Offshore & subsea

The combined value of the awards is approximately US$550 million and will account for 13 years of contract backlog.

The development will include 140 km of rigid risers and flowlines, 40 km of umbilicals and 19 trees, as well as associated subsea equipment, in water depths of approximately 2050 m.

The transaction follows Repsol's sale of producing assets in Russia, the cessation of oil production activities in Spain and the exit from exploratory activity in other countries.

GPR300 is specially designed for deployment in shallow waters down to depths of 300 m.

‘Digital twins’ have been created for the K9-A, L5-D and F3-B platforms in the Netherlands, Gjøa in Norway, and Cygnus in the UK Southern North Sea.

The two companies have completed a survey offshore Egypt on behalf of Shell.

Hasselmus will be the first tie-back to the Draugen production platform in the Norwegian Sea and will add in excess of 4000 boe/d to the production.

Limbayong is an oil and non-associated gas field located 120 km offshore Sabah, Malaysia, in water depths of between 900 and 1200 m.

The development will consist of 19 subsea wells tied back to a FPSO located at the Bacalhau field in the Brazilian pre-salt.

Sparrows Group has secured a contract with Chevron Australia for work on the Gorgon and Wheatstone natural gas facilities.

The company has repurposed existing fibre optic infrastructure to support the restoration of production to 1000 bbl at a previously shut-in North Sea asset.

Europa Oil & Gas (Holdings) plc has announced that consent has been received from North Lincolnshire Council for the storage of crude oil under the Planning (Hazardous Substances) Regulations 1992 at the Wressle Oil Field Development.

The company has found its feet in the Brazilian offshore market, winning a number of agreements with global EPC contractors.

75% of contractors anticipate moving into renewables work over the coming three to five-year period, the highest level recorded since the question was first asked in 2015.

The Deepsea Stavanger mobile rig is scheduled to drill three exploration wells from February 2022.