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Upstream

Breidablikk Coming On Stream Ahead Of Schedule

Production from the Breidablikk field in the North Sea started on 20 October, four months ahead of schedule and within budget. Tied back to the Grane platform, the subsea field holds almost 200 million barrels of recoverable oil. The partners are Equinor (operator), Petoro, Vår Energi and ConocoPhillips. “Breidablikk will come on stream four months […]

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Touchstone Reports Oil Production From Cascadura Field Update Onshore T&T

Touchstone Exploration Inc has provided an update regarding natural gas and liquids production volumes from the recently commissioned Cascadura facility. Touchstone has an 80 percent operating working interest in the Cascadura field, which is located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Heritage Petroleum Company Limited holds the remaining 20 […]

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BW Energy Controls Major Stake In Golfinho Oilfield, Becomes Operator Offshore Brazil

BW Energy has completed the acquisition of the Golfinho and Camarupim Clusters from Petrobras and assumed ownership and operatorship of approximately 10,000 barrels of daily oil production, several proven low risk in-field development opportunities with short lead times and substantial potential long-term upside from proven gas accumulations.  After completion, BW Energy holds 100% working interest […]

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Equinor Makes New Discovery In The North Sea

Neptune Energy has confirmed the media releases from its partner, Equinor, on the successful oil and gas discovery near the Fram field in the Norwegian sector of the North Sea. Neptune holds a 15 per cent share in the discovery, which is situated within the Equinor-operated Fram licence area.  “We congratulate Equinor for their safe […]

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TotalEnergies Consolidates Gas Supply To Ichthys LNG In Australia

TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26% interest in the permit in line with its equity in […]

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Fifteen Years After ALVHEIM FPSO Is Still Afloat

The Alvheim field is one of the most successful developments on the Norwegian continental shelf. When PDO was submitted to the Government in 2004, the reserves estimate was 171 million barrels of oil equivalents. Production from the Alvheim field exceeded this volume in early 2014. Today, the amount produced from the Alvheim area in total […]

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Arrow Commences Completion On CN 1 Discovery In Colombia

Arrow Exploration today provides an update on the Carrizales Norte-1 well (CN‑1), an exploration well on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 per cent beneficial interest. CN-1 The Company has commenced completion operations at CN-1 and Management expects to proceed with putting the C7A and C7 zones […]

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TotalEnergies Divest 50% Stake In Surmont Oil Sands Asset To ConocoPhillips

In connection with the sale by TotalEnergies to Suncor Energy Inc. of the entirety of the shares of TotalEnergies EP Canada Ltd announced on April 27, 2023, ConocoPhillips has notified on May 26, 2023 TotalEnergies that it is exercising its preemption right to purchase the 50% interest in the Surmont asset held by TotalEnergies EP […]

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Tenaris Wins Multi- Million Contract For Drilling Operations In Norwegian Continental Shelf

Neptune Energy has disclo the award of a +$100 million contract to Tenaris to provide equipment and services to support drilling activities on the Norwegian Continental Shelf. The contract covers the manufacture, transport, handling and repair of a broad range of casing materials used in offshore drilling activities. Initially this will include support for one […]

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Equinors Njord Field Is Back Onstream For Next 20 More Offshore Norway

The Njord field in the Norwegian Sea has been officially opened by the minister of petroleum and energy, Terje Aasland. The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades and are now ready for doubling the field life – and more than doubling production. “With the war in Ukraine, the […]

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