The briefing on offshore oil and gas
Five numbers in offshore oil and gas
Offshore wind farms in the Scottish Highlands are reportedly footing a bill of roughly £20m more per year than English projects in order to connect to the grid.
Eni has made a gas and condensate discovery in the Mahani exploration prospect that has tested with flow rates of up to 50 million cubic feet per day of lean gas and associated condensate.
Lundin Petroleum has launched its Decarbonisation Strategy, with aims to reach carbon neutrality by 2030. As part of the strategy and the company's aims, it has also been proposed that the company will change its name to Lundin Energy.
Amid a fresh discovery in the Stabroek block, ExxonMobil has increased its estimated recoverable resource base in Guyana to more than eight billion oil equivalent barrels.
Equinor has sold back its 70% stake in the Verbier discovery to Jersey Oil and Gas after what it described as 'disappointing' results from an appraisal of the field.
Three projects starting this month
Semco chosen for drilling rig modifications by Seadrill
The Danish company Semco Maritime has been contracted by rig major Seadrill to carry out modifications of the West Bollsta harsh-environment drilling rig.
Work on West Bollsta will prepare it for a ten-well contract on the Norwegian Continental Shelf (NCS) for Lundin Norway in the second quarter of this year.
Awilco partners with IFS to support new rig construction
North Sea drilling contractor Awilco has partnered with enterprise applications company IFS to support its programme to build two sixth-generation, harsh-environment semi-submersible rigs.
Aberdeen-based Awilco will use IFS Applications, enterprise resource planning (ERP) software that supports mission-critical processes including maintenance, project management and human capital management.
Valaris and Saudi Aramco JV orders newbuild jack-up rigs
ARO Drilling, a 50:50 joint venture (JV) between offshore drilling contractor Valaris and state-owned oil firm Saudi Aramco, has ordered two newbuild jackup rigs. The JV has placed the order with International Maritime Industries (IMI). According to Valaris, each new build will cost approximately $175m. They will constructed to the specifications laid out by Saudi Aramco.