Equinor: 4.7 million bbls more Troll oil with new gas module
A new gas module has been put on stream on Troll B, boosting the oil production and processing capacity on the Troll field.
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A new gas module has been put on stream on Troll B, boosting the oil production and processing capacity on the Troll field.
The company has signed five contracts for FPSO vessels offshore Brazil.
Maersk Invincible has completed the plug and abandonment (P&A) programme of wells at the Valhall field centre.
Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on the impact on the oil and gas sector.
The contract is expected to commence the first quarter of 2019.
This offering expands on the capabilities of current dissolvable plugs, but with a larger internal diameter and less mass for greater efficiency.
The company, through its 51%-owned joint-venture with PetroVietnam Technical Services Corporation, has been awarded a time charter contract by Idemitsu Kosan Co., Ltd. for the provision of a Floating, Storage and Offloading Vessel in Vietnam.
Mr. Stash most recently served as a Managing Director at Regions Securities, focused on the energy sector.
The companies signed two agreements which include an exclusive partnership for offshore exploration in Algeria in a virtually unexplored geological province.
The award is through Ross Offshore Well Management AS, which Claxton will support with equipment delivery.
Wells 35/11-21S and 35/11-21A were drilled in production licence Pl248I where Wellesley holds a 60% operated interest.
The company, and partners ENI and Petoro, have completed the Skruis exploration well in the Johan Castberg licence. The well confirms a volume of 12-25 million recoverable bbls.