Upstream news

Esso Australia has made a final investment decision to develop additional gas from the Gippsland Basin Kipper field.

Production was temporarily shut down last month due to a faulty component in the Rhum Subsea Control Module that has now been replaced.

It is expected that, post-clean up, the MSD-25 infill development well will achieve a stabilised gross production rate of c.300 bpd, which is in line with pre-drill estimates.

The award for cementing services takes the total value of ADNOC’s drilling-related framework agreements and procurement awards since November 2021 to over US$8.5 billion.

The operations offshore Norway are expected to start from the end of 4Q22, upon termination of the works in which the Scarabeo 8 rig is currently engaged.

From the anticipated closure date of 30 March 2022, certain Oceaneering staff based in Norway will transfer, along with decommissioning assets including well and pile abrasive cutting and recovery systems and associated tooling.

The contract, with an unnamed client, could see the harsh environment jack-up rig Maersk Resolve employed in the UK sector of the North Sea for the majority of 2022.

IOG has started up the Elgood and Blythe gas fields in the UK North Sea this week.

The integrated project scope encompasses drilling rigs and technologies and services, including drill bits, measurement while drilling and logging while drilling, drilling fluids, cementing and completing wells.

Joint efforts by FAR and operator Petronor to farm down their interests in the Esperanca Blocks 4A & 5A and Sinapa Block 2 offshore Guinea-Bissau have been unsuccessful.