Drilling & production

The contract covers the manufacture and installation of subsea production systems, flexible and rigid pipe, and umbilicals, as well as connection to the host facility.

McDermott has been awarded a transportation and installation contract by PRIO for the Wahoo field, offshore Brazil.

CGG has announced the start of a new multi-client 3D PSDM reimaging programme in the Tano Basin offshore Côte d’Ivoire in association with the country’s Direction Générale des Hydrocarbures (DGH) and national oil company, PETROCI Holding (PETROCI).

The company has made a gas discovery in well 6607/3-1 S, 225 km west of Sandnessjøen.

Equinor and Ithaca Energy have taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS), investing US$3.8 billion.

TGS has announced a northern extension to its previously announced Pontiac 3D Survey in the Midland Basin, Texas, US.

CNOOC Limited has announced that the Bozhong 28-2 south oilfield second adjustment project has commenced production.

The well was drilled by the ‘Deepsea Stavanger’ drilling rig, about 25 km southwest of the Oseberg field in the North Sea and 150 km west of Bergen.

The concession is located approximately 200 km from Rio de Janeiro, in water depths up to 2900 m. It contains natural gas and oil/condensate recoverable volumes of above 1 billion boe/d.

The company has closed the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group for US$20 million.

The 10-year agreement, including options, allows TWMA to extend its global drilling waste management services to Equinor’s operations, allowing the company to process its drilling waste safely and sustainably.

The Johan Castberg partnership, consisting of Equinor, Vår Energi and Petoro, is updating the project cost estimate. The investment estimate has increased by almost NOK 13 billion since last year.

Touchstone Exploration has provided an update regarding natural gas and liquids production volumes from the recently commissioned Cascadura facility.

Once the expansion of the facilities is completed, this oil field will increase its production from 250 000 bpd of Arab light crude oil to more than 500 000 bpd, in addition to 40 000 bpd of condensed hydrocarbons.

The Railroad Commission of Texas issued a total of 820 original drilling permits in August 2023. The total includes 710 to drill new oil or gas wells, 8 to re-enter plugged wellbores and 92 for re-completions of existing wellbores.