A report published by industry body OGUK has outlined how the target will be achieved through changes to operations, progressive reductions in flaring and venting, and major capital investment programmes aimed at using electricity rather than gas, to power offshore facilities.
The company has said that is expecting the potential award of a marginal field to happen within 6 months of submitting a bid.
The disconnectable turret was integrated into an FSO in Shenzhen, China, and was successfully connected to the existing Lufeng 13-2 Field Moorings in the South China Sea.
The two-year agreement will be focussed in Azerbaijan, and is an exclusive agreement between the two companies.
The cut and recover operation was carried out for Wintershall Dea Norge.
The Balder Future project is aiming to extend the life of the area to 2045.
The suspension will last for up to 12 months.
The Curlew FPSO operated in the North Sea.
Wells 34/4-15 S and 34/4-15 A in production licence 882 will be drilled from the Deepsea Yantai drilling facility.
Gabon’s Directorate General of Hydrocarbons and PGS have expanded the Gabon MegaSurvey coverage, significantly increasing access to 3D seismic over the 35 blocks on offer as part of the country's offshore licensing round.
The company will provide its continuous environmental compliance and drilling performance management services on both projects.
The UK-based subsea company is set to expand into international markets following the successful delivery of a variety of projects for exploration and production operators and oil and gas service companies.
The company is selling its 6.45% interest in the Kvitebjorn field and pipeline and its 3.225% interest in the Valemon Unit and Valemon Rich Gas Pipeline, according to a document seen by Reuters.
The move provides the company with a new workshop, storage yard, training facilities, and office to deliver its International Organization for Standardization (ISO) certified services in-country.
The Qinhuangdao 33-1S oilfield phase I project is expected to reach its peak production of approximately 6000 bpd of crude oil in 2021.