aiming to extend the life of the area to 2045.
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The Balder Future project is aiming to extend the life of the area to 2045.
The suspension will last for up to 12 months.
The acts of sabotage took place at Ecopetrol’s La Cira-Infantas oilfield, near the city of Barrancabermeja, which produces around 35 000 bpd.
Stuart Kinnear, Interface Fluidics, reveals how venture capital firm Phaze Ventures worked with Interface Fluidics, a technology-enabled oil and gas lab service company, to bring new oil optimisation solutions to market.
Wells 34/4-15 S and 34/4-15 A in production licence 882 will be drilled from the Deepsea Yantai drilling facility.
Gabon’s Directorate General of Hydrocarbons and PGS have expanded the Gabon MegaSurvey coverage, significantly increasing access to 3D seismic over the 35 blocks on offer as part of the country's offshore licensing round.
The company will provide its continuous environmental compliance and drilling performance management services on both projects.
Global spending is forecasted to reach US$383 billion this year, the lowest level in 15 years and a 29% decrease of US$156 billion compared to 2019.
The MoU covers cooperation opportunities in E&P, LNG, downstream and infrastructure, and circular economy and low-carbon energy projects.
The Qinhuangdao 33-1S oilfield phase I project is expected to reach its peak production of approximately 6000 bpd of crude oil in 2021.
ConocoPhillips Australia now holds an 80% interest in T/49P in the offshore Otway Basin.
Equinor is the operator of the Krafla licence and Aker BP is the operator of the North of Alvheim and Fulla licences.