Offshore & subsea

An agreement was reached in a meeting last Friday between Norwegian Oil and Gas and the Norwegian Organisation of Managers and Executives (Lederne).

Neptune Energy is to increase its interest in the Dugong licence to 45%.

If the ongoing strike on the Norwegian continental shelf continues until 14 October, the Johan Sverdrup field in the North Sea will have to close production until further notice.

Coretrax is delivering significant operational efficiencies for operators with its latest expandable technology.

The arrangement will lead to the roll-out of multiple technologies applicable to the offshore wind and upstream oil and gas sectors.

The Living Quarter module and eight pipe rack modules have been successfully lifted on to the Energean Power FPSO hull at Sembcorp’s Admiralty Yard, Singapore.

The FPSO will be located in the Area 1 block, approximately six miles (10 km) off the coast of Mexico in the shallow waters of the Campeche Bay.

Equinor has said that the COVID-19 pandemic has interrupted the development of Norway's offshore oil and gas projects, pushing up costs and postponing startups.

A letter of intent has been issued to Odfjell Drilling and the Deepsea Aberdeen rig for drilling of 15 wells for the Breidablikk group.

The transaction gives Lundin Energy a 10% working interest in the major Wisting oil discovery.

Equinor has conducted a controlled closure of the Gudrun, Gina Krog, Kvitebjørn and Valemon fields.

The company will begin acquiring and processing new 3D seismic data in 4Q20.

SBM Offshore will construct, install and then lease and operate the Prosperity FPSO for a period of up to two years, while TechnipFMC will manufacture and deliver the subsea production system.

Maersk Drilling will drill two development wells for Dana Petroleum in the Dutch sector of the North Sea in 2Q21.

Payara is the third project in the Stabroek Block and is expected to produce up to 220 000 bpd after startup in 2024, using the Prosperity FPSO vessel.