Offshore news
Fairfield Energy awards subsea infrastructure decommissioning contract to Bibby Offshore for Greater Dunlin Area
Bibby Offshore has been awarded the contract with a consortium of companies including The Port of Cromarty Firth. The scope of the contract includes the subsea infrastructure associated with the Osprey and Merlin subsea fields and other infrastructure tied back to the Dunlin Alpha Platform.
Wood secures new North Sea industrial services contract with Bluewater
Effective immediately, the contract is for two years with three one-year extension options, and includes the provision of rigging and scaffolding services on the facility, currently operating in the Pierce field.
Lundin Petroleum provides Johan Sverdrup update
Phase 1 of the Johan Sverdrup project continues to progress according to plan and is now close to 70% complete.
GlobalData announces capital expenditure forecast on Brazil's upstream oil and gas
Over US$54 billion will be spent on Brazil’s upstream oil & gas capital expenditure to 2020, says GlobalData.
Benthic awarded a contract in the Caspian
Benthic, a global geosciences company, has secured a contract for an offshore geotechnical investigation in the proposed Azeri Central East platform location in the Caspian.
CNOOC Limited commences production on Stampede Field
Three production wells are currently completed, and production is expected to ramp up through 2018.
Ocean Installer secures major contracts from Statoil
The company has secured two contracts, comprising work from 2018 through 2020 on the Snorre, Troll, Njord, Åsgard, Bauge, Fenja and Dvalin fields.
Appraisal well spudded within Fogelberg gas discovery in Norway
The well results will be used to precisely estimate the reserves and plan the development of the discovery, in which PGNiG Upstream Norway holds a 20% interest.
InterMoor completes a well abandonment campaign for Spirit Energy.
Following consolidation of the former OIS Ltd decommissioning personnel into InterMoor, the decommissioning team have added four further wells to the 128 they have successfully abandoned for Operators in the North Sea since 1996.
Westwood Insight: Why so many oil and gas projects fail to produce as planned
Half of oil and gas fields are not producing to expectations when onstream, and a new Westwood study shows that this is mainly due to unexpected reservoir issues.