Saipem Wins Subsea Contract in Guyana
subsea structures, risers and flowlines.Saipem was awarded earlier subsea contracts for the first two phases of the Liza development in Guyana by EEPGL in 2017 and in 2018, respectively.Subject to government approvals, project sanction by EEPGL and its partners HESS Guyana Exploration Ltd and CNOOC Nexen Petroleum Guyana Ltd and an authorization to proceed with the final phase, Saipem will perform the detailed engineering, procurement, construction and installation (EPCI) of a large subsea production facility. This facility will include approximately 130 kilometers of flowlines, rigid risers, associated
Pipetech Wins Project with Nexen
Pipetech, the independent process system integrity specialist, has won a project with operator Nexen to deliver Active Caisson Management on its Scott platform.Active Caisson Management delivers a single sourced solution for inspection, cleaning, coating and planned and programmed maintenance and repair scheduling to drive cost efficiencies and maintain asset integrity throughout the lifecycle of a caisson.Pipetech has completed the first stage to remove internal scale build up from a 42 inch produced water caisson on the platform, located 188km from Aberdeen, while it remained in operation. The scope
Saipem Wins $700 Mln Worth of Offshore Contracts
, and water and gas injection systems.Development of the Stabroek Block is being pursued by a joint venture which includes Esso Exploration and Production Guyana Limited as operator and 45 percent interest holder, in conjunction with Hess Guyana Exploration Limited (30 percent interest) and CNOOC Nexen Petroleum Guyana Limited (25 percent interest).Liza field is located approximately 200 Km off the shores of Guyana in the Stabroek Block at a water depth up to 1,850 meters. The second phase of the development has a larger number of wells and related subsea equipment than its predecessor and will
Subsea 7 Bags Nexen Contract Offshore UK
Subsea 7 said Friday it has been awarded a contract from Nexen as part of the Buzzard Phase 2 Project, located approximately 55 kilometers off the northeast coast of Scotland. Subsea 7 said the contract is “sizeable”, between $50 million and $150 million.Subsea 7’s contract scope includes project management, engineering, procurement, construction and installation of a 5-kilometer pipeline bundle along with associated well and platform tie-ins, and provision of a heavy lift vessel for transport and installation of a new topside module.Project management and detailed engineering has
ExxonMobil, Hess Announce Oil Discovery Offshore Guyana
to closely follow Liza Phase 2 and is expected to bring gross production to more than 500,000 barrels of oil per day by late 2023.The Stabroek Block operator, Esso Exploration and Production Guyana Limited, holds 45 percent interest, while Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest
Exxon Starts Drilling at Offshore Guyana Projects
Liza Phase 2 development, and a third is under consideration for the Payara development, the company said.ExxonMobil subsidiary Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest.Exxon said in March that projects in Guyana and the Permian Basin region of Texas and New Mexico, as well as refining and chemical plant expansions, should drive earnings gains
Offshore Achievement Award winners Announced
. The Society of Petroleum Engineers (SPE) Aberdeen Section revealed the 11 winners to an audience of more than 450 people, with categories covering technology innovation, company performance and individual achievement across the UK offshore energy sector. Ray Riddoch, UK managing director at Nexen was named this year’s Significant Contribution winner thanks to three decades of shaping and influencing the offshore energy industry. Other individual winners included John Fraser of Sparrows Group for Above & Beyond, Laura Steedman of BP for Young Professional and Alan Higgins, who received
ExxonMobil Announces Oil Discovery Offshore Guyana
appraisal drilling at the Ranger discovery. The Stabroek Block is 6.6 million acres (26,800 square kilometers). Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest
Maersk Drilling Secures Nexen Contract
Danish driller Maersk Drilling has been awarded a contract by Nexen Petroleum for the drilling of three wells and options for nine additional wells at UK’s largest producing oil field, the Buzzard field in the Central North Sea. The drilling campaign is for the Buzzard Phase II Development Project and is planned to commence around July 2018. The estimated duration of the initial firm contract period is 225 days. The drilling campaign will be carried out by one of Maersk Drilling’s I-class jack-ups currently operating in Norway. The I-class jack-ups are of a
February 2024
