Offshore news

Well 6406/5-2 S encountered a gas/condensate column of about 24 m in the Garn Formation, 46 m of which was a sandstone reservoir with poor to moderate reservoir properties.

The company has announced that the Transocean Equinox was awarded a five-well contract in Australia by a major operator, representing approximately US$137 million in firm backlog.

The company has announced it has received its best environmental, social and governance rating to date from Sustainalytics, putting it in the top 3% of all global oil and gas companies rated by the organisation.

Luiz Hayum, Senior Research Analyst, Latin America and Sub-Saharan Africa Upstream Oil and Gas, said “The BM-C-33 is Equinor’s second FID in a long list of justified for development deepwater projects outside Norway.”

ChampionX Corporation’s asset integrity programme in the Greater Ekofisk Area in Norway has earned the company an award.

David Sheetz, Vice President, C-Innovation, USA, considers how the discipline of riserless light well intervention has taken hold in the deepwater oil and gas production sector.

A permanent, gas-tight seal was required for a well with a 36” OD that was experiencing gas migration.

Wärtsilä will operate the power modules onboard a FPSO vessel, on behalf of the owner 3R Petroleum and has also signed a five-year optimised maintenance agreement with the company to ensure the reliability and performance of the installation.

The project financing is provided by a consortium of 13 international banks with insurance cover from 4 international Export Credit Agencies (ECA).

The company has announced contract fixtures for two of its harsh environment semisubmersibles. Together, the fixtures represent approximately US$113 million in firm contract backlog.