Upstream Archives - NS Energy

18 May 22

The offshore field, which is expected to begin production in 2025, will be developed by drilling three production…

Chevron, TotalEnergies sanction $1.6bn Ballymore project in US Gulf of Mexico

Wildcat Petroleum – Reconnaissance Permit Agreement obtained for 20 blocks off-shore Sierra Leone

10 May 22

The Company will carry out a desktop study using geophysical and geological data already acquired in the offshore…

ExxonMobil to sell Romanian upstream affiliate to Romgaz for $1bn

04 May 22

The deal gives Romgaz a 50% stake in the XIX Neptun gas block located in the Black Sea

Petrobras begins production from FPSO Guanabara in Mero field

03 May 22

Guanabara can process up to 180,000 barrels of oil per day and 12 million m3 of gas per…

Petro Rio to acquire Petrobras’ stake in Albacora Leste field for $2.2bn

29 Apr 22

The company will invest around $150m in the associated P-50 FPSO to boost safety and operational efficiency and…

Bay du Nord Development Project

The Bay du Nord project involves the development of the deepwater Bay du Nord and Baccalieu oil discovery…

Murphy Oil draws first oil at King’s Quay FPS in US Gulf of Mexico

13 Apr 22

The King’s Quay FPS will produce from the Khaleesi, Mormont, and Samurai fields; the production system has a…

Canada approves Equinor’s Bay du Nord oil project in Flemish Pass

07 Apr 22

As per a decision statement issued by the Canadian government, Equinor has to comply with 137 legally-binding conditions…

Shell begins production from Colibri gas field, offshore T&T

01 Apr 22

Colibri is a backfill project, that is tied back to the existing Poinsettia platform in the North Coast…

Herschel Expansion Project

The Herschel Expansion project is a phased subsea tieback development of three deepwater oil wells in the Gulf…