Offshore news

Aker BP and PGNiG have started production from the second development stage (phase two) on the Ærfugl field in the Norwegian Sea.

The company is delaying final investment decisions (FIDs) on the Jackdaw natural gas field in the North Sea and the Whale deepwater oil discovery in the Gulf of Mexico.

Fugro will deliver integrated marine-based services onboard the Well-Safe Guardian, Well-Safe Solutions’ semi-submersible unit for executing subsea well decommissioning work.

The companies interested in marketing the Guyanese government's share of the country's crude include ExxonMobil, Shell, Equinor, Total, Petrobras, Saudi Aramco, Lukoil and PetroChina.

A new report published by OGUK shows domestic oil and gas production in 2019 met nearly two thirds of the UK’s oil and gas demands.

The sister event to SPE Offshore Europe is to move from a face-to-face conference and exhibition to a virtual conference format.

Rystad is estimating that the industry's revenues will fall this year by 51% in a US$30 Brent scenario and by 77% if the Brent falls to US$20, compared to levels seen in 2019.

The contract is expected to start in 3Q20, with a duration of about 30 – 45 days.

First data from the 21 631 km2 regional 2D seismic survey offshore Sakhalin Island has been sent out to pre-funding customers and is now available to all industry customers.

TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals for connection to the Angel platform.