Offshore news

Of the remaining resources on the Norwegian Continental Shelf, 4.2 billion sm3 o.e, or 52%, are proven. Unproven resources are estimated at 3.8 billion sm3 o.e.

The Egypt Upstream Gateway provides digital access to over 100 years' worth of accumulated national onshore and offshore seismic, non-seismic, well-log, production, and additional subsurface data under a single platform.

The Tupi and Iracema surveys for Petrobras will start in 3Q21 and are expected to last approximately nine months.

The investment by the mooring solutions provider comprises new office and workshop premises adjacent to the existing FMS headquarters in Aberdeen, and the appointments of Carl Lafferty and Marc McGruther, who join as Survey & Positioning Manager and Project Delivery Manager, respectively.

The modifications to the Troll B and C platforms offshore Norway will include installation of equipment for receiving electrical power from shore via cable.

The acquisition phase will continue until April and fast-track data is expected in October 2021.

Production operations at the Johan Sverdrup field and Mongstad terminal will continue as normal.

The contract relates to Carnarvon's Buffalo project offshore Timor-Leste, where the objective is to drill the Buffalo-10 well in the second half of 2021.

ONGC will ramp up gas production from its Krishna Godavari Basin block to about 3-3.5 million m3/d from May, which will be further raised to 8.5 million m3/d in 2022/23 before hitting peak rate in 2024.

The partnership will offer the owners of oil and gas discoveries near Repsol Sinopec’s existing North Sea infrastructure hubs an integrated, technically robust and commercially flexible solution to meet their near to mid-term development objectives.