Sulzer and FMC Technologies have received a subsea multiphase boosting pump contract to upgrade one of the pumping modules in Shell’s Parque das Conchas, a deepwater oil field off the coast of Brazil, Sulzer said in a news release.
Aquatic Engineering & Construction Ltd. has been subcontracted by Bibby Offshore Ltd. to replace subsea infrastructure in the Central North Sea as part of BP’s $1 billion Eastern Trough Area Project (ETAP) life extension project, according to a news release.
The project is intended to enhance the existing GC-24 facility, increasing capacity by 50,000 barrels of oil per day from the current level of 165,000 barrels of oil per day, according to a news release.
In the autumn of 2015, the Aasta Hansteen Field’s startup was postponed one year, until the last half of 2018, effectively postponing the field’s drilling program.
Keppel O&M and Rosneft will have shares of 45% each in the JV, while MHWirth will hold 10% while adhering to existing U.S. and EU sanctions imposed on Russia’s offshore sector, Reuters reported.
J. Thomas Wilson, Magellan’s president and CEO, said Mereenie’s current estimated production is less than 1 Mboe/d, and noted that the Mereenie bonus was not recorded in condensed consolidated financial statements.
Marlim, Brazil's fifth-most productive field in March, produces about 150,000 barrels of oil a day and about 2 million cubic meters per day (70.8 million cubic feet per day), Reuters reported.
Hasbah’s expansion will supply 2 billion cubic feet per day (Bcf/d) of gas to Fadhili plant, and remaining 500 MMcf/d of supply for plant will come from onshore Khursaniyah Field, Reuters reported.
As part of the contract for Wintershall’s Maria development in the Norwegian Sea, Halliburton will supply drilling services and associated tools, drilling and completion fluids, cementing, and coring.
Technip has been awarded an engineering services contract by Woodside to provide multi-disciplinary engineering services as part of an engineering panel. This contract covers all Woodside operated onshore, offshore and subsea producing assets.
While cash helps, it will not wipe away all woes for the offshore drilling contractor that is depending on its ‘premium fleet’ among other qualities to weather the downturn.
As a result, Freeport will pay Noble $540 million—payable through a combination of cash, Freeport shares and up to $200 million in near-term Noble bonds.