Offshore news

The contract is the largest in Global E&C's history.

Vår Energi will become the second largest E&P company on the Norwegian Continental Shelf after Equinor, with total reserves and resources of about 1900 million boe.

The oilfield procurement firm has been awarded its first contract with Petrofac in the UK as well as two major contracts with Spirit Energy and BP.

The contracts are to support Total E&P South Africa's operations in Block 11B/12B and the drilling programme is expected to take up to 280 days.

As CT scanning provides a non-intrusive inspection method, all assets will remain operational throughout each project.

The agreement entails using the Weatherford Magnus® rotary steerable system in both re-entry wells and new wells.

The contract covers an area of 1600km2 for 3D seismic with associated 2D work to be executed over a 1.5-month period from end 3Q19 for the undisclosed client.

The total estimated future costs associated with the delivery and placing the drillships into service would have been approximately US$1.1 billion.

The wellhead installation marks the beginning of Gusar’s contracted work with Gazprom for the first year of an up to five-year jack-up gas exploration drilling programme on the Kara Sea Shelf.

An application of thermography has been to detect wet insulation, which is one of the drivers for corrosion under insulation (CUI) attack.