Offshore news

As part of the transaction, Repsol has assumed responsibility for the day-to-day operation of the rig on the Yme field, leasing the rig from Havila Sirius on behalf of the Yme licensees.

A disruption at a gas well in Indonesia's Merakes gas field is likely to affect the project's production for as long as 6 months.

Equinor’s preliminary estimate of recoverable resources in the Egyptian Vulture discovery is 19 to 63 million boe (gross) and the oil-in-place volume has been estimated at 220 to 440 million boe (gross).

Winners to be awarded a share of the fund will be announced in early December, with work to be completed by 31 March 2021 and project reports to be published in 2Q22.

The aim of the Odfjell Collaboration Alliance is to provide a complete service offering of rig, modular rig, jacking unit, wireline, plugs and all other services needed to successfully execute projects within P&A or slot recovery operations.

The company has signed an agreement to acquire the semi-submersible drilling rig Leo from Aquadrill LLC for a total consideration of US$14 million.

Expected recoverable reserves in Yme are estimated to be approximately 10 million standard cubic meters of oil – or 63 million barrels.

Fenja is scheduled to come online in the first half of 2023 and will produce approximately 28 000 boe/d at plateau.

The strategic collaboration has a global scope, with an initial focus on the North Sea.

Fugro will help OCS Services deliver on ONGC’s Protective Coating of Process Platform Project 1 (PCPP1), an infrastructure project to maintain and refurbish 32 offshore platforms in seven clusters.