Offshore news

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.

The US Gulf of Mexico region-wide Lease Sale 259 attracted 353 bids from 32 companies, with high bids totalling US$264 million.

The company’s scope of work includes the design and manufacture of the subsea production manifold featuring TCS subsea connectors along with valves sourced from Advanced Technology Valve S.p.A. (ATV) in Colico, Italy.

Official analysis has revealed that the accelerating decline of Scotland’s oil and gas production will increase Scotland’s emissions, threaten jobs and ultimately could make Scotland poorer.