Fossil Energy

Petronas awards acreage offshore Malaysia to Shell-led trio
Malaysian energy giant Petronas has awarded Block SK437 offshore Sarawak to Petronas Carigali, Shell, and Petroleum Sarawak Berhad (Petros).

BW working to tie in Gabon wells for first oil later this year
BW Energy has completed the final horizontal production well in Gabon and is now working to tie in two wells for the first oil production.

Hurricane Energy restarts production at Lancaster following FPSO maintenance
UK oil and gas company Hurricane Energy has resumed production operations from its Lancaster field following an annual maintenance shutdown on the Aoka Mizu FPSO.

Santos: Production from first Phase 3C well at Bayu-Undan ‘better than anticipated’
Australia’s Santos has started production from the Phase 3C infill drilling program at the Bayu-Undan field with the company reporting a better than anticipated outcome from the first well.

SBM Offshore and Petrobras ink contract for Brazil’s largest oil production unit
Dutch floater provider SBM Offshore has signed contracts with Petrobras for the 26.25 years lease and operation of FPSO Almirante Tamandaré.

Eni’s request to stop Sankofa revenues freeze denied amid ongoing unitisation dispute with Springfield
Eni’s attempt to suspend the execution of a recent court ruling in Ghana has been dismissed in a case brought on by Springfield.

Indonesia set for massive offshore decommissioning push
Indonesian upstream regulator SKK Migas will conduct a decommissioning program for seven platforms no longer used to support upstream oil and gas operations.

Petrobras renews drillship contract in Brazil
Brazilian contractor Etesco has been awarded a contract extension for a drillship with the state-owned Petrobras for operations off Brazil.

BP fined by regulator in UK over licence breach
The OGA has fined BP and served it with a sanction notice for breaching a licence condition by failing to report on two extended well tests.

Longboat says Equinor gearing up for a spud as exploration activity in Norway picks up
Equinor will start drilling a well off Norway in late August. This is the first of seven wells planned to be drilled by Longboat following three farm-in deals.

Shell gives green light for Whale development in Gulf of Mexico
Shell Offshore, a subsidiary of oil major Royal Dutch Shell, has made a final investment decision (FID) for Whale, a deep-water development in the U.S. Gulf of Mexico.

Talos brings Tornado well online while Beacon works to tie back new oil find
Talos Energy has started production from its Tornado Attic well while its partner Beacon has struck oil in the Crown and Anchor sidetrack.

Seadrill hammers out plan to cut debt by $5 billion and raise $350 million
Seadrill Limited has hammered out a reorganization plan with its consenting lenders, which will allow it to emerge from Chapter 11.

U.S. makes the first step towards decommissioning of oil & gas assets off California
The U.S. government has made the first step in the review process for decommissioning oil and gas infrastructure off the coast of California.