Maha Energy announced the initial and preliminary results from the production test on Block 70 in the Sultanate of Oman. The tests were performed on the “Alpha pad” on wells (i) Mafraq-9, (ii) Mafraq-7, (iii) Mafraq-10 and (iv) Mafraq-8. Mafraq-9 well, the first well connected to the production test facilities, flowed at a […]
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India will not breach Western sanctions on Russia, including the price cap of $60 imposed on purchases of oil from Moscow, according to people familiar with the matter. Government authorities have asked banks and traders to adhere to the rules, the people said, declining to be identified as the information isn’t public. Indian officials […]
Maha Energy has begun production testing on Block 70, in the Sultanate of Oman. The production test will include all eight new production wells drilled in the 2022/2023 drilling program. The production test will start with the Mafraq-9 well. Biweekly, a new well will be added to the test until all new wells are […]
(WO) – PGS has signed a 3D exploration acquisition contract for work offshore Namibia. Ramform Titan is mobilizing for the survey and acquisition is expected to complete in late May 2023. “We are very pleased with this contract award, as it follows nicely after the previous project and secures visibility for the vessel into the […]
(Bloomberg) – The United Arab Emirates has no plans to leave the OPEC oil alliance, according to officials speaking on condition of anonymity. The Wall Street Journal reported earlier that a growing rift with Saudi Arabia means the UAE is having internal discussions about quitting the producer group, a move that could potentially leave it […]
(WO) – TotalEnergies has signed an agreement with CEPSA to acquire CEPSA’s upstream assets in the United Arab Emirates. Upstream acquisition details TotalEnergies acquired a 20% participating interest in the Satah Al Razboot (SARB), Umm Lulu, Bin Nasher and Al Bateel (SARB and Umm Lulu) offshore concession. The SARB and Umm Lulu concession includes two […]
(WO) — Africa-focused independent exploration company, Impact Oil & Gas, has launched a multi-well drilling program offshore Namibia to assess the hydrocarbon reserves available in TotalEnergies’ large-scale Venus discovery, as well as their flow potential into adjacent blocks. Impact Oil & Gas owns an 18.89% stake in Block 2913B – which comprises the Venus discovery […]
(WO) — TechnipFMC has been awarded a significant contract to supply flexible pipe and associated hardware for the first subsea life extension project by TotalEnergies EP Angola and its Block 17 Partners in West Africa. According to a brief statement, the contract is worth between $75 million and $250 million. The contract covers the engineering, […]
(WO) — Perenco has reached Final Investment Decision (FID) for the construction of a Liquefied Natural Gas (LNG) production unit at the Cap Lopez oil Terminal in Gabon. The news follows the official presentation of the project in Libreville to the Minister of Oil and Gas, and the subsequent technical approval by the Gabonese authorities […]
(WO) — C-Kore’s Subsea Testing tools have successfully completed a complex subsea electrical integrity campaign for a major oil operator in Nigeria, via VAYCO Oil Tools and their Nigerian partner, Cranium Engineering. C-Kore was selected as fast and accurate measurement was essential to minimize disruption during Turn Around Maintenance (TAM) on the FPSO and remove […]