The Norwegian Ministry of Petroleum and Energy has approved the plan for development and operation of the Equinor-operated Johan Sverdrup Phase 2 project.
Equinor has awarded drilling service contracts valued at around NOK2.5 billion ($286 million) in total for new and existing field developments offshore Norway.
Floating platform technologies will become increasingly important as global energy markets turn to offshore wind systems to meet demand for renewable energy, said a Stanford University official at the recent Offshore Technology Conference in Houston.
The government of Mozambique has approved the development plan for the Rovuma LNG project, according to Mozambique Rovuma Venture.
Petrobras has awarded McDermott International an EPCI subsea contract for the first-phase Sepia field development in the presalt Santos basin, 174 mi (280 km) offshore Rio de Janeiro state.
Equinor has permission from the Norwegian Petroleum Directorate to start operations at the Trestakk field in license PL091 in the Norwegian Sea.
Mozambique LNG1, the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a sale and purchase agreement with Japan’s JERA and CPC Corp., Taiwan.
Refurbishment and upgrades continue on the production barge for KrisEnergy’s Apsara oilfield development in Cambodia’s offshore block A.
Hurricane Energy says first hydrocarbons have flowed into the process system of the FPSO Aoka Mizu west of Shetland.
Growing demand for petroleum products will spur offshore activity in the near term, says Gerbert Schoonman, Vice President, Global Production—Offshore, Hess Corp.
Predator Oil & Gas Holdings has issued a prospective resources update and conceptual development plan for the Ram Head gas field offshore southern Ireland.
Esso Exploration and Production Guyana has awarded contracts for the next phase of the Liza field development in the Stabroek block offshore Guyana.
Wintershall DEA’s Maria field in the Norwegian Sea has undergone a 71% downward revision to the 207 MMboe of reserves estimated at sanction following underperformance, according to consultant Westwood Energy.
Drydocks World has finished construction of the fifth wellhead platform for Dubai Petroleum’s AQAM field development offshore the UAE.
ConocoPhillips Australia has awarded Technip Oceania Pty Ltd. an EPC contract to supply the subsea production system and associated installation support for the offshore Barossa project.
Aker BP and its partners in the Valhall field in the southern Norwegian North Sea have taken a final investment decision for the first phase of the Wellhead Platform Production Recovery project.
BP has awarded KBR’s UK subsidiary an engineering, procurement, and construction management contract for Greater Tortue Ahmeyim project offshore Mauritania and Senegal.
ADNOC has contracted McDermott International to provide front-end engineering design services for phase one of the Umm Shaif gas cap condensate development offshore Abu Dhabi.
Gas production from the South Pars field in the Persian Gulf should increase by 60 MMcm/d by end-March 2020, according to news service Shana.
The Norwegian Continental Shelf is expected to remain a viable offshore oil and gas play for many years to come, but future E&P opportunities will not be without challenge and difficulty.
IPC has added a well on the Keruing prospect offshore Malaysia to this year’s third-phase infill drilling campaign on the Bertam field.
Nexans has a Eur10-million ($11.2-million) contract to provide a power umbilical for Equinor’s latest life extension program for the Vigdis field in the Norwegian North Sea.
There is plenty of life remaining in the offshore sector over the decade ahead, according to analyst Rystad Energy.
ADNOC and its partners in the offshore Upper Zakum oilfield have awarded a front-end engineering design contract to increase the production capacity to 1 MMb/d by 2024.