Offshore news

Recoverable resources in the Ørn exploration well are estimated at 8 – 14 million m3 of oil equivalent, corresponding to 50 – 88 million boe.

The Norwegian contractor, who demonstrated and implemented a best practice CMS covering operations on one of its North Sea assets, achieved the accreditation in under four months.

The agreement with Koru Energy is for a potential acquisition of up to a 50% relevant interest in the Knox and Lowry, and Whitbeck gas discoveries in the East Irish Sea.

Abandonment of the well has been delayed following failure of 2 of the Diamond Offshore Ocean Monarch drilling rig’s 8 mooring chains.

Drilling of the Etame 9P appraisal wellbore is expected to take approximately four weeks, after which the company will commence drilling the Etame 9H development well targeting the Gamba reservoir.

Evaluation of logging and sampling data has confirmed that Joe-1 has encountered 14 m of net oil pay in high-quality oil bearing sandstone reservoirs.

The MoU between STATS, Sakhalin Energy and OOO INTRA Services Company was signed during the Eastern Economic Forum in Vladivostok, which was attended by Russian Federation President, Vladimir Putin.

The work will utilise the company's ultra-high-pressure abrasive cutting solution.

Crondall Energy will deliver a Concept Select study for Pharis Energy’s heavy oil Pilot Field development in the Central North Sea.

The 6-month project will cover approximately 8500 km2 and will be acquired by the Amazon Warrior using 14-streamers and Flexisource triple source.