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Top News In Upstream Projects Today - Breaking & Trending Today

UK: Independent Oil and Gas announces start of Phase 1 Development Drilling Campaign

Independent Oil and Gas (IOG) has announced the spudding of the Elgood development well, 48/22c-H1. Elgood is the first of five planned development wells in IOG s Phase 1 project and is expected to take approx. three months to drill and complete, after which the rig will move on to Blythe in early Q3. ....

United Kingdom , Cromarty Firth , Hans Deul , Independent Oil , Noble Hans Deul , Blythe Hub , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , ஒன்றுபட்டது கிஂக்டம் , குரோமார்டி ஃபர்த் , ஹான்ஸ் டெயில் , சுயாதீனமான எண்ணெய் , உன்னத ஹான்ஸ் டெயில் , பலிதே மையம் , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு , ஆய்வு மற்றும் ப்ரொடக்ஶந் ,

Brazil: Petrobras signs Sepia and Atapu surplus Agreement

Brazil: Petrobras signs Sepia and Atapu surplus Agreement
12 Apr 2021
Petrobras has signed an Agreement with the Federal Government, which establishes the stakes in each contract and the amount of compensation to Petrobras in the event of a bid for the
Transfer of Rights´ surplus volumes in the fields of Sépia and Atapu.
The Transfer of Rights Agreement, signed in 2010 between Petrobras and the Federal Government, included the exercise of exploration and production activities in the areas of Sépia and Atapu, with production volumes limited to 500 million barrels of oil equivalent (boe) in Sépia and 550 million boe in Atapu. ....

Ministry Of Mines , Statutory Audit Committee , Minority Shareholder Committee , Federal Government , Rights Agreement , Production Sharing Regime , Production Sharing Agreements , Corporate Income Tax , Social Contribution , Net Income , Production Sharing , Coparticipation Agreement , Production Sharing Agreement , Petrobra Board , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , அமைச்சகம் ஆஃப் சுரங்கங்கள் ,

Oil and Gas deal value falls 88 per cent in 1Q21 to USD 3.4 billion

Enverus, the leading energy SaaS and data analytics company, has released its summary of 1Q21 U.S. upstream M&A activity. The report shows $3.4 billion in deal value was transacted during the quarter - an 88% decline from 4Q20. This is the third year in a row U.S. activity has started slow. ....

Kayne Anderson , Andrew Dittmar , Validus Energy , Grayson Mill Energy , Grenadier Energy Partners , Vine Energy , Doublepoint Energy , Pioneer Natural Resource , Eagle Ford , Permian Focused Doublepoint Energy , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , காய்நே ஆண்டர்சன் , ஆண்ட்ரூ டிட்‌மர் , கிரேசன் ஆலை ஆற்றல் , கிரெனேடியர் ஆற்றல் கூட்டாளர்கள் , கொடியின் ஆற்றல் ,

Saudi Arabia: Public Investment Fund (PIF) reaches major milestone in landmark Solar PV project

Saudi Arabia: Public Investment Fund (PIF) reaches major milestone in landmark Solar PV project
12 Apr 2021
Sudair Solar PV project is set to become one of the world’s largest Solar PV plants by capacity and Saudi Arabia’s largest. The project is considered a key achievement towards PIF’s commitment to develop 70% of Saudi Arabia’s renewable energy by 2030
With an investment value of approximately SAR 3.4 billion
and 1,500MW, Sudair Solar PV project
will be capable of powering 185,000 homes and offsetting nearly 2.9 million tons of emissions per year
ACWA Power – in which PIF holds a 50% stake – leads the consortium to develop the project alongside PIF portfolio company ....

Al Jawf , Saudi Arabia , Ar Riya , Abdulaziz Al Saud , Yasir Al Rumayyan , Mohammad Abunayyan , Governor Of The Public Investment Fund , Saudi Power Procurement Company , Public Investment Fund , Ministry Of Energy , Electricity Holding Company Badeel , Saudi Green Initiative , National Renewable Energy Program , Renewable Energy Sector , Sudair Solar , Electricity Holding Company , Sudair Industrial City , National Renewable Energy , Crown Prince , Deputy Prime Minister , Supreme Committee , Energy Mix Affairs , Electricity Production , Enabling Renewable Energy , Saudi Green , E Ampp News ,

Norway: Equinor given consent to use Heimdal beyond its original planned lifetime

Norway: Equinor given consent to use Heimdal beyond its original planned lifetime
12 Apr 2021
What does producing life extension involve?
New technology and operating methods as well as measures to improve oil and gas recovery mean that licensees often want to keep existing facilities working past their retirement date.
In many cases, continuing to use facilities beyond their design life makes socio-economic sense. But permitting such extensions at the expense of safety is not acceptable.
Heimdal
Heimdal is a field in the central part of the North Sea. The water depth in the area is 120 metres. Heimdal was discovered in 1972, and the plan for development and operation (PDO) was approved in 1981. The field was developed with an integrated drilling, production and accommodation facility with a steel jacket (HMP1). Production started in 1985. Heimdal is now mainly used as a gas processing centre for other tied-in fields. ....

Petroleum Safety Authority Norway , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , பெட்ரோலியம் பாதுகாப்பு அதிகாரம் நோர்வே , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு , ஆய்வு மற்றும் ப்ரொடக்ஶந் , ஆற்றல் பேதியா , நில அதிர்வு , புவியியல் மற்றும் புவி இயற்பியல் , மாற்று ஆற்றல் , கனமான எண்ணெய் , எண்ணெய் மற்றும் வாயு மின்தேக்கி , உரிமம் சுற்று , எண்ணெய் மற்றும் வாயு அமைச்சகம் , எண்ணெய் நிறுவனங்கள் ,