Oil & gas news

Pharos Energy has reached an agreement for the farm-out and sale agreement for a stake in the El Fayum and North Beni Suef Concessions with IPR.

The work awarded to the two companies is required to finalise the technical definition of the proposed development prior to Aker BP and its partners making the final investment decision in late 2022.

Halliburton will collaborate with Energean to deliver exploration, appraisal, and development wells offshore Israel.

The Helix Q5000 well intervention vessel and 15K Intervention Riser System have been charted by a major operator in the US Gulf of Mexico.

The engineering design work will include flow assurance definition and design of the subsea system connecting the wellhead platform to the FPSO including the flexible flowlines, dynamic risers and a mid-water arch structure.

McDermott will provide engineering, procurement, construction, installation and commissioning (EPCIC) for 30 miles (50 km) of pipeline and approximately 9 miles (15 km) of umbilical to connect five drill centres to a new offshore platform.

The survey is designed to illuminate the regional plays in the ultra-deep and deepwater areas with a new azimuth and to provide prospectivity insights of an oil-prone area in relation to recent key wells and the shallow water geology.

The topside modification contract award from ConocoPhillips follows final investment decision by the licence partners and the completion of the front-end engineering and design (FEED) work, awarded in October 2020.

The job was completed as the Stena Carron ship sailed from the Caribbean to a position off the Guyana coast, where it is currently carrying out drilling operations.

Siemens Energy will supply the complete packages for the electrical transmission, distribution, and power management system (PMS) for the Troll West electrification project in the North Sea.