Offshore & subsea - 28 June 2021

The Weizhou 11-2 oilfield phase II project, located in the Beibu Gulf, is expected to reach its peak production of approximately 6000 bpd in 2022.

The programme work offshore Guyana is planned to be completed in 1Q22.

The contract is for the drilling of three firm wells and two optional wells offshore Israel, with the first firm well expected to spud in 1Q22.

The Prosperity FPSO will utilise a design that largely replicates the design of the Liza Unity FPSO, and will be designed to produce 220 000 bpd.

The FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles north east of Aberdeen, since 1999.