Offshore news

The operations and maintenance contract will cover all in-country installation and commissioning activities.

Two of Neodrill's CAN-ductors were installed in April on two of Neptune Energy’s exploration wells in the Norwegian North Sea.

An independent, cloud-based ecosystem will offer a single search point to access all three companies’ subsurface multi-client data.

The project will add almost 200 million bbl of recoverable oil reserves and help extend the productive life of the Snorre field through to 2040.

The company presented a paper on ‘Innovative Asset Integrity Management to Drive Operational Effectiveness’.

Offshore decommissioning work has inevitably nosedived during 2020, though there are encouraging signs of activity recovering into next year. Christian Berven, Aquaterra Energy, offers his take on where the market may be heading – and how a change of mindset among operators is influencing a new strategic approach.

The equipment will be located onboard a converted FPSO vessel that MODEC is constructing on behalf of Woodside Energy for the Sangomar oilfield offshore Senegal.

The drilling programme for well 2/9-6 S relates to the drilling of a wildcat well in production licence 617, about 31 km east of the Valhall field.

Denmark has cancelled its latest licensing round and put an end date of 2050 on all oil and gas exploration and extraction in the North Sea.

Rystad Energy is forecasting peak oil demand to arrive earlier and at a lower level than previously thought, leading to reduced E&P investments.