North Sea oil news

Aibel has been contracted for work at the Krafla field development and the Asterix discovery in the Norwegian Continental Shelf.

Start-up is expected in 2Q22, and the project will run for approximately 1 month.

The data collected from Licence P2428 will now be processed by ION Geophysical to pre-stack depth migration with the final results expected to be delivered in 2Q22.

The extension will include one additional well at the Fenja field and two exploration wells within core areas of the Norwegian sector.

PD&MS will carry out a range of engineering modifications and execute offshore construction on Dana Petroleum’s Triton and Western Isles FPSO assets.

EnerMech will deliver tensioning, torquing and associated services across all of TAQA’s North Sea platforms.

The well was drilled about 17 km southwest of the Bøyla field in the North Sea, and 230 km west of Stavanger.

The firm consideration payable to Cairn by Waldorf Production Ltd. is US$455 million.

Bureau Veritas will deploy its digitalised delivery model BV Compliance for Ithaca Energy to deliver verification (including remote) certification and classification services, and environmental verification and audit services across the assets.

Preliminary estimates show that between 3 and 10 million standard cubic meters of recoverable oil equivalents have been proven in in exploration well 6407 / 1-9 - Egyptian Vulture, corresponding to 19-62 million barrels.