Drilling & production

Strategic agreements announced during UAE-US business dialogue with President Trump will potentially enable US$60 billion of US investments in UAE energy projects.

The breakthrough will boost the gas reserves and production efficiency in the Puguang area as well as contribute to the development of ultra-deep shale gas in the Sichuan Basin.

Merakes East is located in a water depth of 1600 m, approximately 10 km east of the Merakes Field. It is tied back via a subsea connection to the Jangkrik Floating Production Unit (FPU) operated by Eni, situated around 50 km away.

McDermott is delivering design, fabrication, integration, transportation and installation of an approximately 30 000 t topside and 37 000 t hull structure, making it the largest floating production facility the company has ever designed and built, and one of the largest semi-submersible production platforms built in offshore history.

Whiptail Midstream says its oil and gas gathering systems in the San Juan Basin played a role in supporting the growth of its producer customers in the Gallup oil play, and MPLX’s ownership will allow for continued investment and growth of the system as activity continues.

BW Energy has announced the final investment decision (FID) for the Maromba development offshore Brazil based on a capex-efficient development with an integrated drilling and wellhead platform (WHP) and a refurbished FPSO.

ABS issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.

The increasing number of simultaneous completions reflects significant technological advances in hydraulic fracturing operations, particularly in equipment capabilities and operational strategies.

Wood has announced a trio of reimbursable contract extensions worth US$118 million to continue to deliver operations and maintenance solutions for Shell UK, Dana Petroleum and CNOOC International’s UK business.

Valaris Limited has announced that it has agreed to sell a jackup rig to BW Energy (BWE) for cash proceeds of approximately US$108 million.

OSV Ocean Guardian excelling in remote ultra-deep waters without interruptions.

Contract is for pre-commissioning services at the Salamanca Platform in the Gulf of Mexico.

Annular pressure build-up (APB) mitigation for wells at Whale development.

Technip Energies awarded a significant engineering contract for the North Field Production Sustainability Offshore Compression Project in Qatar.

bp has confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia’s Orange Basin, as reported by operator Rhino Resources.