Lundin Energy sells oil certified as carbon neutrally produced
The first trade of certified carbon neutrally produced oil from the Johan Sverdrup field has been completed with GS Caltex in South Korea.
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The first trade of certified carbon neutrally produced oil from the Johan Sverdrup field has been completed with GS Caltex in South Korea.
TDW completed the isolation working for a major operator through its local partner, Strides Energy & Maritime Ltd.
The contract scope covers the engineering, procurement, construction and installation (EPCI) of the subsea production systems and subsea pipelines.
Recoverable resources from the discovery in production licence 554 are estimated at between 1.3 and 3.6 million m3 of oil equivalent, corresponding to 8-23 million boe.
The FPSO will be deployed in the Búzios field offshore Brazil.
The award is from an undisclosed company, with the project anticipated to start in 4Q21.
Oil Dynamics GmbH recently installed and started up two new ESP systems near Hannover in Germany.
The technology, developed by PaleBlue and used to train astronauts travelling to the International Space Station, will reduce the need for offshore travel, lower costs and associated emissions and support safe operations.
The company has said that the volumes flowed during the test are equivalent to over 10 000 boe/d.
The contract was awarded by Technip Energies as part of the Greater Tortue Ahmeyim project on the maritime border of Mauritania and Senegal.
The wildcat wells were drilled in production licence 090 in the northern North Sea.
The total estimated value of the contract extension, based on current activity level, is expected to be US$200 million.