Equinor will acquire a 40% participating interest in licences PL090 JS, PL248 I and PL925, while Wellesley will acquire a 10% participating interest in licence PL942.
Following completion and tie-in, the first well from the Van Gogh Phase 2 Infill Development offshore Western Australia has produced at a peak rate of 23 200 bpd.
Pharos Energy is carrying out an infill programme to increase production from the TGT field in the Cuu Long Basin.
According to a document seen by Reuters, Shell has launched the sale of its stakes in the Baram Delta EOR and the SK307 production-sharing contracts, which are operated by Petronas Carigali Sdn Bhd.
The Barracuda project comprises two subsea wells (both 100% Shell owned), one in the Endeavour field and the other in the Bounty field, offshore Trinidad and Tobago.
The survey area covers acreage included in the Malaysia Bid Round 2021 and fast-track results will be delivered in time for block evaluation.
Tolmount first gas will be delayed beyond the end of July and is now likely to be around year-end, due to issues identified in electrical systems on the HGS Tolmount platform.
Fugro will employ its specialised survey technology to inspect the subsea infrastructure, including pipelines and structures, and to undertake survey activities in advance of future drilling campaigns on the Cygnus field.
The work programme is scheduled to last approximately four months and to start the process of converting approximately 100 million boe (gross) of 2C resources into 2P reserves.
Borr Drilling's Prospector-1 jack-up is expected to arrive on location in the Dutch North Sea before the end of July and to remain on contract with Kistos for approximately four months.
Subject to the result of the discussion and feasibility study, the business alliance contemplates the establishment of a joint venture company by the end of 2021.
The contract positions Petrofac to support the Clipper South complex, Leman Alpha assets, Bacton Terminal, and ONEgas Barge campaigns in the Southern North Sea.
The new digital twins of Neptune’s wells were developed using a data visualisation platform based on 3D gaming technology to enhance drilling and production efficiency, and reduce time and costs.
Harbour Energy has become a signatory to the World Bank’s ‘Zero Routine Flaring by 2030’ initiative.
Dr Malcolm Todd and Michael O’Brien, ChampionX, explain how a North Sea operator achieved a range of cost and efficiency benefits through the use of a hydrogen sulfide scavenger.