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Chinese governmental bodies reviewed the discovery and certified the proven in-place of natural gas and condensate oil at over 50 billion cubic metres and 3 million cubic metres respectively.
Over 80% of the contract value will flow back into the UAE’s economy under ADNOC’s in-country value programme.
Petrofac has officially taken over operatorship of the Northern Endeavour FPSO facility on behalf of the Australian Government. This major milestone is a huge step in the landmark decommissioning contract which heralds the start of an era of decommissioning in the nation’s offshore oil and gas sector.
Howden will supply two screw compressor packages to Majnoon oilfield, near Basrah, Iraq. With Howden’s compressor solution, the Majnoon oilfield will save 42 242 t of carbon emissions per year – the equivalent of annual fossil fuel emissions for 9100 cars.
ADC Energy has secured a contract worth more than US$1 million to deliver baseline condition assessments for five vessels for a North American company.
Under the two-year Field Maintenance Services contract extension, Petrofac will continue to support operations at the Haliba oil field, located onshore along the south-east border of Abu Dhabi, providing specialist personnel to maintain and support facilities.
A five-well work scope will be novated to PTTEP for drilling and plugging and abandonment activities at the Kikeh field offshore Sabah, with a total estimated duration of 116 days and expected commencement of the first well in November 2022.
PGNiG and Equinor ASA group companies have concluded gas sales agreements for natural gas from the Norwegian Continental Shelf.
The contract covers pipelay for a 30 km tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as an associated riser, spoolpieces, subsea structures, and umbilicals.
Increasing investments in?network?infrastructure, rising?demand for oilfield communications?from oil and gas operators to scale the production of mature?oilfields, and rising technological advancements for?communication?across?oilfields?are expected to drive the?adoption of the oilfield communications market.
Zenith Energy has announced presented an offer to the relevant Ministry in the Republic of Benin for the award of an initial nine-year licence to operate Block 1 containing the Sèmè oilfield, offshore Benin.
Oilfield equipment, trucks, heavy equipment, and other items were auctioned in person and online. With over 71 000 catalogue views, 498 lots were sold over a single day auction, totalling over US$30 million.