Offshore news

The shear-and-seal subsea safety valves will be delivered by early 2020 for integration into Trendsetter’s MkII 15K Light Riser Intervention System.

The joint venture, GulfDrill, has secured bareboat charters for five jackups in Qatar with Qatar Petroleum, commencing throughout 2020.

The Mariner field is the first Equinor-operated oilfield on the UK Continental Shelf.

The index charts the frequency with which oilfields in the North Sea report zero production compared to those exporting oil into pipelines in any given month.

Global Energy Group and Rigfit7seas have been appointed to deliver the refurbishment of the semi-submersible drilling rig into a plug and abandonment unit.

Operator Equinor is planning start-up during the course of September 2019.

Completion of the acquisition and the merger plan has been registered with the Norwegian Register of Business Enterprises.

Assuming an early September FID date, under the development schedule to be submitted in the finalised Phase 1 Field Development Plan, First Gas is expected to be reached in July 2021 from the Southwark field in the North Sea.

The three-year contract will see OPEX Group roll out its X-PAS predictive analysis service on the Buzzard, Golden Eagle and Scott platforms in the North Sea.

Neivan Boroujerdi, principal analyst, North Sea upstream, at Wood Mackenzie, said the focus for any new buyer will be on increasing recovery and pushing out abandonment costs.