Offshore news
QatarEnergy acquires interests in Red Sea exploration blocks
QatarEnergy will hold a 17% working interest in Red Sea Blocks 3 and 4, operated by Shell.
Aker Solutions given FEED contracts for Valhall and King Lear projects
The Valhall field and the King Lear discovery are located on the Norwegian Continental Shelf.
Petrobras awards TechnipFMC flexible pipe contracts
The frame agreements cover the manufacture of more than 500 km of flexible pipe over the next four years, as well as services.
Cambo oilfield project paused following Shell withdrawal
Shell's decision last week not to progress the Cambo oilfield project in the UK North Sea means the development is being paused.
Aker Solutions to deliver subsea compression module for Åsgard gas field
The module is planned to be ready for delivery in August 2024.
Winners named for North Sea electrification competition
Orcadian Energy, Orsted and Katoni Engineering must now complete work on their studies by 31 March 2022, with project reports to be published in 2Q22.
Saudi Aramco extends Worley’s contracts for offshore assets
Under the contracts, Worley will continue to provide project management, engineering, design, fabrication and installation supervision for Saudi Aramco’s portfolio of offshore projects.
Maersk Drilling given one-well exploration contract by OMV
The contract is for drilling a well in the Oswig prospect in Block 30/5C of the Northern North Sea basin offshore Norway.
TotalEnergies starts up CLOV phase 2 offshore Angola
The tie-back project will reach a production of 40 000 boe/d in mid-2022.
Siccar Point Energy to review options for Cambo oilfield following Shell withdrawal
Shell said in a statement that it had "concluded the economic case for investment in this project is not strong enough at this time, as well as having the potential for delays".