Offshore & subsea

Total has acquired interests in Blocks 20/11 and 21/09 in the Kwanza Basin, offshore Luanda.

The three-year contract will support both onshore and offshore activity for BP operated projects in the Caspian Sea area including Azeri-Chirag-Gunashli (ACG), Shah Deniz, Baku-Tbilisi-Ceyhan (BTC), South Caucasus Pipeline (SCP) and Western Route Export Pipeline (WREP).

The contract is expected to commence in 2Q20 and will contribute approximately US$91 million of contract backlog, excluding mobilisation reimbursement.

The framework agreements cover operation of all the company’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway.

The Ministry of Mines and Hydrocarbons of Equatorial Guinea has granted ExxonMobil a six-month extension for offshore blocks EG06 and EG-11.

The two framework agreements are for the provision of Engineering, Procurement, Construction and Commissioning (EPCC) services.

North Sea Blocks 15/18d and 15/19b (Licence P2366) have been sold to Anasuria Hibiscus UK Limited for a headline consideration of up to US$5 million.

OneSubsea will supply vertical monobore production trees and multiphase flowmeters rated up to 20 000 psi.

An FID has been announced for the Anchor oilfield and FEED has begun for the North Platte discovery.

The oil export from Johan Castberg will therefore go directly to the market, as described in the plan for development and operation (PDO).

The Acquired Assets produced approximately 19 thousand barrels of oil equivalent per day (MBoe/d) during 3Q19.

The licensing round is expected to commence in April 2020, with nine blocks on offer in the Harper Basin.

FPSO Sepetiba will be deployed at the Mero field in the Santos Basin offshore Brazil, 180 km offshore Rio de Janeiro.

The black-tie event will take place on 12 February 2020 at P&J Live in Aberdeen, UK, during Subsea Expo – Europe’s largest subsea focused exhibition and conference.

The Trident XIV Jack-up rig is undertaking workover operations offshore Nigeria.