Offshore news

The project will cover both frontier and mature areas where new broadband seismic is needed to enable the interpretation of the internal reflectors of the main Brent Group reservoir level.

BG International, a subsidiary of Shell, and Aker BP have terminated contracts for the Maersk Developer and the Maersk Reacher respectively.

Nine seismic surveys have been carried out on the Troll field by Equinor and other licensees, with the most recent one completed last summer.

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.

Oil production in March was 4.4% lower than the NPD’s forecast, due to technical problems at some fields.

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.

New licensed offshore acreage is likely to fall by about 60% and onshore acreage by 30% compared with 2019 levels, according to Rystad Energy.

The 4770 km2 Gambito 2020 3D survey will cover open acreage in deep and ultra-deep waters.

The Peregrino oilfield offshore Brazil is Equinor’s largest offshore operation outside Norway, and produces 70 000 to 80 000 bpd.

The contracts were with Woodside in Australia and Reliance in India.