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CNOOC Limited’s Nanbao 35-2 oil field S1 area offshore China in the central Bohai bay began production. The oil field, fully owned by CNOOC Limited, has an average water depth of 17 m.

Pharos Energy, an independent E&P company, received approval from the Prime Minister of Vietnam for its Te Giac Trang (TGT) full-field development plan (FFDP), enabling the company to begin drilling six new producer wells in Q4 2021.

Petrobras completed a drillstem test (DST) in the Júpiter Discovery Assessment Plan, located in the Santos Basin pre-salt carbonate reservoir.

The sale of Chevron’s interest in the IDD project is part of its cost-cutting measures.

The Bubbleheads, a team of four deep-sea saturation divers, share the view of a bellman. 

Schlumberger and a Middle East offshore logistics company signed an agreement to develop a modular stimulation vessel as part of Qatar’s program aimed at localizing the energy sector’s supply chain and creating new investment opportunities.

ExxonMobil is evaluating additional development opportunities in the Stabroek Block with plans for five drillships operating offshore Guyana by the end of 2020.

Bechtel will design the LNG facility with a final contract price proposal by spring 2021. If built, Goldboro LNG would be the largest megaproject in Nova Scotia’s history.

Santos is a step closer to the go-ahead for its Narrabri coal-seam gas project after gaining approval from a government planning commission. It is planning workover activities on existing wells and an appraisal drilling program.

Critics of the new rule call it a de facto ban on new drilling and completions that will affect large portions of the state’s undeveloped oil and gas properties.

Shell's CEO said the Dutch supermajor has "too many layers" and that the move to downsize will help ensure its future. As a result, at least 9,000 people are expected to leave the oil and gas producer between now and 2022.

Wood Mackenzie is bullish on the future of global LNG demand. Chief Analyst Simon Flowers outlines the risks ranging from spot prices, project economics, and environmental concerns.