Offshore & subsea - 08 March 2019

The Colter well (98/11a-6) was drilled as a vertical well with the Ensco-72 jack-up rig and reached a total depth of 1870 m MD in the Sherwood Sandstone.

The result is in line with PTTEP’s expectation and will be incorporated into development planning of Cash-Maple field which contains 3.5 trillion ft3 of resources.

BP and Enpro Subsea have announces the execution of a global frame agreement aimed at providing an enhanced subsea architecture and smart standardisation using Enpro’s patented Flow Access Module (FAM) technology.

Norway is expected to spend the highest new-build CAPEX of US$21.2 billion on the development of the planned and announced projects, among the countries in the North Sea, during the period 2019 - 2025.