Offshore & subsea

The €5 million fixed rate 5-year bond offer was fully subscribed as the offering attracted strong demand from the investors.

The study will cover an area of approximately 80 000 km2 of the offshore Niger Delta and will incorporate around 150 cores from the seabed.

The production of oil from Layang is estimated at approximately 3000 bpd, and an estimated 10 000 boe/d with natural gas combined.

The award contains the HPHT North Eigg and South Eigg prospects. The primary prospect is North Eigg which is estimated to contain 360 billion ft3 (P50) and potentially over 1 trillion ft3 (P10) of recoverable gas.

The study, known as a SeepHunter campaign, includes the results of 342 conventional cores and 29 jumbo piston cores and heat probes.

The survey covers 1600 km2 of 3D and 800 km of 2D data in a deepwater area of the Bay of Bengal.

The contract work includes drilling operations, work-over campaigns, P&A activities and all preventative and corrective maintenance of ConocoPhillips’ drilling facilities on three offshore platforms in the Greater Ekofisk Area.

The National Offshore Petroleum Safety and Environmental Management Authority has accepted Equinor’s environment plan for exploratory petroleum drilling in the Great Australian Bight.

Magma Global has been selected by C-Innovation to supply m-pipe® thermoplastic composite subsea jumpers for flowline intervention in the Gulf of Mexico.

The project will cover approximately 1000 km2 of ocean bottom and towed streamer seismic on Repsol’s operated block offshore Peninsular Malaysia.

ONEgas is decomplexing their gas field in the Netherlands Continental Shelf in order to centralise gas processing and switch platforms to unmanned operation.

The contract scope includes transportation and installation of five steel catenary risers for CNOOC’s Lingshui 17-2 Gas Field Development Project.

DNV GL will support DNO in enhancing safety, maintaining compliance and reducing its environmental footprint.

The contract for the semi-submersible rig Maersk Discoverer has an estimated duration of 322 days and is expected to commence in July 2020.

Three appraisal wells drilled this year, GTA-1, Yakaar-2 and Orca-1, targeted a total of nine hydrocarbon-bearing zones. The wells encountered gas in high quality reservoirs in all nine zones.