Upstream drilling news

Total investments in the project, intended to extend the lifetime of the Alvheim field, are projected at around US$1 billion and production is scheduled to start in 1Q24.

Carnarvon Petroleum has signed a letter of intent with an unnamed rig contractor, and a formal rig contract is now being finalised.

The Baltic jack-up rig has been contracted by Total E&P Nigeria for five wells, starting this month.

The bareboat charter for the Samsung Santorini is approximately two years in duration and provides for the option to purchase the ship.

The first phase of the Morocco drilling campaign consisted of three appraisal/development wells in SDX's operated Gharb Basin acreage in Morocco.

The contract is for the drilling of three firm wells and two optional wells offshore Israel, with the first firm well expected to spud in 1Q22.

The FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles north east of Aberdeen, since 1999.

Through the agreement with Medra Arabia, OSSO will provide clients with direct access to its rental fleet of equipment, along with rig site support and heat transfer solutions.

The Gråsel reservoir is situated over the Skarv reservoir in the Norwegian Sea, about 210 km west of Sandnessjøen, and contains around 13 million boe of oil.

The semi-submersible rig Scarabeo 8 is due to begin operations in the Norwegian North Sea in 4Q21.