Upstream news

According to the new analysis commissioned by the Ministry, approximately 90% of South Sudan’s oil and gas reserves remain unexplored.

Through the agreement with Medra Arabia, OSSO will provide clients with direct access to its rental fleet of equipment, along with rig site support and heat transfer solutions.

CGG has been awarded a subsurface imaging contract in the Barents Sea by Lundin Energy Norway.

The work consists of pre-laying 24 torpedo anchors offshore Rio de Janeiro, Brazil, at the Mero 2 Project.

Of the total 448 km of flexible lines required for the Marlim and Voador field revitalisation project, 280 km were contracted with NOV and 168 km with Baker Hughes.

The programme includes approximately 6175 km2 of reprocessed 3D seismic data from the mature, hydrocarbon-producing areas of South Timbalier, Grand Isle and Ewing Bank.

The latest preliminary estimates from the King and Prince exploration wells show volumes between 60-135 million barrels of recoverable oil equivalents.

Oil production in May was 4% higher than the Norwegian Petroleum Directorate’s forecast, and 1.2% higher than the forecast so far this year.

The acquisition will enable Proserv to target greater service activity within gas and petroleum processing plants, so extending its current predominant focus on upstream support, both on and offshore, into midstream and downstream areas.

Facilities to be installed include a five-mile offshore lateral pipeline build from the Shenandoah platform in the Gulf of Mexico to Discovery’s existing Keathley Canyon Connector pipeline, and additional onshore processing facilities to handle the expected natural gas production.