Oil & gas news

SBM Offshore will construct, install and then lease and operate the Prosperity FPSO for a period of up to two years, while TechnipFMC will manufacture and deliver the subsea production system.

Maersk Drilling will drill two development wells for Dana Petroleum in the Dutch sector of the North Sea in 2Q21.

Payara is the third project in the Stabroek Block and is expected to produce up to 220 000 bpd after startup in 2024, using the Prosperity FPSO vessel.

The Terminator system has been used to successfully cut a subsea wellhead from an abandoned exploration well owned by Wintershall DEA in Norway.

The Duva field is being developed as a subsea installation with three oil producers and one gas producer, tied-back to the Gjøa semi-submersible platform.

Oil prices declined on Wednesday as oil demand seems fragile amid a rise in Covid-19 infections, while supply increases.

The orders comprise marine pumping systems for crude oil offloading, produced water, slop and ballast duties.

The 29-1 field is tied into the existing infrastructure at the Liwan Gas Project, which includes the Liwan 3-1 and Liuhua 34-2 fields within Block 29/26, approximately 300 km southeast of the Hong Kong Special Administrative Region.

WellPath is a new interactive 3D well path planning solution for optimal well planning in unconventional and fractured reservoirs and offshore development platforms.

JDR will supply a fibre optic power cable and steel tube subsea isolation valve umbilical for an offshore platform project.