Upstream project news

Fugro’s field campaign will run from July until August and entails a seabed survey, an environmental survey and a soils investigation.

The company has signed the deal with Omni Offshore Terminals, which could last for up to 11 years.

The company is targeting first oil of 4000 bpd from the field, offshore Nigeria, in 2H21.

The reimaged seismic data set, covering over 9300 km2, will be accessible to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block in the Santos Basin.

The Uaru-2 discovery will add to the gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels.

Explor has recently completed the first three-component seismic survey with STRYDE nodes, following the development of a mechanical convertor to enable attachment in either single- or three-component configuration.

The total contract value is contingent on the final investment decision for the Bacalhau field, offshore Brazil.

The approximately US$9 billion West Nile Delta development includes five gas fields across the North Alexandria and West Mediterranean Deepwater offshore concession blocks in the Mediterranean Sea.

The work scope, which will support Total’s ongoing offshore exploration activity as operator of Block 58 offshore Suriname, sees ASCO Trinidad provide onshore logistics, pipe yard, plant and procurement services, as well as specialist lifting and training activity.

Installation of both platforms is scheduled to be completed before the end of 2Q21, in preparation for first gas in late 3Q21.