Norwegian floater specialist BW Offshore has agreed an extension for its FPSO Sendje Berge with African-focused independent Addax Petroleum Exploration Ltd. while looking into further longer-term arrangements. The extension is until the end of the first quarter of 2014. The period has been agreed, said BW Offshore, to “secure operational continuity while joint work to detail longer term program for investment and production is completed”.
Recommended Reading
Crescent Energy: Bigger Uinta Frac Now Making 60% More Boe
2024-05-08 - Crescent Energy also reported companywide growth in D&C speeds, while well costs have declined 10%.
SLB OneSubsea JV to Kickstart North Sea Development
2024-05-07 - SLB OneSubsea, a joint venture including SLB and Subsea7, have been awarded a contract by OKEA that will develop the Bestla Project offshore Norway.
Electric Hype vs. Hydraulic Reality: Advantages of Traditional Systems
2024-05-07 - Castrol's new fluid prevents gas hydrates in deepwater control systems.
EOG: Utica Oil Can ‘Compete with the Best Plays in America’
2024-05-06 - Oil per lateral foot in the Utica is as good as top Permian wells, EOG Resources told analysts May 3 as the company is taking the play to three-mile laterals and longer.
BP: Gimi FLNG Vessel Arrival Marks GTA Project Milestone
2024-02-15 - The BP-operated Greater Tortue Ahmeyim project on the Mauritania and Senegal maritime border is expected to produce 2.3 million tonnes per annum during it’s initial phase.