Offshore & subsea - 11 April 2022

The Jade prospect has a GCA audited mean in place potential of 225 million bbl and a P10 in place upside of 395 million bbl.

Aker BP, which operates the field, and partner Pandion Energy expect Hod to produce 40 million barrels of oil.

The harsh environment jack-up rig Maersk Resolute will be employed to plug and abandon a total of 31 wells in the Dutch sector of the North Sea.

Based on preliminary estimates the size of the discovery is between 25-50 million bbl of recoverable oil equivalent.

Siemens Energy will supply both the power generation and compression packages for the Petrobras-operated P-78 FPSO.