Oil & Gas News

National Oil Corporation (NOC) and Eni announce that Mellitah Oil & Gas, Eni and NOC joint venture company (50/50), has started production from the first well of the offshore Bahr Essalam Phase 2 project. This comes just three years after the final investment decision. Two further wells will begin production within a week. An additional seven wells will come on-stream by October 2018.

Churchill Drilling Tools, a leading oilfield service company specializing in drilling innovation, has revealed that its flagship tool, the DAV MX™ CircSub, made a major contribution to a recent successful Managed Pressure Drilling (MPD) run in the North Sea.

Equinor and Barra Energia (“Barra”) have signed an agreement for Equinor to acquire Barra’s 10% interest in the BM-S-8 license in Brazil’s Santos basin. This transaction will enable Equinor and its partners to fully align interests across the two licenses for the Carcará area.

Subsea 7 has announced the award of a substantial (1) contract by Total E&P Angola for the engineering, procurement, installation and commissioning of the subsea flowlines and umbilicals for the Zinia Phase 2 project, 150 kilometers offshore Angola in water depths from 800 to 1,000 meters.

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) for the Snorre Expansion Project. Investments of just above NOK 19 billion (2017) will increase recovery from the Snorre field by almost 200 million barrels and extend the field life beyond 2040.

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