Siccar Point and Shell defer Cambo FID to 2021
Siccar Point and Shell UK had been planning to bring the project to a Final Investment Decision (FID) in 3Q20.
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.
The first uncrewed surface vessels (USVs) will be launched before the end of this year, and a larger USV model is being designed for delivery in 2021.
The company, which had planned to lift capital spending to US$13.37 billion this year, is still discussing the scale of the cuts.
The well was brought onto production on 21 March 2020 at an initial flow rate of approximately 2200 gross bpd.
Searcher, in collaboration with Discover Geoscience, is offering an open-file seismic package to assist in the evaluation of the country’s second petroleum licensing round.