Offshore & subsea

The company has announced that drilling at Indico-1 well on the CPO-5 block has reached target depth of 10 604 ft measured depth and has encountered the targeted Lower Sands of the Une formation.

The company has announced that following receipt of necessary approvals, the sale of its interests in the Babbage Area to Verus Petroleum SNS Ltd has now completed.

Afoxé discovery is a further confirmation of the oil exploration potential still held in southern part of Block 15/06, previously considered mainly gas prone.

The company has signed an agreement to dispose of the FSO Belokamenka for recycling in compliance with the Hong Kong Convention.

The integrated business, 'Neptune Energy Norge', will be amongst the top five independent producers on the Norwegian Continental Shelf and will become the operator of the Fenja field development project in the Norwegian Sea.

EM&I – the international asset integrity specialists – recently received a ‘thumbs up’ from a major Norwegian client with an FPSO in New Zealand.

Leading ROV and hydrographic survey company, Rovco, has been awarded further funding to develop the next stage of its integrated live 3D vision and artificial intelligence (AI) survey technology.

The Ministry of Petroleum and Energy has approved the plan for development and operation of the Troll Phase 3 development.

The company and its licence partners have submitted the report to the Ministry of Petroleum and Energy, with a final investment decision due early in 2019.

The Paus Biru-1 exploration well has resulted in a gas discovery.

The Topaz Driller is a Baker Marine Pacific Class 375 jack-up, which was recently mobilised to Cameroon by NewAge as operator for the Etinde license for two appraisal wells and is currently employed in Gabon.

Since May 2017, HydraWell has contributed towards plugging 10 shut-in wells on the original drilling platform (DP) at the Valhall field centre.

The company has announced the initial results of its testing of the Ubima-1 well after a dual completion was installed on the E1000/E2000 and F7000 reservoirs.

Sapura and Afcons will be jointly undertaking works for the KG-DWN 98/2 NELP block, located offshore the Godavari Delta on the east coast of India.

The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 million bbls.