Offshore news

SBM Offshore and Shell have agreed an extension of the end of the contractual lease and operate period from December 2023 to December 2028.

Equinor and its licence partners are aiming to increase the recovery factor from the North Sea Statfjord Øst field from 56% to 62%.

ADNOC has awarded the exploration rights for Abu Dhabi’s Offshore Block 3 to a consortium led by Eni Abu Dhabi B.V. and PTTEP MENA Ltd.

Perseverance #1 is targeting P50 prospective oil resources of 0.77 billion bbl, with an upside of 1.44 billion bbl.

Barra Energia is leaving the joint venture in which it had a 50% stake.

Preliminary estimates place the size of the discovery between 75 million and 200 million bbl of recoverable oil equivalent.

Weir Oil & Gas Dubai will supply and install 1800 sets of wellheads and trees for PTTEP in the Gulf of Thailand.

The four-month campaign will cover two areas totalling 2800 km2 in the Arabian Sea off the west coast of India.

GE Power Conversion is to supply the motors for the water injection pumps which will equip a future FPSO vessel in Brazil.

Operator Neptune Energy estimates the project will add 2.4 million m3 of oil equivalent (15 million bbl o.e.) from Gjøa.