Upstream news

The extension covers all the rigs which Archer is currently the incumbent contractor for, which include Statfjord A, B and C, Gullfaks A, B and C, Grane, Njord, Sleipner A, Snorre A and B, and Visund.

MacGregor’s offloading systems will play a critical role in ensuring the safe and efficient discharge of oil from the FPSO to a shuttle tanker.

The new multimodal supercentre has been built together with Baker Hughes’ existing completion warehouse and liquid mud and completion fluids plant, providing full support to customers in Guyana and Suriname.

The contract supports a 270-day campaign on the installations and will start in March 2022, creating 300 fixed-term positions.

The company's Aberdeen office has been given funding for full pre-production testing of its pseudo dry gas liquid removal system.

Production at the Liza Unity FPSO vessel is expected to reach its target of 220 000 barrels of oil later this year.

Start-up is expected during 2Q22 and the project will run for approximately 1 month.

The project, in support of India's licence round schedule, encompasses over 250 000-line km of existing 2D data across an area of over half a million km2 offshore India's east coast.

TotalEnergies will resign as operator of the North Platte deepwater project in the US Gulf of Mexico.

In 4Q21, the oil and gas industry saw an increase of 77% in overall contract value.