The project, supported by industry funding, is expected to complete by the end of 2023, with fast-track products available by June.
The discoveries were proven in 2017 and 2020 respectively and contain a total of 36.3 million bbl of recoverable oil equivalent.
AGR, a multi-disciplinary engineering consultancy and software provider, is to expand and grow its range of services with the opening of an office in Oslo, Norway, to meet increased demand from new projects coming online in the oil and gas and renewables sectors.
The contracts are part of a longer-term Alliance Agreement with CHC which will enable Neptune and CHC to optimise flight scheduling and route planning, and reduce the total number of offshore flights.
In the second quarter Equinor completed 9 exploration wells offshore and 3 wells were ongoing at quarter end. Equinor made 3 commercial discoveries in the quarter, all close to infrastructure on the NCS.
A new feature used in the creation of GeoWells Brazil is an innovative core image interpretation workflow. This harnesses machine learning technology to predict core and thin section descriptions over hundreds of wells, and tens of thousands of images.
It is anticipated that a discovery at North Eigg would be developed utilising Serica’s nearby 98% owned and operated infrastructure on the Bruce platform. Results of the North Eigg well are expected in mid-October and will be announced by RNS.
With its headquarters in Warrington, England, the new office in Aberdeen becomes its second facility in the UK, strengthening its presence in the UK’s vital oil and gas industry, as well as in Europe and Africa.
The facility allows the company to stock equipment which is available for hire and deployment straight away, helping ease concerns around supply chain delivery.
The Valaris DS-17 drillship has been tasked to drill an appraisal well, plug an old exploration well and conduct additional drilling scope in Brazil.