Sparrows awarded five-year Tengiz inspection contract
Sparrows Group has secured a five-year contract with Tengizchevroil (TCO) to deliver specialist lifting inspection services for the Tengiz field in Kazakhstan.
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Sparrows Group has secured a five-year contract with Tengizchevroil (TCO) to deliver specialist lifting inspection services for the Tengiz field in Kazakhstan.
The company’s targeted net production for 2020 is 520 million to 530 million boe, of which, production from China and overseas accounts for approximately 64% and 36%, respectively.
The SK408 gas fields are part of discoveries made by SapuraOMV Upstream in a drilling campaign in 2014.
The contract is expected to commence in August 2020 and run through April 2022 with an option to extend.
The project work scope covers the engineering, procurement, construction, transportation and installation of a SURF system and associated subsea production systems (SPS).
Maersk Drilling has been awarded a contract for the 7th generation drillship Maersk Valiant, which will be employed by Noble Energy for a one-well campaign offshore Colombia.
With the approval of the EIA, Strata-X has the clearance to drill and test up to 75 additional wells covering 3 prospecting licenses within the high-grade area of the Botswana CBM fairway.
Based on extensive mapping of the underground the remaining potential of the Statfjord area is still considerable, according to Equinor and its partners.
Royston has completed the overhaul of a critical power system onboard another Bluewater Services operated floating production storage and offloading (FPSO) vessel.
In a two-year deal valued in the region of US$50 million, Petrofac will integrate the services of its Operations, Projects and Well Engineering service lines.
Wintershall Dea Norge AS, operator of production licence 894, is in the process of concluding the drilling of wildcat well 6604/6-1 in the Norwegian Sea, according to the Norwegian Petroleum Directorate.
The company has said it achieved an estimated 2019 total CAPEX of US$300 million and OPEX (ex-lease costs) of US$11/boe, both below original guidance.