News - Upstream

Total to sell 4% stake in Ichthys LNG project to Inpex for $1.6bn

Total has agreed to sell a stake of 4% in the Ichthys liquefied natural gas project (Ichthys LNG project) in Australia to operating partner Inpex for $1.6bn.

Sercel secures contract for large onshore 3D seismic survey in Middle East

CGG announced that Sercel has secured a contract from a major data acquisition company to supply land seismic equipment for a large onshore 3D seismic survey in the Middle East.

Suncor Energy unveils upstream investment plans for 2019

Suncor Energy, a Canadian integrated energy, will invest C$4.9-5.6bn ($3.66-4.18bn) in 2019 to target an average upstream production of 780,000 to 820,000 barrels of oil equivalent per day (boe/d).

AFGlobal and MHWirth sign distribution agreement

AFGlobal and MHWirth have entered into a distribution agreement to offer the managed pressure drilling market with a comprehensive package for deep water rig systems.

UK OGA approves Chevron’s FDP of Captain EOR project in North Sea

Chevron has secured approval from the UK Oil and Gas Authority (OGA) for its field development plan (FDP) of Stage 1 of the Captain Enhanced Oil Recovery project (Captain EOR project) in the UK Central North Sea.

ExxonMobil makes FID on West Barracouta gas project offshore Australia

ExxonMobil has made a final investment decision (FID) on the West Barracouta gas project in the VIC/L1 block in the Gippsland Basin located offshore Victoria, Australia.

Total wins hydrocarbon rights for two new offshore blocks in Mauritania

Total has bagged exploration and production contracts for the C15 and C31 blocks located offshore Mauritania from the country’s Ministry of Petroleum, Energy and Mines.

USWS wins electric frac contract from Apache

U.S. Well Services (USWS), a provider of hydraulic fracturing services, has signed an electric frac fleet contract with Apache.

ADES wins seven-year contract in Saudi Arabia

ADES International Holding , an oil and gas drilling and production services provider in the Middle East and North Africa (MENA), announced that it has renewed an existing contract for Admarine 657.