Equinor project costs increased by COVID-19
Equinor has said that the COVID-19 pandemic has interrupted the development of Norway's offshore oil and gas projects, pushing up costs and postponing startups.
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Equinor has said that the COVID-19 pandemic has interrupted the development of Norway's offshore oil and gas projects, pushing up costs and postponing startups.
A letter of intent has been issued to Odfjell Drilling and the Deepsea Aberdeen rig for drilling of 15 wells for the Breidablikk group.
The transaction gives Lundin Energy a 10% working interest in the major Wisting oil discovery.
Equinor has conducted a controlled closure of the Gudrun, Gina Krog, Kvitebjørn and Valemon fields.
The company will begin acquiring and processing new 3D seismic data in 4Q20.
SBM Offshore will construct, install and then lease and operate the Prosperity FPSO for a period of up to two years, while TechnipFMC will manufacture and deliver the subsea production system.
Maersk Drilling will drill two development wells for Dana Petroleum in the Dutch sector of the North Sea in 2Q21.
Payara is the third project in the Stabroek Block and is expected to produce up to 220 000 bpd after startup in 2024, using the Prosperity FPSO vessel.
The Terminator system has been used to successfully cut a subsea wellhead from an abandoned exploration well owned by Wintershall DEA in Norway.
The Duva field is being developed as a subsea installation with three oil producers and one gas producer, tied-back to the Gjøa semi-submersible platform.
The orders comprise marine pumping systems for crude oil offloading, produced water, slop and ballast duties.
The 29-1 field is tied into the existing infrastructure at the Liwan Gas Project, which includes the Liwan 3-1 and Liuhua 34-2 fields within Block 29/26, approximately 300 km southeast of the Hong Kong Special Administrative Region.