Field Development News

 

Aker BP Accedes Nine of Ten Offshore Field Plans, as Troldhaugen Project Discontinued

Mar 21, 2023

Norwegian oil and gas company Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, apart from for one. The Troldhaugen project in the Edvard Grieg area, which represents around four percent of the net estimated resources in these projects, has been discontinued. When an offshore field development decision is made in Norway…

AGR Secures Frame Agreement with Petoro for Oil and Gas Work

Apr 02, 2024

Norwegian state-owned company Petoro has awarded a frame agreement to AGR for the provision of independent consultancy and third-party verification studies within subsurface, drilling and wells and field development.Petoro is a state-owned limited…

Optime Subsea to Deliver Two ROCS for Deepest Gas Field Offshore Norway

Mar 21, 2024

Optime Subsea has been contracted by Equinor to deliver two Remotely Operated Control Systems (ROCS) for use at the operator’s Irpa field development in the Norwegian Sea.Optime Subsea will manufacture the two ROCS systems at the company’s headquarter in Notodden…

ADNOC, AIQ, and SLB Launch AI Solution for Field Development, Reservoir Analysis

Oct 26, 2023

ADNOC, AIQ, and SLB said Wednesday they had launched a new AI-driven solution for reservoir analysis and field development, enabling the acceleration of the digital transformation of the energy sector. According to the trio, the Advanced Reservoir…

Subsea 7 Extends Frame Agreement with Aker BP, Securing Four More Years of Collaboration

Jun 06, 2023

Offshore installation services company Subsea 7 on Tuesday announced an extension of its existing frame agreement with the Norwegian oil company Aker BP for four years to the end of 2028. The agreement covers the provision of engineering, fabrication and installation activities for subsea umbilical…

Fugro Bags Offshore Survey Work in UAE

Apr 17, 2023

Dutch offshore survey services firm Fugro has won a site characterization services contract in support of what it said was one of the largest long-term field development programs in the United Arab Emirates.Starting in April 2023, Fugro will conduct multiple offshore surveys…

Aker BP Selects ABL Group for Marine Warranty Survey Services for Offshore Field Developments

Mar 27, 2023

Norwegian oil company Aker BP has awarded a contract to  ABL Group (ABL) for the provision of marine warranty survey (MWS) services for the Yggdrasil and Valhall PWP-Fenris offshore field development projects offshore Norway.ABL’s Stavanger…

Equatorial Guinea, Cameroon Sign Oil & Gas Collaboration Deal

Mar 20, 2023

Teodoro Obiang Nguema Mbasogo, President of the Republic of  Equatorial Guinea, and  Paul Biya, President of the Republic of  Cameroon, have signed a bilateral treaty to see the two West African countries cooperate on cross-border oil and gas development and monetization…

OMV Taps Baker Hughes for Well Construction and Completion Services Offshore Norway

Feb 13, 2023

OMV's Norwegian subsidiary OMV Norge has awarded a 4-year frame agreement to Baker Hughes for integrated well construction and completion (IWCC) services.Between 2023 and 2027, OMV plans to drill three production wells on the Berling field development…

Fugro Wins Survey Deal for Gas Field Project Offshore Brunei

Jan 18, 2023

Dutch offshore survey firm Fugro said Wednesday it had received a 'sizeable' contract from Petronas Carigali Brunei, for the Kelidang Cluster gas field development project.Under the contract, Fugro will carry out various site characterization…

DNO Buys 10% Stake in Berling Offshore Project. PDO Planned by Year End. Brasse Plans Delayed

Dec 19, 2022

The Norwegian oil and gas company DNO said Monday it had acquired an additional 10 percent stake in the Berling field development project from Sval Energi AS. DNO now owns a 30% stake in the 2018 gas and condensate discovery, previously known as Iris Hades offshore Norway…

Hartshead Taps Petrofac for North Sea Platform, Pipeline FEED

Dec 13, 2022

UK North Sea-focused Hartshead Resources has awarded Petrofac two contracts in respect of the platforms FEED contract for Harshead's Anning and Somerville unmanned minimum facilities jackets and topsides and the subsea FEED contract for the…

Floatel Secures Contract Extension for Accommodation Rig in Norway

Nov 28, 2022

Floatel International has secured a contract extension with Norway's energy industry giant Equinor for its Floatel Superior offshore accommodation rig.The Floatel Superior will provide services at the Grane field as part of Equinor's Breidablikk…

Enauta Says Production from Atlanta Field Interrupted

Nov 07, 2022

Brazilian oil company Enauta said Monday that production from its Atlanta offshore field in Brazil had been interrupted.'The initial assessment is that this is an operational problem on the surface. The current production of the field is 7,500 bbl/day…

Equinor to Issue Complementary Assessment for Wisting Oil Field Project

Oct 24, 2022

The Norwegian energy giant Equinor said Monday it would issue a complementary assessment for the Wisting oil field development in the Barents Sea for public consultation.'The complementary assessment elaborates some key subjects from the impact assessment…

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