Upstream news

The main objective of the well was to test the reservoir properties and hydrocarbon potential of the Jurassic and Permian formations in the frontier Froan Basin.

The company is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO life extension has now been signed.

The three-year contract, which comes with the option of a two-year extension, will include skip and ship and solids control to manage and process drill cuttings.

Oceaneering will retain its existing contract on one of Petrofac’s Duty Holder assets, while expanding its service scope to include two additional North Sea facilities.

The company’s Brazilian entity, SC Caprock, has secured a new multi-year contract extension to provide high-throughput satellite communications onboard an FPSO offshore near Rio de Janeiro.

The company has appointed Phil Cooper as its corporate development director to support the continued growth of the company.

Fully assembled and tested, the topside for the Johan Sverdrup processing platform is leaving the Samsung Heavy Industries yard on time, below budget and with no serious incidents.

The prospect is located 33 km south east from the Eni-operated Jangkrik field and just 3 km east of the Merakes Field.

Equinor and Ocean Installer have signed a contract that covers the FPSO mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Barents Sea.

The Atlantic region has recently been awarded three new contracts in the North Sea.