Upstream project news

The Bozhong 24-9 oilfield in the Bohai Sea is expected to reach its peak production of approximately 22 500 bpd in 2022.

The joint venture will be based in Baku, Azerbaijan, and will focus its business development and operations both on onshore and offshore Azerbaijan.

Neptune Energy has signed an operated exploration licence with the Egyptian General Petroleum Corporation (EGPC) for Egypt’s North West El Amal offshore concession.

The ultra-deepwater drillships Noble Bob Douglas, Noble Tom Madden and Noble Don Taylor, which are currently executing drilling assignments for ExxonMobil offshore Guyana, are included in the framework agreement, and other drilling rigs may be added to the agreement.

Aker BP will hold a 35% interest in licence 838, which contains the Shrek discovery, and a 88.0825% interest in licence 127C, which contains the Alve Nord discovery and the Alve NE prospect.

Oceaneering is to provide comprehensive riserless light well intervention services offshore Angola in Blocks 18 and 31.

Petrofac has signed an exclusive partnership agreement with MODS, a digitalisation and dimensional control service company, to deploy its flagship product ‘Virtual Manager Enterprise’ (VME) at scale in the North Sea.

The company is to design and support installation of a Sea Swift offshore platform off the coast of Angola.

The company is to deliver a 10 km length of thermoplastic composite pipe (TCP) to a supermajor in West Africa.

A new gas module that was recently put onstream on the Troll C platform will accelerate and boost production from Fram by substantial profitable volumes.