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Here’s a roundup of the latest E&P headlines, including a find that could expand the Yggdrasil development in the North Sea and contract awards in the upstream oil and gas industry. ....
A new provision included in ExxonMobil’s Yellowtail and Uaru Permits, for the fourth and fifth projects respectively, allows for a capping stack to be on standby in the event of a well blowout during oil production activities. ....
Guyanese authorities have provided ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL), along with its joint-venture partners, with the legal backing needed to increase oil production at its fifth project in the Stabroek Block. ....