Offshore news

Equinor and will replace two gas turbines with heat recovery to produce electric power, at Statfjord C platform in the North Sea.

The Trudvang area has the potential to store up to 9 million t of CO2 annually for at least 25 years – a total of 225 million t – with analysis indicating the storage potential could be even higher.

Deltic Energy has been informed by the licence operator Shell UK Ltd that site survey works associated with the Selene exploration well location have commenced.

Perenco UK and Carbon Catalyst Limited have announced the award of two carbon storage licences by the North Sea Transition Authority (NSTA) to progress the Orion carbon storage project in the Southern North Sea sector of the UK Continental Shelf.

SFL has announced that it has signed a drilling contract in Canada with a value of approximately US$100 million.

Archer has secured a US$165 million Repsol Sinopec contract for P&A decommissioning in the Fulmar field and the Halley field.

Solstad has been awarded a pair of vessel contracts offshore Brazil worth US$100 million.

The company has been awarded a new contract by Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project.

Saipem has been awarded two new contracts, the first by Eni Congo and the other by BP, for a total value of around US$700 million.

The partners in the Brasse license have agreed a fast-track development concept for the oil and gas discovery, paving the way for detailed design studies to link up with the Brage field. A final investment decision is expected in 2024.