Neptune Energy has conducted the world’s first dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea.
Neptune Energy and Wintershall Dea today announced the successful lift of the 740-tonne topside module for the Nova development project in the Norwegian North Sea.
The swift oil price crash caused by the Covid-19 pandemic will reduce the combined free cash flow of FPSO fields, which have produced above three quarters of their original resources at just $2.20 per barrel this year.
