Offshore & subsea

The updated cost estimate for Woodside's Scarborough project is US$12 billion, approximately 5% higher than the previous cost estimate announced in November 2019.

The duration of the survey is approximately two months and will start in 3Q21.

Petrobras, TotalEnergies, Shell, CNOOC and CNPC have taken the investment decision for the fourth phase of the Mero project (Libra block) in the Santos Basin.

The 37 km electrically trace-heated pipe-in-pipe solution will transport oil from the Fenja field to the Njord A platform, operated by Equinor.

According to preliminary estimates the new find in the Cuenca Salina Sureste Basin may contain between 150 and 200 million boe in place.

The Liuhua 21-2 oilfield is is expected to reach its peak production of approximately 15 070 bpd in 2023.

PetroVietnam Technical Services Corp. has been contracted to provide EPCIC services for the Gallaf Batch 3 Project, the next development phase of the Al-Shaheen oilfield located offshore Qatar.

The 437 km2 survey will be acquired in the NOAKA area, between Oseberg and Alvheim in the Norwegian North Sea.

Seismic processing tenders have been issued and, following review, a contract will be awarded shortly.

The East Cendor field in Block PM304, operated by Petrofac and located 140 km offshore Peninsular Malaysia, achieved its first oil production on 23 June 2021.

The Oil & Gas Authority’s UKCS Energy Integration Report last year calculated that electrification could abate UKCS oil and gas operational emissions by 2 – 3 Mt CO2 per year by 2030.

Sapakara South in Block 58 encountered 30 m of net pay of oil, in a good quality Campano-Maastrichtian reservoir.

Operator Neptune Energy estimates the reserves at the Duva field in the Norwegian North Sea to be approximately 11 million m3 of oil equivalent.

PETRONAS Carigali, Shell and PETROS EP have been awarded Block SK437 offshore Sarawak.

Production operations have resumed following the Aoka Mizu FPSO's scheduled annual maintenance shutdown.