
Rystad Energy forecasts seven FPSO awards in 2021
Similar to the previous downturn, awards for FPSO vessels are set to recover next year, with seven projects likely to be sanctioned according to Rystad Energy.
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Similar to the previous downturn, awards for FPSO vessels are set to recover next year, with seven projects likely to be sanctioned according to Rystad Energy.

The contract is for new water treating facilities for North Caspian Operating Company (NCOC) in Atyrau, Kazakhstan.

Mexico's energy ministry has said that Pemex and Talos Energy have 120 working days to present a unification agreement to jointly develop the Zama reservoir in a way that would maximise its value.

Oceaneering will supply 3-in. M5 connectors, which will be used for monoethylene glycol (MEG) and chemical inhibitor (CI) service on the field subsea distribution system.

The aim of the portfolio agreement is to ensure a holistic approach to planning and execution of projects at the Oseberg fields in the North Sea.

The fracture stimulation of the Vali-1 ST1 well, which is to be followed by flow testing, is expected to commence on 12 July 2020.

Production from the Lancaster field was 1.3 million bbl in 2Q20, compared to 1.4 million bbl in 1Q20.

The company will deploy its SonicGauge™ Wireless Monitoring System in onshore gas fields in Asia for a supermajor.

Preliminary estimates place the size of the discovery between 3 and 10 million m3 of recoverable oil equivalents. The licensees will consider following up the discovery in an overall assessment of the area.

Petrobras has started to decommission platform P-12 in the Campos Basin.

Designed to provide real time pressure and temperature data anywhere in the well, the Instrumented Tubular Plug has been qualified for use on high pressure high temperature wells.

Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development.