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JANUARY 26, 2021

Energean Power Fpso Admiralty Yard Singapore

Energean addressing Karish FPSO yard issue

First gas from the Karish field offshore Israel could be delayed if COVID-19 restrictions continue to slow construction progress.

Van Gogh floater on track for production re-start

Santos expects the FPSO Ningaloo Vision, serving Van Gogh and other associated oil fields offshore Western Australia, to be back on station in the current quarter, following work at a shipyard in Singapore.

Shell joins Equinor, YPF in offshore Argentina block

Equinor and YPF have entered into an agreement with Shell to jointly farm-down 30% non-operated interests in the CAN 100 block in the North Argentinian basin, offshore Argentina.

North Sea Grieg area boosts Lundin’s reserves

Lundin Energy has updated its estimates for its 2P and 3P net resources.

PTTEP to manage Myanmar power development

PTT Exploration and Production Public Co. will advance Myanmar’s Integrated Domestic Gas to Power project after securing an exclusive development right from the government.

UK, Norway offer lowest breakevens for offshore projects

Rystad Energy expects offshore project sanctioning to recover this year and reach at least $56 billion in 2021, then climb potentially to $131 billion in 2023.

Mubadala joining Shell in Red Sea exploration

Egypt’s Minister of Petroleum and Mineral Resources has signed a concession agreement with Mubadala Petroleum for oil and gas exploration activities in Red Sea block 4.

Norwegian E&P companies outline latest license awards

The Norwegian Ministry of Petroleum and Energy has awarded 30 companies interests in 61 production licenses, under Norway’s Awards in Predefined Areas 2020 license round.

BHP progressing Trion survey offshore Mexico

BHP’s current ocean bottom node seismic acquisition campaign over the Trion field offshore Mexico should be completed during the current quarter, the company revealed in its latest review.

Woodside launches new drilling campaign offshore Myanmar

Woodside Energy has started a three-well exploration drilling campaign offshore Myanmar.

Scarborough gas project driving Woodside LNG deal

Woodside and Uniper Global Commodities have agreed to amend a sale and purchase agreement negotiated in 2019 to double the supply of LNG provided by Woodside.

PGS to reprocess offshore Uruguay 2D seismic data

PGS has signed an agreement with Uruguay’s state oil company ANCAP to reprocess more than 11,000 km (6,835 mi) of existing 2D lines of various vintages.

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