Offshore & subsea - 07 July 2021

The Bayu-Undan field is one of Timor-Leste's largest gas fields.

The UK Oil and Gas Authority’s 2021 Decommissioning Cost Estimate has revealed steady progress towards a £39 billion by end-2022 target – but makes it clear that the industry must maintain the pace of cost-cutting.

Equinor has concluded the drilling of wildcat well 31/11-1 S, the first exploration well in production licence 785 S.

Woodside has also said the Ocean BlackRhino drillship is due to begin development drilling at the Sangomar project offshore Senegal next week.

The contract will be TechnipFMC’s first EPCI project with Tullow Ghana.

Preliminary estimates place the potential of the Eban–Akoma complex between 500 and 700 million boe in place.