Offshore & subsea - 04 October 2019

Project management and detailed engineering has commenced at Subsea 7’s office in Aberdeen, with offshore activities scheduled for 2020 and 2021.

The 6th Production Sharing Round is scheduled for 7 November and will offer the Aram, Boomerang, Southern Cross, Southwest Sagittarius and North Brava blocks, distributed in the Santos and Campos basins.

Preliminary evaluation of the Hibiscus Updip prospect in the Dussafu licence offshore Gabon indicates gross recoverable reserves of 40 to 50 million bbl of oil, significantly greater than the pre-drill expectations.

The Tambak-2 well is primarily designed as an appraisal of the southern area of the Mako gas field in the West Natuna Basin, offshore Indonesia.