Upstream project news

The partnership will offer the owners of oil and gas discoveries near Repsol Sinopec’s existing North Sea infrastructure hubs an integrated, technically robust and commercially flexible solution to meet their near to mid-term development objectives.

GlobalData’s latest report, ‘Q4 2020 Global Oil & Gas Industry Contracts Review’, states that the upstream sector reported a total of 815 contracts in 4Q20.

The Maersk Intrepid and Maersk Integrator jack-up rigs were retrofitted with Siemens Energy’s BlueVault lithium-ion energy storage system.

The contracts include awards from Saudi Aramco, Chevron and Petronas.

The project for an unnamed company is expected to start in 2Q21 and run for approximately three months.

The three-month campaign comprises more than 3200 km2 and is expected to commence in 2Q21, employing the Geo Coral.

Equinor has added development drilling of one additional well at the Martin Linge field offshore Norway to the work scope of the Maersk Intrepid.

Petrofac will provide all project manpower to enable the execution of plug and abandonment operations on two of PTTEP’s remaining subsea wells in the Vulcan Basin, located in North West Australia.

The agreement provides LLOG access to Eni and Marubeni Oil & Gas (USA) LLC’s existing subsea infrastructure connected to the Williams-owned Devils Tower Spar in Mississippi Canyon 773 to optimise its development of the Taggart discovery.

ADNOC has awarded the exploration rights for Abu Dhabi’s Offshore Block 4 to Cosmo E&P Albahriya Limited.