Drilling & production

Production has begun from the Block 61 Phase 2 Ghazeer gas field in Oman, 33 months after the development was approved.

If the ongoing strike on the Norwegian continental shelf continues until 14 October, the Johan Sverdrup field in the North Sea will have to close production until further notice.

Equinor has said that the COVID-19 pandemic has interrupted the development of Norway's offshore oil and gas projects, pushing up costs and postponing startups.

The merger creates the British North Sea's largest oil and gas producer.

Weir Group has agreed to sell its oil and gas division to Caterpillar for US$405 million.

Maersk Drilling will drill two development wells for Dana Petroleum in the Dutch sector of the North Sea in 2Q21.

The agreement is for the long term supply of a total of 155 petajoules of natural gas from the West Erregulla gas field in Western Australia.

The Jinzhou 25-1 oilfield 6/11 area is expected to reach peak production of approximately 16 500 bpd in 2023.

The companies will cooperate globally to focus on revolutionising well integrity during the construction phase by bringing to market the first ever integration of Managed Pressure Drilling (MPD) solutions and Automated Well Control technology.

The study will examine specific economic parameters used by BOEM and BSEE for new and high-cost technologies like extended-reach subsea tiebacks.

Mobilisation of the Ocean Apex drilling rig for the Ironbark-1 well, located offshore Western Australia, is expected to commence mid-October, with drilling expected to begin by the end of October.

The West Erregulla 3 well is located in the Perth Basin, onshore West Australia.

Maersk Drilling estimates that about half the target can be achieved via further efficiency gains and known technical solutions and concepts, while the other half will be facilitated by investments in innovation in this space.

The company has confirmed that it has been in discussions with a number of third parties, including Chrysaor, regarding alternative forms of transactions to secure the long-term refinancing of the Group’s debt facilities.

Acoustic Data has been contracted to deploy its SonicGauge Wireless Monitoring System in a gas field project in North Africa.