Oil & gas news

The planned start-up of operations for the Parameswara jack-up rig in the Mumbai High is 1Q22.

The results of the initial phase of the survey will be interpreted and, if required, a second geotechnical phase incorporating the collection of samples from the seabed will be undertaken before the end of the year.

The new production cluster will be centred around the Tazovskoye oil and gas condensate field, brought into production by Gazprom Neft in June this year.

The contract has been welcomed by OGUK and The Oil & Gas Authority as a strong example of collaboration, campaigning and innovation.

The combined purchase price and anticipated development capital represents an incremental ~US$450 million commitment to the Eagle Ford for Warwick.

IEC now plans to conduct stimulation work and commence production from the Kruh 26 and Kruh 25 wells in October 2021.

FPSO Sepetiba is to be deployed at the Mero field in the Santos Basin offshore Brazil, 180 km offshore Rio de Janeiro.

The two wells, north of the Edvard Grieg field, have confirmed a combined updated gross resource range of 12 – 60 million boe.

The company has also won long-term work with operators for its swellable packers and sand and inflow control technologies across key energy hubs.

The company is also nearing completion of work for CGG on its North Viking Graben survey.