Offshore & subsea

Gjøa P1 is on track to achieve first oil two months ahead of the original plan.

Yannis Bassias, former President & CEO at Hellenic Hydrocarbon Resources Management (HHRM), talks about exploration in the Mediterranean, changes in the gas market, ultra-deepwater drilling, and explains why Greece “is not a declared gas province yet”.

Saipem and Vår Energi have reached an agreement for the execution of 4 wells to be drilled in the Barents Sea and in the North Sea.

The fieldwork started in March and, while phase one marks completion of the geophysical scope, the geotechnical scope in phase two will run as planned until August this year.

Callum Falconer and Steve Simpson have both been nominated onto the DNS board, following a period of time spent as nominated members of the organisation’s Decommissioning Leadership Group.

BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo.

The agreement covers Aker BP’s Norwegian operations and includes Claxton’s range of drilling support services and asset life extension and decommissioning equipment and services.

The semi-submersible crane vessel Sleipnir has successfully removed the 8100 mT Jotun-B jacket for Vår Energi.

The Luda 21-2/16-3 regional development is expected to reach its peak production of approximately 25 600 bpd in 2022.

Providence Resources is working with SpotOn Energy and members of a consortium to finalise the farm out work programme for Exploration Licence SEL1/11, which includes the Barryroe oil and gas field offshore Ireland.

The projects will commence in 3Q20 and are expected to be completed by 1Q21.

The acquisitions remain conditional on agreeing the terms of the refinancing of Premier’s existing credit facilities, equity funding and customary other approvals, including shareholder approval.

Lease Sale 256, originally scheduled for August 2020, will include approximately 14 755 unleased blocks – all of the available unleased areas in federal waters of the Gulf of Mexico.

The company is to resume drilling in the Barents Sea and the North Sea.

The project involved acquiring high-resolution geophysical and geotechnical data within the Stabroek block.