The joint venture will be based in Baku, Azerbaijan, and will focus its business development and operations both on onshore and offshore Azerbaijan.
Drilling & production
The ultra-deepwater drillships Noble Bob Douglas, Noble Tom Madden and Noble Don Taylor, which are currently executing drilling assignments for ExxonMobil offshore Guyana, are included in the framework agreement, and other drilling rigs may be added to the agreement.
The organisers of Future Oil & Gas have announced the 2020 Advisory Board and agenda for the 4th annual high-level conference and exhibition taking place at P&J Live in Aberdeen, UK, on 9-10 June 2020.
The company is to deliver a 10 km length of thermoplastic composite pipe (TCP) to a supermajor in West Africa.
The company has reported 4Q19 revenues of US$2.28 billion, an increase of 7% compared to 3Q19 and a decrease of 5% compared to 4Q18.
A new gas module that was recently put onstream on the Troll C platform will accelerate and boost production from Fram by substantial profitable volumes.
Hurricane is planning an accelerated Lancaster Area work programme, focussed on drilling an additional production well on Lancaster in 2020.
Following the agreement, Shell will assume the operation of the Fuerte Sur, Purple Angel and COL-5 blocks.
In the second part of this two-part article, Andrew Morris, Gareth Innes, Adrian Clark and Pierre-Marie Hinden, TWMA, and Laurie Phillips, AGR Well Management, discuss the advantages of adopting thermal processing technology for managing offshore drilling waste.
Rystad Energy has predicted that of the top 30 high-impact wells to be drilled in 2020, five are located in North America, seven in South America and six in Africa.
Grupo R is to lease the La Muralla IV platform for Shell to operate in the deepwaters of the Gulf of Mexico.
The LOI envisages that New Age would supply a minimum of 25 million ft3/d of gas to Gaz du Cameroun S.A. (GDC), Victoria's wholly-owned subsidiary, for the first three years, followed by a minimum of 30 million ft3/d, with the potential to increase in the future.