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1 week ago | 
offshore-mag.com | Jeremy Beckman
Southern Energy and Golar LNG announced FID May 2 on a 20-year redeployment charter of the FLNG Hilli Episeyo offshore Argentina. In addition, the two parties have signed definitive agreements for a 20-year charter for Golar’s MKII FLNG, which is undergoing conversion at the CIMC Raffles shipyard in Yantai, China. This charter remains subject to FID and regulatory approvals, although both are anticipated later this year.
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1 week ago | 
offshore-mag.com | Jeremy Beckman
This news compilation highlights some of the latest geoscience project updates happening across the offshore energy sector. DUG forms Brazilian joint ventureAustralia-based DUG Technology has established a new joint venture (JV), DUG DO Brasil, to provide geoscience services to clients in Latin America. Carlos Eiffel Arbex Belem has been named Brazil country manager. The JV will work with DUG's Houston office, under the direction of Mike Christiansen, regional geoscience manager, Americas.
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1 week ago | 
offshore-mag.com | Jeremy Beckman
bp and its partners in the Azeri-Chirag-Deepwater Gunashli (ACG) Field in the Caspian Sea have drilled a first well on the gas NAG reservoirs. These are thought to contain up to 4 Tcf recoverable. The well, drilled from the West Chirag platform, should enter production later this year following subsea tie-in activities, with the performance data used to support larger-scale development planning for the reservoirs.
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1 week ago | 
offshore-mag.com | Jeremy Beckman
BW Energy has taken FID on a $1.5 billion development of the Maromba Field offshore Brazil, in the southern part of the Campos Basin. The company plans to convert a drilling jackup to an integrated drilling and wellhead platform (WHP) with up to 16 well slots, installed in about 150 m of water.
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2 weeks ago | 
offshore-mag.com | Jeremy Beckman
Equinor revealed in its latest results update that the FPSO for its Bacalhau project has reached its destination in the presalt Santos Basin offshore Brazil, and should deliver first oil later in the year. Meanwhile, Repsol expects to participate in three more project startups in the Americas this year, following Cypre, which produced first gas offshore Trinidad in early April.
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2 weeks ago | 
offshore-mag.com | Jeremy Beckman
bp has awarded the Subsea Integration Alliance (SLB OneSubsea and Subsea7) an EPCI contract for the Ginger project offshore Trinidad and Tobago. The development is covered under the new global framework agreement established by bp with the alliance. It is designed to encourage system-level optimization via increased transparency and early engagement, Subsea7 said, with aligned incentives for all parties to accelerate and maximize “value creation” throughout the life of their joint projects.
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2 weeks ago | 
offshore-mag.com | Jeremy Beckman
Preparations continue for a drilling campaign in the Otway Basin offshore southeast Australia, Beach Energy said in a results update. The semisub Transocean Equinox mobilized to Victoria in March and is currently conducting a program for another operator in the rig consortium. Beach expects to receive the rig to start work on its campaign in late 2025.
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2 weeks ago | 
offshore-mag.com | Jeremy Beckman
The Seaway Ventus jackup vessel has installed the first monopile for ScottishPower Renewables’ East Anglia THREE wind farm in the UK southern North Sea. The 83.89-m tall, 10.6-m diameter structure, which weighs 1,800 metric tons, was also the largest installed so far from a jackup vessel offshore Europe, ScottishPower claimed. It is one of 95 monopile foundations under construction for the 1.4-GW development.
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2 weeks ago | 
offshore-mag.com | Jeremy Beckman
Drilling is underway on the fifth of 35 planned infill wells for phases 15 and 16 of the South Pars gas field in the Persian Gulf. Pars Oil and Gas Co. (POGC) commissioned the DCI-2 rig for the campaign. The current well is part of a second infill drilling package designed to raise production from the SPD 15 platform. The first well package was brought onstream late last year.
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2 weeks ago | 
offshore-mag.com | Jeremy Beckman
The company has also conditionally raised up to $9 million in loans from three institutional investors. The two developments should enable SundaGas to shortly contract a jackup rig to drill the Chuditch-2 appraisal well. Signing of further contracts should follow with various service providers for the materials, equipment and services needed for the drilling campaign. Upon completion of the farm-in, it will assign an initial 30% interest to TIMOR GAP, on top of the 15% share acquired by TIMOR GAP.
