
Noble Corp. to divest four jack-up rigs for US$292 million
The Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight, and Noble Johnny Whitstine are to be sold and the current drilling contracts novated to ADES.
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The Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight, and Noble Johnny Whitstine are to be sold and the current drilling contracts novated to ADES.

According to Vaalco, compared to the current FPSO solution the Cap Diamant FSO will reduce storage and offloading costs at the Etame field offshore Gabon by almost 50%, as well as lower total operating costs by approximately 17% to 20% through to 2030.

The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth, with around 250 ft (gross) gas-bearing B & C sandstones present.

The wellhead platform will be an unmanned installation, located in 90 m water over the Dorado oil and gas field in the Bedout Sub-basin.

The overall aim is to increase production and extend the lifetime of the Valhall wells by reducing scaling caused by sulfate.

The TCP Flowline and Riser joint industry project will see Strohm develop, qualify and test its composite pipe technology with the two operators to make it fully field-proven and commercially available to the oil and gas industry.

The discovery of the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block, offshore Gabon, will add to the gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 105 million barrels gross.

The FPSO Carioca has started producing oil and natural gas from the field, located in the Santos Basin.

The Luda 6-2 oilfield is expected to reach its peak production of approximately 10 000 bpd in 2022.

Frontera Energy Corp. and CGX Energy expect the Kawa-1 well to reach total depth in the first half of December 2021.

ADNOC has signed framework agreements with AMEC International Ltd, Fluor, McDermott, Mott MacDonald, SNC-Lavalin International Arabia Limited – Abu Dhabi, Technip Energies, Worley, and a joint venture between Tecnicas Reunidas and NPCC.

The acquisition includes approximately 8400 boe/d (51% oil and NGLs) of predictable low-decline production and 79.5 million boe of 2P reserves.