ZMI Holdings has announced that ADNOC Logistics & Services), the shipping and maritime logistics arm of ADNOC Group, has entered into definitive agreement to acquire ZMI. The transaction is subject to customary regulatory approvals and is expected to close in 4Q22.
The project is expected to come online in the mid-2020s, and at peak production rates, could represent over 6% of projected UK North Sea gas production in the middle of this decade, with operational emissions of less than 1% of the whole UK basin.
The company has been awarded a three-year contract by Shell to provide engineering and procurement services for several of its assets in the Gulf of Mexico (GOM).
Strohm accepted the Subsea Pipeline Technology Award after impressing the judges with its TCP solution and new innovative fully bonded weight coating designed to keep the pipe steady during the laying process and provide stability on the seabed thereafter.
Tracerco’s Profiler is set to be installed by September this year into the slug catcher vessel, which provides a buffer volume to accommodate the intermittent high liquid flow in the form of a slug.
A gas leak in a contained area related to a turbine on Sleipner A was reported in the morning of 11 July. The incident was quickly clarified. During the process of resuming production and depressurisation, an additional gas leak occurred on the Sleipner R riser platform late Monday night.
A new feature used in the creation of GeoWells Brazil is an innovative core image interpretation workflow. This harnesses machine learning technology to predict core and thin section descriptions over hundreds of wells, and tens of thousands of images.
It is anticipated that a discovery at North Eigg would be developed utilising Serica’s nearby 98% owned and operated infrastructure on the Bruce platform. Results of the North Eigg well are expected in mid-October and will be announced by RNS.
TechnipFMC will continue to provide a wide range of engineering, studies and technical services to Neptune Energy. This includes installation work and operational support for Neptune’s development projects and producing fields.
The permits, for wells off the coast of Norway, have been granted based upon the petroleum resource act paragraph 13.
Through the agreement, Longboat farmed-in to two near-term, gas weighted exploration prospects on the Norwegian Continental Shelf targeting combined gross unrisked mean prospective resources of 223 mmboe (45 mmboe net to Longboat).
CGG has announced that Sercel, its Sensing & Monitoring division, was selected as the successful bidder for the acquisition of ION Geophysical Corporation’s software business.
ExxonMobil affiliate Esso Exploration & Production Guyana Ltd is set to install a subsea water alternating gas (WAG) jumper made from Strohm’s Thermoplastic Composite Pipe (TCP) on the Liza Phase 2 project in Guyana.
Equinor will retain 49% interest in the project, and Shell will become the new operator of the field. To reflect this change, Equinor and Shell have agreed to rename the North Platte development to the Sparta development.
Abu Dhabi National Energy Company PJSC (TAQA) has announced it has completed the safe and successful removal of the Brae Alpha West drilling rig and the Brae Bravo upper main jacket in the Northern North Sea.