Lime Petroleum acquires Repsol's interest in Brage field
According to the Norwegian Petroleum Directorate, there are 3.42 million m3 of oil equivalent or 21.52 million boe of remaining reserves in the Brage field.
Stay up to date with the latest news and updates from the oil industry.
According to the Norwegian Petroleum Directorate, there are 3.42 million m3 of oil equivalent or 21.52 million boe of remaining reserves in the Brage field.
The one-year contract is expected to commence in January 2022.
The contract provides that the drilling rig can be on location in the Etame Marin block as early as December of this year.
3-4 new gas wells will be drilled at the Valemon field in the North Sea in 2021 and 2022, which will extend profitable operations at the Heimdal field.
McDermott will provide installation services at the Shenzi Subsea Multiphase Pumping Project, located at a water depth of 4400 ft.
Transocean has secured work for its Transocean Barents and Transocean Norge drilling rigs.
The HAKURYU-10 rig will operate in the Al Shaheen oilfield from 2Q22.
The live event in Aberdeen will include an in-person socially distanced exhibition, new energy transition keynote conference content, show floor features including Energy Transition Zone and Theatre, Decommissioning Theatre, a TIDE (talent investment & diversity) programme and networking events.
The first trade of certified carbon neutrally produced oil from the Johan Sverdrup field has been completed with GS Caltex in South Korea.
The contract covers integrated waste management services for Aker BP’s Valhall Flank North and Hod B field development projects on the Norwegian Continental Shelf.
TDW completed the isolation working for a major operator through its local partner, Strides Energy & Maritime Ltd.
The contract scope covers the engineering, procurement, construction and installation (EPCI) of the subsea production systems and subsea pipelines.