Shell Hires Subsea7 for Work at Aphrodite Development off Trinidad
ranges between $50 million and $150 million.To remind, early in June Shell reached the final investment decision (FID) for the Aphrodite gas project.Shell Makes FID for Trinidad Offshore Gas ProjectThe project is expected to produce first gas in 2027 and have a peak production of 18,400 barrels of oil equivalent per day.“Engaging with Shell from the outset has been key to building trust and driving efficiencies. This award in Trinidad and Tobago reflects our growing presence in the region, as well as our ongoing commitment to safe, predictable project delivery while supporting local talent and
CRP Subsea to Supply Well Equipment for Shell’s Whale Development
facility.The Whale production facility, which was brought on stream in January 2025, is in the Alaminos Canyon Block 773, adjacent to the Shell-operated Silvertip field, around 10 miles (16 kilometres) from the Shell-operated Perdido platform.With an estimated peak production of 100,000 barrels of oil equivalent per day (boe/d), Whale currently has an estimated recoverable resource volume of 480 million boe
NKT Concludes First Cable Installation Phase for O&G Scheme Off Norway
in a social media post.Yggdrasil consists of the Hugin, Fulla and Munin license groups. The area is located between Alvheim and Oseberg in the North Sea.Aker BP’s partners for the development are Equinor and PGNIG Upstream Norway. Gross resources in the area are more than 700 million barrels of oil equivalent.Extensive new infrastructure is planned, including three platforms, nine subsea templates, new pipelines for oil and gas export and power from shore. The entire Yggdrasil area will be remotely operated from an integrated operations center and control room onshore in Stavanger
Vår Energi Pre-Orders Subsea Systems to Accelerate Oil and Gas Developments
, with a target of developing projects from discovery to production in less than four years.“Efficient measures to shorten the lead time and control the supply chain for key equipment is important to reach these goals and will support our plan to sustain production at 350-400 thousand barrels of oil equivalent per day towards 2030,” said Torger Rød, COO at Vår Energi
TechnipFMC to Supply Subsea Production System for Shell’s Nigerian Deepwater Project
;underscoring its commitment to the technology globally. This award further positions us for future deepwater opportunities in the region,” said Jonathan Landes, President, Subsea at TechnipFMC.Bonga North currently has an estimated recoverable resource volume of more than 300 million barrels of oil equivalent (boe) and will reach a peak production of 110,000 barrels of oil a day, with first oil anticipated by the end of the decade.SNEPCo (55%) operates the Bonga field in partnership with Esso Exploration and Production Nigeria (20%), Nigerian Agip Exploration (12.5%), and TotalEnergies Exploration
SLB OneSubsea and Subsea7 Win Contract for OKEA’s Bestla Project
with NCS2017+ for standardized subsea production systems tailored for application in the Norwegian Continental Shelf, and the Alliance will support the local economy by commissioning fabrication and manufacturing from partners in Norway.The field is estimated to contain 24 million barrels of oil equivalent, of which two-thirds is oil and the remaining one-third is gas and natural gas liquids. First oil is targeted for Q4 2026
GEG Wraps Up Subsea7 Fabrication Scope for Aker BP’s Valhall PWP - Fenris Field
ProjectLocated in the Southern North Sea, the Valhall PWP-Fenris project is one of the largest development projects on the Norwegian shelf. It includes a new centrally located PWP and an unmanned installation.The total new reserves developed by the project are estimated to 230 million barrels oil equivalent, with the production scheduled to start in 2027.Pandion Energy is the partner in Valhall, and PGNiG Upstream Norway is the partner in Fenris, which is situated 50 kilometers away
The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond
indicating a considerable number will cease operation by 2030. This trend is mirrored in the Brunei market, where plans are underway to decommission 60 platforms between 2026 and 2032.In Malaysia, Petronas reported 19 exploration discoveries last year, totalling more than 1 billion barrels of oil equivalent (boe). This series of successful discoveries highlights the untapped potential in Malaysia. With Petronas remaining committed to E&P investments in the region, Malaysia is expected to remain one of the largest markets for support vessels in the coming years. From decommissioning projects
TechnipFMC to Supply Subsea Systems for Shell’s Sparta Development
production unit (FPU).The Sparta FPU will be located in the Garden Banks area of the U.S. Gulf of Mexico, approximately 275 kilometers off the coast of Louisiana. It will feature a single topside bolstered by a four-column, semi-submersible floating hull and is designed to produce 90,000 barrels of oil equivalent per day (boe/d).Sparta development straddles four blocks of the Garden Banks area in approximately 1,300 meters (4265 feet) of water depth.Seatrium Starts Fabrication of Shell's Sparta FPUWorley to Provide Engineering Services for Shell's Floating Development in U.S. Gulf of Mexic
February 2025
