Upstream project news

From the beginning of 2021 and up until the end of 2025, Rystad Energy’s exact forecast is for 592 commitments, with growth across all water depth levels.

The extension, in which SDX has a 50% working interest, includes a commitment, irrespective of Brent price, to drill six development wells by 31 December 2022 and one water injection well.

The approximately two-month survey is expected to commence in 3Q21 covering an estimated 2700 km2.

Just under NOK1.4 billion will be invested to further develop the field and implement the Åsgard B low-pressure project.

Workstrings was called upon to supply the CTM26 drill pipe as an alternative to coiled tubing in the multi-phase project to decommission approximately 29 000 ft of 10 in. x 6 in. insulated pipeline in the Gulf of Mexico.

Imrandd will apply in-house data analytics software, integrity and inspection solutions to support Apache’s continued commitment to safe and efficient asset management.

The scope will see Vysus Group perform various safety studies, from hazard identification studies to carrying out consequence modelling and quantitative risk analysis.

The contract covers the Khaleesi/Mormont and Samurai fields in the US Gulf of Mexico.

The contract is with a marine vessel owner and operator for deeper water well intervention projects, mainly in the Asia-Pacific region.

2021 is forecast to see a bump in both field starts and final investment decisions across the Europe, Middle East and Africa (EMEA) region, says GlobalData.