Upstream project news

Resources for the Bergknapp oil discovery are estimated at 40 - 84 million boe after appraisal.

Bourbon will support exploration campaigns offshore Namibia and Sao Tomé.

Part of the campaign involved the heaviest and largest jacket launch in Vietnam at 372 ft (113.4 m) water depth.

A programme of brownfield modifications, maintenance and inspection activities will be supported by Bibby Marine’s WaveMaster 1 vessel, reducing time, costs and environmental impacts.

First production from the well in the UK North Sea was achieved on 23 August.

The potential of the discovery can be preliminarily estimated at between 1.5 and 2 billion barrels of oil in place and between 1.8 and 2.4 trillion ft3 of associated gas.

Estimated recoverable reserves from Solveig are 9.2 million m3 of oil equivalent in Phase 1.

Aker BP’s preliminary resource estimate for the discovery was between 13 and 32 million m3 of recoverable oil, but this is likely to be downgraded.

MAN Energy Solutions’ scope of work for the Jansz-Io project comprises the supply of five Subsea HOFIM compressor units.

Vaalco Energy has said that the new agreements with World Carrier Offshore Services Corp. to replace the existing FPSO at the Etame field with a Floating Storage and Offloading unit (FSO) will significantly reduce storage and offloading costs by almost 50%.