Upstream news

INEOS acquires 61.5% of the Syd Arne oilfield, currently operated by Hess, which complements the 36.8% share INEOS already holds in the field. INEOS will also acquire 4.8% of the Solsort field, which is already operated by INEOS.

The work is expected to commence in the first half of 2022 in direct continuation of the semi-submersible rig Maersk Discoverer’s contract with Shell Trinidad.

Yinson and Enauta are aiming to complete negotiations on the supply and charter of a FPSO unit by 2Q22.

Once delivered from the shipyard, the Deepwater Atlas is expected to commence operations at the Shenandoah project in 3Q22, with the initial drilling programme expected to last approximately 255 days.

The Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight, and Noble Johnny Whitstine are to be sold and the current drilling contracts novated to ADES.

According to Vaalco, compared to the current FPSO solution the Cap Diamant FSO will reduce storage and offloading costs at the Etame field offshore Gabon by almost 50%, as well as lower total operating costs by approximately 17% to 20% through to 2030.

The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth, with around 250 ft (gross) gas-bearing B & C sandstones present.

Jonathan Abbott will be based in Tendeka’s Aberdeen headquarters.

The wellhead platform will be an unmanned installation, located in 90 m water over the Dorado oil and gas field in the Bedout Sub-basin.

The overall aim is to increase production and extend the lifetime of the Valhall wells by reducing scaling caused by sulfate.