Offshore & subsea

The company expects that the acquisition, on behalf of an unnamed customer, will take place in the beginning of 3Q21.

The US$615 million deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf.

3t Energy Group has secured a contract with Chrysaor to manage the training of its entire UK workforce using digital learning technologies.

The newly established Aker BP UK has taken a 50% interest in licence P2511 on the UK Continental Shelf.

The well in licence VIC/P43 intersected a gross gas column of 69.5 m in the Upper Waarre Formation, including 62.9 m of net gas pay, with a gaswater contact intersected at 1990 m measured depth.

Tranter’s project scope covers design, engineering, supply, and maintenance of several plate heat exchangers that will be installed on the topside facilities of FPSO units, where they will be used for various heating and cooling duties.

The contract covers consolidation of development, exploration and P&A activities in the Dutch and UK sectors of the North Sea.

Preliminary estimates place the size of the discovery between 12 and 19 million m3 of recoverable oil equivalent, corresponding to 75-120 million bbl of recoverable oil equivalent.

Subsea UK has announced that its Subsea Asia event will return this November, in Kuala Lumpur, Malaysia.

The 10-year master contract enables Chevron Australia to order full-service asset maintenance from AGC, a subsidiary of AusGroup, across Chevron’s onshore and offshore natural gas and oil production facilities located in the north-west of Australia.

The contract will continue Doris’ relationship with BHP after the successfully completed pre-FEED scope.

The investment will be made by way of an acquisition of a 51% interest in K.O.N.H. UK Limited, which holds an indirect interest in a Risk Sharing Agreement for the field.

The Centre of Decommissioning Australia reports that there is over AUS$50 billion of decommissioning work in Australia over the next 50 years, over half of which will commence within the next 10 years.

Neptune Energy has announced the safe and successful installation of four Enhanced Horizontal Subsea Tree Systems for the Duva development project in the Norwegian sector of the North Sea.

The solution is designed to overcome flexible pipe stress corrosion cracking tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments.