Offshore news
Norwegian Petroleum Directorate grants 10-year extension for Troll B facility
Nine seismic surveys have been carried out on the Troll field by Equinor and other licensees, with the most recent one completed last summer.
EM&I granted further patents for diverless UWLID technology
The company has been granted patents for its diverless under water inspection in lieu of drydocking (UWILD) and valve inspection and repair technology in the UK and Australia.
Norway's oil output down in March
Oil production in March was 4.4% lower than the NPD’s forecast, due to technical problems at some fields.
MOL completes purchase of Chevron assets in Azerbaijan
The interests include a 9.57% stake in the Azeri-Chirag-Gunashli oilfield, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan pipeline that transports crude to the Mediterranean port of Ceyhan.
Covid-19 and low oil prices could cancel over half of 2020’s licensing rounds globally, predicts Rystad Energy
New licensed offshore acreage is likely to fall by about 60% and onshore acreage by 30% compared with 2019 levels, according to Rystad Energy.
TGS begins 3D seismic survey offshore The Gambia
The 4770 km2 Gambito 2020 3D survey will cover open acreage in deep and ultra-deep waters.
Covid-19 delays construction work at Peregrino oilfield
The Peregrino oilfield offshore Brazil is Equinor’s largest offshore operation outside Norway, and produces 70 000 to 80 000 bpd.
Shearwater receives termination notices for two contracts
The contracts were with Woodside in Australia and Reliance in India.
ADNOC cancels Dalma project contracts with Petrofac
The project, worth around US$1.65 billion, and awarded in February 2020, comprised two packages. Petrofac Emirates’ portion of the scope of work is valued at US$1.5 billion.
ONGC extends FPSO contract with Bumi Armada
The Armada Sterling FPSO is currently operating for ONGC in the D1 field 200 km offshore India's west coast.