Upstream news

The capital expenditures for the project are estimated at NOK 7.8 billion, helping extend the productive life of the Troll field beyond 2050.

This FID adds momentum to Shell’s North Sea production growth, following the decision to redevelop the Penguins field in the northern North Sea.

Panoro Energy has announced that following the progress on commissioning, the Floating, Production, Storage and Offloading (‘FPSO") vessel, BW Adolo has now left Singapore and is in route to the Tortue field, part of the Dussafu block offshore Gabon.

BP and its partners in the Shah Deniz consortium have announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey.

Chrysaor is focused on the development and commercialisation of dormant oil and gas discoveries and incremental reserves. The company acquired stakes in 10 North Sea fields from Shell last year.

The framework covers four main scopes of work; marine riser and wellhead systems analysis, analysis for wellhead fatigue monitoring, completion landing string analysis, and open water work-over riser analysis.

The contract covers the Engineering, Procurement and Construction of subsea equipment including 9 subsea tree units as well as wellheads, subsea control systems, connection systems and associated equipment.

Triangle’s Managing Director, Mr Rob Towner, said Triangle had invested significant time and resources to undertake the integrated program of full field re-modelling and subsurface re-interpretation.

The bid round, scheduled to close on September 28, offers four blocks in Brazil’s pre-salt area, but three of these were already offered in previous rounds and received no bids.

Trinidad Drilling Ltd. (Trinidad or the Company) has announced an award in Kuwait for two Trinidad Drilling International (TDI) joint venture rigs on a five-year contract.