Activity headlines

Production Unit Mobilizes to Nong Yao Field

The Nong Yao Field mobile offshore production unit (MOPU) has mobilized to the field offshore Thailand, Valeura Energy said Feb. 13.

It will serve the Nong Yao C accumulation, with first oil expected late in the second quarter of 2024. Valeura is also purchasing the Nong Yao Field’s Aurora floating storage and offloading vessel (FSO) for $19 million.

Elsewhere offshore Thailand, Valeura is expanding the Wassana Field development drilling program to five horizontal wells. The first two wells increased field output to over 4,000 bbl/d.

Valeura operates Wassana with 100% interest and Nong Yao with 90% interest.

Contracts and company news

Expro Buying Coretrax for $210 Million

Expro will acquire Coretrax from an investment group led by Buckthorn Partners for approximately $210 million, Expro said Feb. 13.

The acquisition of Coretrax, a specialist in performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, will enable Expro to expand its well construction and well intervention and integrity solutions.

 DeepOcean Wins Guyana Work

siem day
DeepOcean will deploy the Siem Day multi-purpose support vessel to conduct subsea operations. (Source: DeepOcean)

Exxon Mobil Guyana awarded DeepOcean a contract to provide subsea construction and inspection, maintenance and repair (IMR) services offshore Guyana, DeepOcean said Feb 12.

Under the contract, DeepOcean will plan and execute a wide range of subsea activities, including subsea construction, jumper installations and subsea IMR work, at Exxon Mobil Guyana’s operations at the Stabroek Block, located approximately 120 miles offshore Guyana.

DeepOcean will deploy the Siem Day multi-purpose support vessel to conduct subsea operations.

NOPSEMA OKs Castarone for Work

Australian Commonwealth regulator NOPSEMA (National Offshore Petroleum Safety and Environmental Management Authority) has cleared the Saipem Castarone vessel to resume operations, Saipem said Feb. 13.

Pipelay had halted after a Jan. 30 offshore trunkline installation incident. Saipem said it is working closely with its client for a restart of the pipelaying operations, with safety as the top priority.