Oil & gas news

Petrofac has been the incumbent operations and maintenance service provider at the facility for eight years. The facility is one of the largest in the Gulf and handles around 55% of Iraq’s crude oil exports.

The compressed air system will consist of large capacity service and instrument air compressors with associated air dryers and filters.

The well streams from the BM-C-33 field, in the Campos Basin, will be sent to a FPSO located at the field. Gas and oil/condensate will both be processed at the FPSO to sales specifications and exported.

Oil prices fell further on Thursday as a result of continuing doubts over the AstraZeneca vaccine and a rise in US crude inventories.

As part of the deal INEOS will acquire 61.5% of the Syd Arne oilfield, currently operated by Hess, which complements the 36.8% share INEOS already holds in the field. INEOS will also acquire 4.8% of the Solsort field, which is already operated by INEOS.

The grants are part of the Australian government’s Beetaloo Strategic Basin Plan to bring gas from the Beetaloo’s resources into the market by 2025.

Deepsea Technologies will provide business development and engineering support on behalf of Forum Energy Technologies (FET) in Brazil, and deliver full servicing, repair, calibration, upgrades and modifications for FET ROVs and associated tooling.

One of the awards is a three-year renewal to continue with the planned and corrective maintenance of all lifting equipment used on four FPSO vessels in the country.

CRP Subsea has been awarded a contract by Maersk Drilling for the supply of low-drag VIV suppressing Helically Grooved Drill Riser Buoyancy.

Leveraging the comapnies' joint capabilities, Ashtead Technology has completed a multi-asset, Class-approved mooring inspection campaign for Total E&P Angola in the Girassol and Dalia fields, and has been awarded further work in the Pazflor and CLOV fields.