Offshore news

The Phase 2 project is expected to increase output at one of the largest fields in the Gulf of Mexico, with peak annual average gross production of 25 000 boe/d from the initial two well tieback.

The Frosk field, located approximately 25 km southwest of the Alvheim FPSO in the North Sea, will be tied back to the FPSO via the existing Bøyla and Alvheim subsea infrastructure.

Based on preliminary assessments, there is uncertainty whether the reservoir in the Gomez prospect can be commercially produced and no estimate of recoverable volumes has been established at this stage.

The nearly 7-month-long field programme for TotalEnergies was accomplished from the Fugro Brasilis using an autonomous underwater vehicle for most of the geophysical data collection and piston and box corers for the seabed soil sampling.

The total contract value for the firm portion of the drilling contract is expected to be US$94 million and commencement is expected in February 2022.

The Cabaça North development, with an expected peak production rate in the range of 15 000 bpd, will increase and sustain the plateau of the Armada Olombendo, a zero-discharge, zero-process flaring FPSO with an overall capacity of 100 000 bpd.

The project, located in the south of the Bohai Sea, is expected to reach its peak production of approximately 11 000 bpd of crude oil in 2022.

Ramform Tethys is scheduled to commence acquisition during 4Q21, and it is planned to complete in 1Q22.

The company has completed more than 300 measurements campaigns in the North Sea across a decade of digital twin technology.

The US$635 million bridge loan facility will be fully drawn in the coming days to finance the ongoing construction of the FPSO Almirante Tamandaré.