The Abu Dhabi National Oil Company (ADNOC) has awarded BGP the world’s largest 3D transition zone seismic survey worth up to $519 million.
The Abu Dhabi National Oil Company (ADNOC) has awarded BGP the world’s largest 3D transition zone seismic survey worth up to $519 million. The survey will capture 3D images of the subsurface at ultradeep locations. The terrain comprises coastal areas, islands, and shallow water.
Shell has become operating partner of the Col-5, Purple Angel and Fuerte Sur exploration and production contracts in the deep waters of the Colombian Caribbean, with a 50% interest in each contract held by the Colombian state-owned Ecopetrol
Exxon Mobil will write down as much as $20 million of its upstream assets in its forthcoming fourth quarter results, which are expected to show a fourth consecutive quarterly loss. However, it said that higher oil and gas prices had boosted upstream income by $1 billion compared to the third quarter.
Eni has struck a deal with the International Cooperation Center of the National Development and Reform Commission (ICC-NDRC) to promote collaboration with Chinese energy players, share knowledge and best practices, assess energy policies and market regulations, identify areas of mutual interest, and develop relationships with Chinese institutions.
Norway’s production figures for November 2020 show an average daily production of 2,026,000 barrels of oil, NGL and condensate. Average daily liquids production was 1,725 000 barrels of oil, 290,000 barrels of NGL and 12,000 barrels of condensate. Oil production in November is equal to the NPD’s forecast.
Operator Aker BP and partners Equinor, Wintershall Dea and PGNiG have decided to develop the Gråsel discovery in the Norwegian Sea in 2021.
Equinor and its licence partners have decided to invest $335 million in the North Sea Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent.
