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Offshore

UK North Sea operators eye near-record profits in 2022

Long-term upstream uncertainty shows no signs of abating, but in the short-term, UK operators are riding high according to Wood Mackenzie, a Verisk business.

Neptune Energy awards contract extension to Petrofac for UK services

The contract extension will take effect from 1 January 2022.

Fugro’s new environmental lander technology deployed in the Red Sea

Fugro has deployed two new autonomous environmental landers off the coast of Saudi Arabia to collect oceanographic data in deep and remote areas of the Red Sea.

Subsea 7 awarded contract offshore Australia

The project work scope covers the engineering, procurement, construction, and installation (EPCI) of subsea pipelines and production systems.

Aker BP awards contracts worth 440 million kroner

Aker BP has awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner.

Project Greensand backed by €26m award for carbon capture

Project Greensand to receive Danish Government funding of DKK 197 million (€26 million) for CO2 storage in the North Sea

Woodside and Viva Energy progress LNG regasification agreement

Woodside will discuss with Viva Energy the opportunity to acquire regasification capacity usage rights at the terminal to regasify LNG.

Equinor increases its ownership in the Statfjord field

Spirit Energy’s daily production from the Statfjord area in the third quarter of 2021 was around 21,000 boe per day.

Nexans to connect Oseberg Field Centre with renewable energy

Nexans will manufacture and install the tailer-made power cable solution to connect Oseberg with power from mainland Norway.

CSA concludes deepwater environmental baseline survey offshore Barbados

Scientists conducted a series of environmental baseline surveys in the Carlisle Bay Block and Bimshire Block during the wet and dry season in 2019 and 2021

ExxonMobil plans for net zero emissions in Permian Basin operations by 2030

The company plans to electrify its operations with low-carbon power, which may include wind, solar, hydrogen, natural gas with carbon capture and storage, or other emerging technologies.

Maersk Drilling awarded one-well exploration contract with OMV in Norway

The contract includes a one-well option to drill the Eirik exploration well.

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