
Further investment in Åsgard field announced
Just under NOK1.4 billion will be invested to further develop the field and implement the Åsgard B low-pressure project.
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Just under NOK1.4 billion will be invested to further develop the field and implement the Åsgard B low-pressure project.

The company will be owned 50-50 by Baker Hughes and Akastor and will be managed from current offices in Houston, Texas, US, and Kristiansand, Norway.

Workstrings was called upon to supply the CTM26 drill pipe as an alternative to coiled tubing in the multi-phase project to decommission approximately 29 000 ft of 10 in. x 6 in. insulated pipeline in the Gulf of Mexico.

Imrandd will apply in-house data analytics software, integrity and inspection solutions to support Apache’s continued commitment to safe and efficient asset management.

The scope will see Vysus Group perform various safety studies, from hazard identification studies to carrying out consequence modelling and quantitative risk analysis.

US natural gas production — as measured by gross withdrawals — averaged 111.2 billion ft3/d in 2020, down 0.9 billion ft3/d from 2019.

The contract covers the Khaleesi/Mormont and Samurai fields in the US Gulf of Mexico.

Oil prices stated the day with optimism after several days of trimming February gains, as markets hope for positive news from this month’s coming OPEC+ meeting.

The contract is with a marine vessel owner and operator for deeper water well intervention projects, mainly in the Asia-Pacific region.

2021 is forecast to see a bump in both field starts and final investment decisions across the Europe, Middle East and Africa (EMEA) region, says GlobalData.

Due to the challenging field criteria at the site of the FPSO in the Gulf of Mexico, SOFEC developed a first of a kind Disconnectable Tower Yoke Mooring System.

The system attaches to the perimeter frames of helidecks to protect personnel from falling and prevent loose objects from becoming dynamic Drops hazards.