Equinor said that the first phase of the Johan Sverdrup project in the North Sea is expected to hit plateau production in early May, which is much earlier than previously anticipated by the company and its partners. The Norwegian oil and gas giant said that by the end of March, the daily oil production at […]
Located in block 18 in the territorial waters of Angola, the Platina oil field, which is operated by BP, is scheduled to begin production by the end of 2021. The Platina deepwater oil project is being developed as a subsea tie-back to the existing BP-operated Greater Plutonio floating production, storage and offloading unit (Greater Plutonio […]
TechnipFMC has bagged an integrated engineering, procurement, construction, and installation (iEPCI) contract from BP Angola for the Platina field development in Block 18 in Angolan waters. The contract value is in the range of $75-250 million. The Platina field, which was discovered in 1999, is contained in water depths in the range of 1,200-1,500 meters. […]
US upstream oil company Kosmos Energy and its partners have inked a sale and purchase agreement (SPA) with BP Gas Marketing pertaining to the Greater Tortue Ahmeyim project located on the maritime border between Mauritania and Senegal. The SPA, which has an initial term of up to 20 years, covers 2.45 million tonnes per annum […]
Equinor said that the Johan Sverdrup oil field operated by it in the Norwegian North Sea has been officially inaugurated by Erna Solberg, the Prime Minister of Norway. In October 2019, Equinor and its partners Lundin Norway, Petoro, Total, and Aker BP started production from the first phase development of the Norwegian oil field. Since then, […]
Matapal gas project : Maersk Drilling has bagged a three-well contract worth around $78 million for the Maersk Discoverer semi-submersible rig from oil and gas giant BP to carry out development drilling at the offshore gas project in Trinidad and Tobago. The drilling contract for the Danish drilling rig operator is expected to come into effect […]
Ærfugl project phase 2 : Aker Solutions has bagged a contract worth around NOK 700 million ($76.95 million) from Aker BP for the supply of the subsea production system for the Ærfugl project (formerly Snadd field development) in the Norwegian Sea. The subsea delivery for the Norwegian oil project includes wellheads, vertical subsea trees, control […]
Ginger gas discovery : BP Trinidad & Tobago (BPTT) has pulled off a gas discovery through the drilling of the Ginger exploration well near the producing Cashima Field, offshore Trinidad. The well is likely to be completed by the end of this month with the BP subsidiary to continue evaluating its results after the completion […]
India oil and gas news : Reliance Industries and its partner BP in the Block KG D6 have sanctioned a new project to draw more gas from India’s Krishna-Godavari Basin by developing the MJ gas field. Dubbed as the MJ gas project, the offshore development is the third project to be undertaken by Reliance Industries […]
Oil and gas industry news : French oil and gas giant Total and its partners in Block 22/25a in the UK North Sea have started production from the Culzean gas field, which is estimated to contain 250-300 million barrels of oil equivalent reserves. Total with a stake of 49.99% is the operator of the Culzean […]