Upstream project news
Oil Dynamics make presentation on geothermal ESP applications at Praxisforum Geothermie
The company is currently working on several geothermal projects in Bavaria, Germany.
Sembcorp Marine awarded FPU construction and integration contract for Shell’s Whale Field development in Gulf of Mexico
The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25 000 t. Slated for completion in 2022, it will operate in the Alaminos Canyon Block 772.
Aker BP, Schlumberger and Stimwell Services establish well intervention and stimulation alliance
Through collaboration, innovative technologies and digitisation the newly formed alliance endeavours to transform conventional intervention operations with clear targets of propelling hydrocarbon production on new and existing assets on the Norwegian Continental Shelf.
Fluor awarded engineering services contract by KPO in Kazakhstan
Fluor’s scope of work at the Karachaganak field in Kazakhstan includes feasibility studies, front-end engineering design and other engineering services.
Petrobras signs agreement with Emerson to streamline software deployment and reduce deepwater operations costs
Under the terms of the agreement, Emerson will provide dedicated servers and associated hardware infrastructure to Petrobras and manage those systems on its behalf.
Study finds international E&P companies struggling to profit from offshore investments
A study by Rystad Energy has concluded that offshore projects sanctioned between 2010 and 2012 have barely been able to generate any value for E&P companies.
BW Energy releases revised plan for Ruche Phase 1 development
Under the revised plan, estimated gross production from Ruche phase 1 offshore Gabon is forecasted to double from 15 000 bpd to 30 000 bpd.
Maersk Drilling to drill subsea development well at Columbus Development
The contract is with Serica Energy and is expected to commence in 4Q20.
FAR releases economic data for development of SNE oilfield offshore Senegal
FAR has said it believes the project will deliver the company a net 13 670 bpd of oil production at US$$11/bbl OPEX, with an unlevered project internal rate of return in excess of 30%.
Dolphin Drilling wins contract extension and agrees to enter multi-year strategic alliance with i3 Energy
Following completion of the latest work for i3 Energy, the Borgland Dolphin will go straight to the Knarr field on the Norwegian Continental Shelf.