Neptune Energy acquires interest in Pegasus West discovery
Pegasus West in the UK Southern North Sea was discovered in 2014 and is currently operated by Spirit Energy.
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Pegasus West in the UK Southern North Sea was discovered in 2014 and is currently operated by Spirit Energy.
Baker Hughes will supply Petrobras with up to five subsea production and injection manifold systems for the project.
The first ever pressure-containing component to be produced using Wire Arc Additive Manufacturing technology (WAAM) was successfully ran on Total’s Elgin-Franklin rig in the North Sea.
The company will acquire interests in four licences, two of which will be operated by the company, for a total initial headline cash consideration of US$9 million.
ABB is to deliver automation solutions for the Krafla oil and gas field development.
The contract, signed with Empyrean Energy, will see AGR provide offset analysis and detailed well design engineering to ensure safe project delivery.
Fugro’s field campaign will run from July until August and entails a seabed survey, an environmental survey and a soils investigation.
The company has signed the deal with Omni Offshore Terminals, which could last for up to 11 years.
The company is targeting first oil of 4000 bpd from the field, offshore Nigeria, in 2H21.
The reimaged seismic data set, covering over 9300 km2, will be accessible to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block in the Santos Basin.
The Uaru-2 discovery will add to the gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels.
The total contract value is contingent on the final investment decision for the Bacalhau field, offshore Brazil.