ADC’s recent project highlighted that Dynamically Positioned rigs operating in a closed-bus configuration can successfully reduce annual CO2 emissions by 4800 tpy – delivering a fuel saving of US$620 000 per year - while reducing engine running hours by 20%.
The company has signed an agreement to acquire the semi-submersible drilling rig Leo from Aquadrill LLC for a total consideration of US$14 million.
Expected recoverable reserves in Yme are estimated to be approximately 10 million standard cubic meters of oil – or 63 million barrels.
Fenja is scheduled to come online in the first half of 2023 and will produce approximately 28 000 boe/d at plateau.