Subsea news

The hydraulic fluid is designed to meet the complex needs of the drilling industry quickly and efficiently.

The project will boost production at the existing Maria field in the Norwegian Continental Shelf. The contract includes subsea trees, spools, jumpers, and flexible pipes.

The drilling permit has been granted based upon the petroleum resource act paragraph 13.

The full development of Area 1 will include 33 wells connected to three wellhead platforms plus one monopod, in addition to the FPSO.

The contract extension has a duration of one year and is expected to commence in July 2023, in direct continuation of the rig’s current contract.

Resources for the entire Cambozola prospect have been estimated at 159 million boe.

UK-based oil and gas subsea equipment specialist Express Engineering has announced a six-figure investment in new precision welding equipment and capabilities as it expands its sector operations to support customers.

Based on preliminary estimates the size of the discovery is between 25-50 million bbl of recoverable oil equivalent.

Siemens Energy will supply both the power generation and compression packages for the Petrobras-operated P-78 FPSO.

Equinor and partner Cenovus Energy have not yet made a final investment decision on whether to build the Bay du Nord offshore project.