Offshore & subsea

The company has said it is working with joint venture partners towards reaching an FID for the Etinde field in late 2020.

The project in the Mexican sector of the Gulf of Mexico is scheduled to commence in 3Q20 and will take approximately 60 days.

Equinor has said the North Sea field is on course to reach plateau production for the first phase in early May, earlier than anticipated.

Teekay Corp. has entered into a new bareboat charter contract with Britoil Ltd, a subsidiary of BP, for the Petrojarl Foinaven FPSO unit for up to approximately 10 years.

Siccar Point and Shell UK had been planning to bring the project to a Final Investment Decision (FID) in 3Q20.

First gas has been achieved from a new well in the Chiswick field in the Southern North Sea, while first oil has been achieved from a new well in the Chestnut field.

High pressure, high temperature (HPHT) developments offer new opportunities in mature basins – but they invariably pose safety, technical, cost and environmental challenges. Ben Cannell, Innovation Director at Aquaterra Energy, looks at how North Sea operators might take the heat out of the process.

The company is in discussions with Total regarding the notice.

The HullGuard system involves installing a tubular ‘periscope type’ anode with an integral dielectric shield, through an ODIN® type class approved access port fitted to the inside of the ship’s hull.

Africa Oil & Power (AOP) is working with Senegalese government partners to confirm a new date for the conference.

In an operations update, the company said it remains focused on operating in a low oil price environment.

Planned 2020 CAPEX on the company's UK producing assets is expected to be below US$45 million, reduced from the original forecast of US$65 million.

The ARO-2003 (SAR201) jack-up rig has been repaired and overhauled for ARO Drilling.

The company will reduce planned investments for 2020 from US$12 billion to US$8.5 billion.

The Framo TransRec system is designed to handle any oil spill, whether it occurs in the process of oil production or as the result of a vessel-related incident.