Wood Mackenzie comments on UK North Sea licensing round
The licensing round highlights four priority cluster areas in the Southern North Sea (Greater Pegasus Area, Greater West Sole Area, Greater Cygnus Area and Cotton Area).
The licensing round highlights four priority cluster areas in the Southern North Sea (Greater Pegasus Area, Greater West Sole Area, Greater Cygnus Area and Cotton Area).
The new energy-saving and storage system will hybridise the vessel which currently has a total installed power of 27 MW and DP3 classification and is suitable for worldwide operations in water depths up to 3000 m.
The award is for the provision of jack-up and island rigs and associated Integrated Drilling Services (IDS).
Petrofac has officially taken over operatorship of the Northern Endeavour FPSO facility on behalf of the Australian Government. This major milestone is a huge step in the landmark decommissioning contract which heralds the start of an era of decommissioning in the nation’s offshore oil and gas sector.
95% supported strike action in a ballot turnout of 86% after Unite accused oil and gas companies of ‘unfettered profiteering.’ The strike action will involve a series of 48-hour stoppages every second week for the first 8 weeks and will start on 20 and 21 October.
The contracts are part of a longer-term Alliance Agreement with CHC which will enable Neptune and CHC to optimise flight scheduling and route planning, and reduce the total number of offshore flights.
ADC Energy has secured a contract worth more than US$1 million to deliver baseline condition assessments for five vessels for a North American company.
A five-well work scope will be novated to PTTEP for drilling and plugging and abandonment activities at the Kikeh field offshore Sabah, with a total estimated duration of 116 days and expected commencement of the first well in November 2022.
PGNiG and Equinor ASA group companies have concluded gas sales agreements for natural gas from the Norwegian Continental Shelf.
The contract covers pipelay for a 30 km tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as an associated riser, spoolpieces, subsea structures, and umbilicals.
Zenith Energy has announced presented an offer to the relevant Ministry in the Republic of Benin for the award of an initial nine-year licence to operate Block 1 containing the Sèmè oilfield, offshore Benin.
TotalEnergies has approved the final investment decision for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina.
Well-Safe Solutions’ Well-Safe Protector jack-up rig will carry out the plug and abandonment of at least four subsea and 17 platform wells located in Dutch and UK waters.
The contract, which builds on a relationship with Serica Energy which began in 2018, was enhanced in 2019 to include metering engineering services through the deployment of dedicated onshore and offshore personnel.
Tendeka has signed a new multi-year contract extension to exclusively deliver standardised sand-face completion equipment across all Equinor’s assets on the Norwegian Continental Shelf. The agreement will see Tendeka manage the complete supply chain of sand and inflow control equipment through standardisation.