Sources have said boards of both companies are meeting to begin discussions that could take many months and ultimately result in Keppel Corp. hiving off its offshore and marine business and combining it with Sembcorp Marine.
The three 3D seismic surveys were acquired from Polarcus.
The Praline field is located in Mississippi Canyon Block 74.
Norske Shell, Equinor, Idemitsu Petroleum Norway, INEOS E&P Norway, Lundin, OMV (Norway) and Vår Energi have been offered stakes in four production licences.
Two new wells tied into the Na Kika platform are expected to boost gross platform production by an estimated 20 100 boe/d.
In an exclusive article for the latest issue of Oilfield Technology, Jean-François Ribet, 3X ENGINEERING, Monaco, shows how composite wrapping was used to repair a topside line experiencing damaging internal corrosion on a North Sea platform.
Flaring is currently responsible for a fifth of UK offshore oil and gas production-related carbon dioxide emissions and 1% of total UK annual CO2 emissions.
CGG has been awarded a subsurface imaging contract in the Barents Sea by Lundin Energy Norway.
The work consists of pre-laying 24 torpedo anchors offshore Rio de Janeiro, Brazil, at the Mero 2 Project.
Of the total 448 km of flexible lines required for the Marlim and Voador field revitalisation project, 280 km were contracted with NOV and 168 km with Baker Hughes.
The programme includes approximately 6175 km2 of reprocessed 3D seismic data from the mature, hydrocarbon-producing areas of South Timbalier, Grand Isle and Ewing Bank.
The latest preliminary estimates from the King and Prince exploration wells show volumes between 60-135 million barrels of recoverable oil equivalents.
Oil production in May was 4% higher than the Norwegian Petroleum Directorate’s forecast, and 1.2% higher than the forecast so far this year.
Facilities to be installed include a five-mile offshore lateral pipeline build from the Shenandoah platform in the Gulf of Mexico to Discovery’s existing Keathley Canyon Connector pipeline, and additional onshore processing facilities to handle the expected natural gas production.
The Gråsel reservoir is situated over the Skarv reservoir in the Norwegian Sea, about 210 km west of Sandnessjøen, and contains around 13 million boe of oil.