Maersk Oil has been busy handing out the spoils for its recently approved Culzean development in the U.K. North Sea, although the award of the FSO unit for the project is still up for grabs.
Zohr 1X NFW was drilled to a total depth of about 4,131 m (13,553 ft)) and hit 630 m (2,067 ft) of hydrocarbon column in a carbonate sequence of Miocene age with excellent reservoir characteristics (more than 400 m of net pay), Eni said in a news release.
The company said it is well positioned in northern Australia to develop brownfields.
Power oxidation process turns ‘waste gases’ into clean, usable energy.
Top executives believe the merger creates growth opportunities that could lead to a common operating system for both the surface and subsurface, while expanding Cameron’s presence worldwide.