Upstream project news

The agreement will support Rosneft’s commitment to reduce upstream emission intensity by 30% by 2035.

The companies will carry out exploration work at the North-Vrangelevskiy licence area located in the eastern part of the East Siberian Sea.

Completion of phase 2 of the 11 000 km2 UK Mid North Sea High 3D seismic survey, expected in mid-October, will increase the programme survey area six-fold.

Talos Energy has said that it expects the Tornado Attic well to produce approximately 8000 - 10 000 boe/d gross (approximately 80% oil) once online.

In order to maintain the same level of production in the mid-term, the country needs to stimulate the exploration sector and pour investments in less explored areas such as deepwater offshore T&T, says GlobalData.

The job scope involved providing a safe and consistent platform to stack up/rig up wellbore pressure control equipment above the drill floor of an offshore drilling vessel to allow the service provider to place an injector unit on the platform.

Maersk Drilling has been awarded a two-well contract extension by Karoon Energy, while TechnipFMC will carry out engineering, procurement, construction and installation of subsea trees, flexible pipes and umbilicals.

The FPSO will be the first application of MODEC's “M350 Hull”.

The Satellite Cluster Project scope for Reliance Industries included subsea pipelines and the installation of jumpers, umbilicals, in-line structures, pipelines, subsea manifolds and associated structures and pre-commissioning of pipelines and umbilicals.

The combined value of the awards is approximately US$550 million and will account for 13 years of contract backlog.