Offshore news

Neptune anticipates 2020 to see produced volumes increase, reflecting production from the Cygnus field and an additional 3000 boe/d from assets set to be acquired from Energean Oil & Gas.

The fully merged and migrated Tablelands and North Tablelands 3D datasets cover approximately 12 500 km2 in the eastern part of the Orphan Basin.

Southeast Asia’s rig market, which was poised for growth in 2020, is now set for decline, according to analysis by Rystad Energy.

The APA is one of two equal licensing rounds on the Norwegian Continental Shelf. The scheme was introduced in 2003 to facilitate exploration in geologically well known parts of the Shelf.

The pre-FEED scope includes engineering tasks related to the configuration, sizing and preliminary analysis of the FPU, including topsides, hull, risers and mooring.

The company has said that it is still possible that the NJOM-3 well could be spudded before 15 September 2020, despite the force majeure.

The deal will see Tendeka supply sand-face completion equipment to a number of Mubadala Petroleum's fields in the Gulf of Thailand.

The company has said it is working with joint venture partners towards reaching an FID for the Etinde field in late 2020.

The project in the Mexican sector of the Gulf of Mexico is scheduled to commence in 3Q20 and will take approximately 60 days.

Equinor has said the North Sea field is on course to reach plateau production for the first phase in early May, earlier than anticipated.