Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (May 22– May 28).


BP has has started production from Quad 204 project in the west of Shetland region, offshore UK.

Schiehallion and the adjacent Loyal fields were first developed in the mid-1990s and have produced nearly 400 million barrels of oil since production started in 1998. With the fields’ redevelopment through the Quad 204 project, BP and co-venturers expect to unlock a further estimated 450 million barrels of resources, extending the life of the fields out to 2035 and beyond.


Royal Dutch Shell informed that the deep-water production has started at the FPSO P-66, located in the Brazilian pre-salt Santos Basin.

Positioned in 2,150-meter water depth, the P-66 can process up to 150,000 barrels of oil and 6 million cubic meters of natural gas per day.

 


Hess Corporation has signed a non-exclusive 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations & maintenance, integrity management, subsea, and decommissioning services.

The two companies have worked together for more than 25 years on a wide range of projects worldwide.

 


Oceaneering has entered into an agreement, expected to extend into 2026, with an undisclosed international oil and gas company, to provide ROV services and equipment for projects located offshore of Newfoundland and Labrador, Canada.

Under the terms of the contract, Oceaneering is to provide two ROV systems onboard a multi-function platform support vessel supporting its customer’s operations. The scope of work contemplates subsea construction, inspection, maintenance and repair services on existing and future infrastructure, the company explained.


Alpha Petroleum has partnered with GE Oil & Gas to advance the subsea infrastructure for the Cheviot oil field in the UK North Sea with 55 mmbbls of oil and 20 mmboe of future gas production.

The company, backed by upstream oil and gas investment firm Petroleum Equity, has named GE Oil & Gas as the exclusive supplier of early engineering, project management, and procurement activities for the project.


 

Share this article

Follow Subsea World News

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Underwater Intervention 2018

UI 2018 will draw the industry’s leaders from across the country and around the globe to gather for 3 days of networking…

read more >

Future Energy Asia Exhibition & Conference (FEA) 2018

The transformation and development of Thailand is a major priority for the government which creates incredible business opportunities…

read more >

HYPACK 2018

This training event will offer instruction on the newest features of HYPACK® 2018 as well as comprehensive training for both novice…

read more >

European Gas Conference 2018

The European Gas Conference celebrated its tenth anniversary amid an air of increasing optimism following considerably shifting markets in the last few years…

read more >