Oil & Gas News

On behalf of the Troll partners, Equinor has awarded Aker Solutions a front-end engineering and design contract (FEED) for topside modifications to accommodate power from shore at the Troll B and C platforms.

Equinor and its partners in the Statfjord area have identified and approved plans to extend production from the field towards 2040. A new business plan will ensure even higher use of resources, extract more value from the field, and allow plans for decommissioning Statfjord A in 2022 to be deferred.

Eni reports the start-up of its offshore Agogo oilfield, situated in the 15/06 Block in the Angolan waters. The start-up takes place just nine months after its discovery thanks to the operational synergies facilitated by the Floating Production Storage Offloading (FPSO) Ngoma, West Hub production center, situated 15km from the oilfield.

Maersk Drilling has been awarded a contract for the 7th generation drillship Maersk Valiant which will be employed by Noble Energy for a one-well campaign offshore Colombia. The contract is expected to commence in Q3 2020, in direct continuation of the rig’s previous contract. The contract has an estimated duration of 65 days and a contract value of USD 18.2m, including mobilization and demobilization fees.

The Arctic region is largely under-explored due to its cold, harsh climatic conditions, frozen seas and lack of investment in infrastructure development. However, this picture is gradually changing. Dwindling oil and gas reserves worldwide is raising the case for exploration and production (E&P) companies to venture into the Arctic in search of hydrocarbons, according to GlobalData, a leading data and analytics company.

Subsea 7 has been awarded a very large(1) contract by Woodside(2) to Subsea Integration Alliance(3) for the Sangomar Field Development Phase-1 project located in the Sangomar Offshore and Sangomar Offshore Deep oil blocks, offshore Senegal. This contract was initially awarded in December 2018 subject to final investment decision, which has now occurred.

The Bureau of Safety and Environmental Enforcement announced today that for the first time in history, oil production from the Gulf of Mexico exceeded 2 million barrels per day in August 2019. This record average daily production in the Gulf of Mexico followed on the heels of a record-setting 2018 for the entire Outer Continental Shelf (OCS), when a total of more than 640 million barrels were produced in federal waters.

Deep Down, Inc. a specialist in subsea oil and gas production control equipment and services, has received orders from two independent oil and gas operators for emergency umbilical repairs. Both projects include design, engineering and the manufacture of associated umbilical accessories.

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