News - Upstream

Pentanova signs farmout agreement with Panacol on Colombian gas asset

PentaNova Energy has signed a farm out agreement with Panacol Oil & Gas, a subsidiary of LATAM Oil & Gas for the SN-9 gas asset in Colombia.

Chevron extends WorleyParsons’s contract in Western Australia

WorleyParsons has secured a two-year contract extension from Chevron Australia to deliver brownfield engineering services for the latter’s Western Australian assets, which include the Gorgon and Wheatstone liquefied natural gas (LNG) assets and the Barrow and Thevenard Islands oil assets.

Chiyoda, Synergy secure pre-FEED contract for Abadi LNG project

A consortium consisting of Chiyoda’s subsidiary Chiyoda International Indonesia (CII) and Synergy has secured a pre- front-end engineering and design (FEED) contract for the Abadi liquefied natural gas (LNG) Project in Indonesia.

DEA wins rights for two licenses in the Barents Sea

DEA has bagged rights for two new licenses in the Barents Sea from the Norwegian Ministry of Petroleum and Energy during the 24th licensing round.

Equinor and Microsoft team up for cloud services in Norway

Equinor and Microsoft have entered into a strategic partnership agreement for cloud services from new data centers in Norway.

Norway’s Equinor awards $3.6bn worth of drilling and well service contracts

Norwegian firm Equinor has awarded a service contracts to provide integrated drilling and well services for most of the Equinor-operated fields on the Norwegian continental shelf.

Royal Dutch Shell divests $1.3bn worth of oil and gas assets in Norway, Malaysia

Royal Dutch Shell has announced the sale of oil and gas assets in Norway and Malaysia for a total of more than $1.3bn.

INA to acquire Eni’s interest in Croatian offshore gas fields

MOL Group’s Croatian INA has signed an agreement to acquire Eni Croatia BV, a wholly-owned subsidiary of Italian firm Eni, for undisclosed sum.

ExxonMobil, Hess report eighth oil discovery at Guyana’s Stabroek Block

ExxonMobil and Hess said that they have found more oil reserves in the Stabroek Block following the drilling of the Longtail-1 well, to mark their eighth oil discovery in the offshore Guyanese concession.