
Proserv and Trendsetter Engineering pen MoU to expand subsea hardware offering
Proserv and Trendsetter will develop solutions for their clients across both brownfield and greenfield projects.
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Proserv and Trendsetter will develop solutions for their clients across both brownfield and greenfield projects.

The project involves the construction of a hydrocarbon collection system and the transport of gas and condensate to the new Jafurah plant, in the Eastern Province of Saudi Arabia.

Both contracts have been signed on a 3-year fixed-term basis, with expected commencement in September 2022.

The sale of its Corrib stake means that Equinor will no longer have an active business presence in Ireland.

The Buzzard Phase II development in the UK North Sea is expected to reach its peak production of approximately 12 000 boe/d in 2022.

The company has won two contracts in Australia and two in Malaysia.

Following completion of the approval process, the Walton Morant licence will run to 31 January 2024.

Drilling is scheduled to commence in March/April 2022 following the rig relocating from nearby activities on Australia's North West Shelf.

The Merlin-2 appraisal well is targeting 652 million barrels of oil in the highly prospective N18, N19 and N20 targets.

Columbus is expected to be producing at its potential by early December.

According to preliminary estimates, the initial oil in place at the discovery in Block 12 reaches 250 million barrels.

The contract covers the Peregrino wellhead platforms and FPSO unit.