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.
ConocoPhillips Australia now holds an 80% interest in T/49P in the offshore Otway Basin.
The company has been certified for ISO50001 by ERM CVS.
Europa plans to include FEL 3/19 in a relaunch of the farm-out of its strategic position in the Slyne Basin.
Equinor is the operator of the Krafla licence and Aker BP is the operator of the North of Alvheim and Fulla licences.
The scope of work includes providing subsea controls equipment consisting of jumpers, flying leads and an electrical/hydraulic distribution manifold.
The work scope includes the provision of umbilicals and distribution equipment to connect the King’s Quay floating production system to the Samurai, Khaleesi and Mormont deepwater developments.
Petrofac will provide project management systems and technical support during the FEED for Acorn Carbon Capture and Storage.
Applied Petroleum Technology will deliver geochemical and petroleum systems analyses in connection with Chrysaor’s Armada hub facility and exploration around the Greater Lomond area on the UK continental shelf.
Havila Shipping has said it and Shell have different views on the obligation of Shell in a charter party based on two wells.
The AREA OFF-1 licence contains a management estimated resource potential of up to 1 billion boe.
Kvaerner will deliver the topside and steel substructure for the normally unmanned wellhead platform at the Hod field.
Electrification of the Sleipner field centre will entail laying a new power cable from Sleipner to the Gina Krog platform, which will be tied into the area solution for power from shore on the Utsira High.