Drilling begins at Jade prospect offshore China
The Jade prospect has a GCA audited mean in place potential of 225 million bbl and a P10 in place upside of 395 million bbl.
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The Jade prospect has a GCA audited mean in place potential of 225 million bbl and a P10 in place upside of 395 million bbl.
Aker BP, which operates the field, and partner Pandion Energy expect Hod to produce 40 million barrels of oil.
The harsh environment jack-up rig Maersk Resolute will be employed to plug and abandon a total of 31 wells in the Dutch sector of the North Sea.
Based on preliminary estimates the size of the discovery is between 25-50 million bbl of recoverable oil equivalent.
Siemens Energy will supply both the power generation and compression packages for the Petrobras-operated P-78 FPSO.
Gas production will be doubled from the Duva field in the North Sea, enabling an increase of 6500 boe/d from the first half of April.
The transaction includes the undeveloped Cambo and Rosebank fields in the UK North Sea.
Equinor and partner Cenovus Energy have not yet made a final investment decision on whether to build the Bay du Nord offshore project.
The offshore works saw the recovery of 135 concrete mattresses, more than 12 km of rigid pipelines, 15.5 km of flexibles, and around 1500 grout bags.
The agreement, the first well services contract between the companies, includes well integrity remediation services and SCP mitigation.
TGS has announced a new 3D seismic survey in partnership with Schlumberger.
SBM Offshore will construct, install and then lease and operate the ONE GUYANA FPSO for a period of up to 2 years.