Upstream news

IEC now plans to conduct stimulation work and commence production from the Kruh 26 and Kruh 25 wells in October 2021.

FPSO Sepetiba is to be deployed at the Mero field in the Santos Basin offshore Brazil, 180 km offshore Rio de Janeiro.

The two wells, north of the Edvard Grieg field, have confirmed a combined updated gross resource range of 12 – 60 million boe.

The company has also won long-term work with operators for its swellable packers and sand and inflow control technologies across key energy hubs.

The company is also nearing completion of work for CGG on its North Viking Graben survey.

Pharos Energy has reached an agreement for the farm-out and sale agreement for a stake in the El Fayum and North Beni Suef Concessions with IPR.

The work awarded to the two companies is required to finalise the technical definition of the proposed development prior to Aker BP and its partners making the final investment decision in late 2022.

Halliburton will collaborate with Energean to deliver exploration, appraisal, and development wells offshore Israel.

The Helix Q5000 well intervention vessel and 15K Intervention Riser System have been charted by a major operator in the US Gulf of Mexico.

The engineering design work will include flow assurance definition and design of the subsea system connecting the wellhead platform to the FPSO including the flexible flowlines, dynamic risers and a mid-water arch structure.