Industry News

Shell Offshore announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the US Gulf of Mexico.The development concept for Phase 3 Silvertip includes two wells tied into existing subsea infrastructure. These wells are expected to collectively produce up […]

Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire signed contracts for the acquisition of four new exploration blocks in the country’s offshore. Under the agreements, Eni will be able to explore the area for up to 9 years.The blocks CI-504, CI-526, CI-706 and CI-708 cover a total area of about 5,720

Saipem and partner PT Meindo Elang Indah were awarded an offshore EPCI contract by BP. The contract is part of an integrated project known as Tangguh UCC Project comprising Ubadari field development, enhanced gas recovery through carbon capture, utilization and storage (EGR/CCUS) and onshore compression operated by BP and located in Papua Barat Province, Indonesia.

SLB launched Stream high-speed intelligent telemetry that is designed to overcome the bottlenecks and limitations of conventional mud pulse telemetry. Stream combines AI algorithms with SLB’s TruLink survey-while-drilling service. This provides uninterrupted, high-speed, high-fidelity real-time subsurface measurements with no data limitations, regardless of depth, in even the most challenging conditions.“For complex well profiles, transmission has

Trillion Energy provided an update on the velocity string installation program at the SASB gas field in the Southwestern Black Sea. Currently, 2-3/8” production tubing (velocity string or VS) is being run into the Guluc-2 well. The VS are being installed with the objective of reducing water loading issues in the SASB gas wells.On 27

Panoro Energy’s C-45 infill well has been put onstream by the Block G operator, Trident Energy, at an initial gross rate in excess of 5,000 bopd on a restricted choke.This is the first of two planned infill wells at the producing Ceiba Field and Okume Complex and was drilled with the Noble Venturer drill ship

TotalEnergies’ Harald East Middle Jurassic nearby exploration well (HEMJ-1X) discovered additional gas condensate resources in the Harald field, in the Danish North Sea.Located in shallow waters 250 km off the west coast of Denmark, the HEMJ-1X well was drilled in the Eastern part of Harald field and encountered 48 meters of net gas condensate pay

Vår Energi and Kistos Energy reached the final investment decision for the Balder Phase V project in the Balder area of Norway.The project will develop 33 million barrels of oil equivalent (mmboe) of gross proved plus probable (2P) reserves for capital spend of $690 million gross. Drilling will commence in the first half of 2025

Perenco Colombia drilled three new development wells on the Paravare and Chaparrito fields on the plains of Casanare, onshore Colombia.On the Paravare field, which already contained two wells, the objective of the campaign was to increase production. A third well, PRV-03, was successfully drilled and continues to be optimized.Following the installation of an electro submersible

The first jackup built in Kazakhstan will start drilling operations in the Cheleken – Turkmenian sector of the Caspian Sea.After modification in 2021, the rig’s lifting capacity increased from 453 to 680 tons, which gives new opportunities for larger projects. The rig, named the Satti, is designed to drill wells up to 6,000 m deep.A

Patrick Pouyanné, Chairman and CEO of TotalEnergies, met with His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, CEO of Staatsolie Maatschappij Suriname N.V., Suriname’s National Oil Company, to announce the Final Investment Decision (FID) for the GranMorgu development located on offshore Block 58.The GranMorgu project will develop the 2023 Sapakara

The latest Criterium Energy operational update includes optimization and drilling activities. Highlights of the program include the completion of 11 of 15 workovers, including two in March, five in June, and four in August. The next tranche is expected to be undertaken in Q4 2024.The workover program in August 2024 and completion of pump maintenance