Carnarvon aims to mature the identified leads to prospects within the block, with a number of geoscience work-flows as part of the work programme, including a satellite seep survey, petrophysical reviews, burial modelling, fault seal analysis, rock physics analysis and seismic inversion of the Cygnus MC3D.
The contract includes the construction and installation of the topside structure for the floating production, storage and offloading vessel (FPSO) to be located on the Johan Castberg field in the Barents Sea.
Held during Subsea Expo, Europe’s largest subsea-focused exhibition and conference, the ceremony brought together more than 600 industry professionals to recognise the finest talent, leadership and contributions across the sector.
The Concession award by the Supreme Petroleum Council (SPC), on behalf of the Abu Dhabi government, to the Abu Dhabi National Oil Company (ADNOC) and the Indian Consortium, is the first time that Indian oil and gas companies have been given a stake in the development of Abu Dhabi’s hydrocarbon resources.