The 29-1 field is tied into the existing infrastructure at the Liwan Gas Project, which includes the Liwan 3-1 and Liuhua 34-2 fields within Block 29/26, approximately 300 km southeast of the Hong Kong Special Administrative Region.
WellPath is a new interactive 3D well path planning solution for optimal well planning in unconventional and fractured reservoirs and offshore development platforms.
JDR will supply a fibre optic power cable and steel tube subsea isolation valve umbilical for an offshore platform project.
The umbilicals, produced by Nexans’ specialised facility in Halden, Norway, will provide hydraulic, control and instrumentation services for a stand-alone FPSO facility and associated subsea infrastructure.
Recoverable resources are estimated to be in the range of 2-6 million m3 of oil equivalent, corresponding to 13-38 million boe.
C-Innovation has acquired the controlling interest in Caltex Oil Tools, which provides equipment rentals, services and customised engineering capabilities to the offshore industry.
The two companies are to construct an oil well stimulation vessel as part of the agreement.
The Jinzhou 25-1 oilfield 6/11 area is expected to reach peak production of approximately 16 500 bpd in 2023.
Wintershall Noordzee is currently finalising the hook-up activities to the D12-B production platform, from where the produced gas will be transported via the Neptune Energy-operated D15-A production platform, through the NGT gas transportation system to shore.
The API has responded to the Trump administration’s announcement to extend the existing offshore moratorium in the Eastern Gulf of Mexico to include additional areas off the Atlantic Outer Continental Shelf (OCS) through the year 2032.
The contract covers the delivery of four subsea templates and up to 23 subsea trees and associated components.
The Santos-operated field is located in Permit WA-33-R off the coast of Western Australia.
Neptune Energy will remain as operator of the prospect with a 30% working interest in the licence.
Following the transaction, the PGNiG Group’s own gas production in Norway will increase to 0.9 billion m3 in 2021.
The policy measure is designed to allow all future bid deposit forfeitures to be reinvested as received.