Upstream news

The projects in scope are Breidablikk and the Gas Import System for the Snorre Expansion Project, for which contracts have been awarded, and Askeladd Vest, for which a letter of intent has been issued.

Investment in a new £3.5 million engineering assembly and test centre continues with construction reaching a key phase following the completion of the structural steel framework.

A global decommissioning services consortium has substantially strengthened its capabilities with the addition of a specialist heavy lift vessel-owner operator.

iHawk will become Shell’s next generation visualisation software platform for all onshore, offshore and subsea assets, as well as all global construction projects. 

High exploration and production costs in China are undoubtedly driving the companies to take preventive measures by slashing planned investments and cutting operational expenditures.

This process significantly reduces the impact on the environment, when compared to historic methods.

The EPF, a key component in enabling Block Energy to process and sell gas from its West Rustavi field in Georgia, has arrived onsite from Canada.

The company is selling its entire stake in the Atum, Curimã, Espada and Xaréu shallow-water oilfields.

Upstream and midstream activity for the company was down by 5% in 1H20, compared to a 4% increase in renewables activity during the same period.

The pre-defined areas include blocks in the North Sea, Norwegian Sea and Barents Sea.