
Turkey discovers more natural gas in Black Sea
Turkey has discovered 135 billion m3 of additional natural gas in the southern Black Sea, raising the total discovery in the region to 540 billion m3.
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Turkey has discovered 135 billion m3 of additional natural gas in the southern Black Sea, raising the total discovery in the region to 540 billion m3.

The companies will carry out exploration work at the North-Vrangelevskiy licence area located in the eastern part of the East Siberian Sea.

Completion of phase 2 of the 11 000 km2 UK Mid North Sea High 3D seismic survey, expected in mid-October, will increase the programme survey area six-fold.

Talos Energy has said that it expects the Tornado Attic well to produce approximately 8000 - 10 000 boe/d gross (approximately 80% oil) once online.

In order to maintain the same level of production in the mid-term, the country needs to stimulate the exploration sector and pour investments in less explored areas such as deepwater offshore T&T, says GlobalData.

The job scope involved providing a safe and consistent platform to stack up/rig up wellbore pressure control equipment above the drill floor of an offshore drilling vessel to allow the service provider to place an injector unit on the platform.

Maersk Drilling has been awarded a two-well contract extension by Karoon Energy, while TechnipFMC will carry out engineering, procurement, construction and installation of subsea trees, flexible pipes and umbilicals.

The FPSO will be the first application of MODEC's “M350 Hull”.

The combined value of the awards is approximately US$550 million and will account for 13 years of contract backlog.

The development will include 140 km of rigid risers and flowlines, 40 km of umbilicals and 19 trees, as well as associated subsea equipment, in water depths of approximately 2050 m.

The transaction follows Repsol's sale of producing assets in Russia, the cessation of oil production activities in Spain and the exit from exploratory activity in other countries.

GPR300 is specially designed for deployment in shallow waters down to depths of 300 m.