Upstream project news

Drilling is expected to commence within the next week after allowing for towing and set up.

Rami Khrais, Oil & Gas Analyst at GlobalData, has said that the project will be one of the largest oil developments seen in Africa over the last 20 years, expecting to recover over 1.5 billion barrels of oil.

JDR’s thermoplastic umbilical system will allow Beach Energy to increase production from its Otway Gas Plant and deliver a new supply of gas to Australia’s East Coast.

The extended contract covers 2 drilling rigs, 13 workover units and 13 pulling units on Pan American’s Cerro Dragon field in the Golfo San Jorge basin in southern Argentina.

The well was drilled about 65 km northwest of Florø and about 60 km north of Gjøafeltet in the northern part of the North Sea.

The two-month programme covers the Keraudren North Extension with an area of approximately 680 km2 in the Bedout Basin, and the Petrel Sub-Basin 3D survey of approximately 1100 km2.

The increased production is due mainly to production start-up from the Gjøa P1 infill development in February and the Duva field tie-back in August.

Deployed to support a major Saudi operator, the expandable technology was brought in when water ingress on a producing well led to decreased oil recovery.

Vår Energi and Lundin Energy Norway have joined Shearwater and Equinor to accelerate the development and commercialisation of a sustainable marine vibratory source technology.

The contract covers flexible and rigid pipe, umbilicals, pipeline end terminals, rigid jumpers, umbilical termination assemblies and a mooring system.