Located approximately 275 km off the coast of Louisiana, the North Platte field development includes a semi-submersible floating production unit (FPU) in water over 1300 m deep.
Drilling & production - 23 January 2020
The company has announced a net loss of US$1.7 billion for 4Q19, compared to a net income for 3Q19 of US$295 million.
ASH-2 which was drilled to a total depth of 4030 m in the Alem El Buieb (AEB) Formation onshore Egypt, has been completed to allow selective production from both an upper and lower reservoir interval.
SNC-Lavalin will provide front-end engineering and design (FEED) services for the second phase of the Haliba field, located in Al Dhafra Petroleum’s concession area.