Upstream news

The company has completed more than 300 measurements campaigns in the North Sea across a decade of digital twin technology.

The released batch of crude oil was mostly bought and stored in the period from April to May 2020, coinciding with the oil price crash last year. Hence, a relatively low transaction price is expected.

The US$635 million bridge loan facility will be fully drawn in the coming days to finance the ongoing construction of the FPSO Almirante Tamandaré.

The sale is for a base consideration of US$646 million and additional payments of up to US$280 million between 2021 and 2024.

The winning ideas will be allocated a share of the £1 million prize fund, to complete the proposed work by 31 March 2022.

The TAQA operated P15-D platform at the Q10-A gas field in the Dutch North Sea has resumed normal operations following a maintenance shutdown.

A Rystad Energy report shows that the seismic fleet’s hibernation is now over, as vessel utilisation has recovered to pre-Covid-19 levels in 3Q21.

AqualisBraemar will provide 3rd party review and approval of marine operations relating to the following: hull construction in Korea, transportation from Korea to Singapore, topside module transportation and integration in Singapore, installation of the STP buoy and moorings, and tow to field and offshore hook-up of the FPSO.

Executed by the MDL Asset Maintenance & Engineering division, the scope covered complete project management and engineering of a hydraulic control system for Clevis Tensioning Units.

Halliburton will provide well services on Chariot's planned Anchois gas appraisal well offshore Morocco.