Drilling & production

Forum Energy Technologies (FET) has secured a significant order from DOF Subsea to deliver four of its advanced work-class remotely operated vehicles (ROVs).

The company has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at the Grand Bahama Island in the Bahamas.

The MoU covers several areas such as project financing, funding, and the development of a complete value chain for CO2 handling.

Operations and maintenance (O&M) represented 55% of the total contracts in 4Q22, followed by procurement with 19%, and contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, accounted for 13%.

The companies have signed a multi-year framework agreement to decommission wells in the North Sea, as part of the decommissioning specialist’s Plug and Abandonment Club offering.

Neptune Energy has welcomed Equinor’s announcement, on behalf of the Snøhvit partnership, to award a major contract for the Snøhvit Future project in Norway to Aibel. ?

The new technology is a result of a collaborative research and development project with Net Zero Technology Centre and Spirit Energy.

The seventh annual Global Energy Talent Index has revealed that the recent gas price crisis has transformed oil and gas into the most popular sector for energy workers to join and has sent salaries soaring above pre-pandemic levels.

The well was drilled about 12 km north of the Ivar Aasen field, and 187 km southwest of Haugesund.

The Nordic Calista #2 rig contracted for the Alkaid #2 clean out operation has successfully pulled the tubing and packer and has now moved off the well head.

The company has been awarded a contract by Petrogas E&P Netherlands to supply two umbilicals for the A15 and B10 offshore conventional gas fields in the Netherlands.

The company has made an oil and gas discovery close to the Troll field in the North Sea. This is the seventh discovery in this area since the autumn of 2019.

GlobalData’s report, ‘Europe Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries, Development Stage, Capacity and Cost, 2023-2027,’ reveals that 94 projects are expected to start operations in the UK during the period 2023 – 2027.

The CT&P business includes four complete CT&P packages with supporting equipment, specialised and optimised for the UK market.

The planned isolation of three of the six stimulated zones and perforation of two other zones within the Southwark A2 well has been completed.