
Hess sets 2021 budget of US$1.9 billion
Most of the company's 2021 budget will be allocated towards operations in Guyana.
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Most of the company's 2021 budget will be allocated towards operations in Guyana.

The contract is set to commence in 3Q21 with a duration of one firm well plus eight optional wells.

Baker Hughes will support Petrobras’ offshore platforms and FPSOs with software and hardware solutions.

Subsea 7 will construct and install a platform system for Cabinda Gulf Oil in Block-0 offshore Angola.

JDR will manufacture and supply a 2.7 km long subsea production umbilical for the Ledang Redevelopment Segment 2 project, offshore Malaysia.

A Final Investment Decision has been taken on the North El Amriya and North Idkunea (NEA/NI) concession subsea tieback project.

30 companies, including Equinor, Wintershall Dea, Lundin Energy, and Neptune Energy, have received offers of ownership interests in a total of 61 production licences on the Norwegian Shelf.

The contracts are awarded for a fixed period of around five years from May 2021.

The five-year consolidated services contract will see Wood work to extend field life, lower costs, and reduce late life carbon intensity.

SIAD Macchine Impianti has designed and built a booster compressor for a FPSO operating in the offshore marine area of Foinaven, to the west of the Shetland Islands.

OSSO, formerly Centrifuges Un-limited, the specialist fluid temperature control and separation solutions provider, has appointed James Scullion as CEO.

The contract was first announced in Maersk Drilling’s May 2020 Fleet Status Report.