Forsys Bags subsea FEED for Statoil’s Trestakk Field
Forsys Subsea, the joint venture between FMC Technologies and Technip, has been awarded a contract from Statoil to provide a subsea front-end engineering and design (FEED) study for subsea tie-back of Trestakk to Åsgard A FPSO. The scope of the FEED includes all systems and related services from the wellhead to Åsgard A riser hang-off, including umbilicals, riser, flowlines and subsea production system, installed and made ready for operation.
DNV GL: Bright Future for Subsea Processing
DNV GL today launched a research paper exploring the viability of moving offshore oil and gas processing subsea, including the techno-economics of an ‘all subsea’ solution. The report addresses current limitations, but also highlights opportunities for subsea technology. To lend clarity to the topic, the paper compares a benchmark FPSO set-up with a hypothetical all-subsea field development solution. However…
SBM Offshore Announces Thunder Hawk Tiebacks
SBM Offshore is pleased to announce it has signed a Production Handling Agreement (PHA) with Noble Energy to produce the Big Bend and Dantzler fields to the Thunder Hawk DeepDraft (TM) Semi located in 6,060 feet of water in the Gulf of Mexico (GoM). Production fees associated with produced volumes are estimated to lead up to projected revenue of US$400 million to be delivered over the ten year primary contract period.
Statoil Delays Castberg Project
Johan Castberg license partners, comprised of Statoil, Eni and Petoro, are dedicating more time in making the final concept selection for the Johan Castberg project. “The companies will continue efforts to mature the technical development solution, updating the resource basis and reducing cost leading up to the summer of 2015. The partners will also further assess the financial basis for an oil terminal at Veidnes…
Exploration Well in Kramsnø Completed
Statoil, together with PL532 partners, has made a gas discovery in the Kramsnø prospect in the Barents Sea. The exploration program around the Johan Castberg field has been vital in providing area knowledge, but so far not delivered expected oil volumes. In 2011-2012 Statoil made a breakthrough in the Barents Sea with two high impact oil discoveries Skrugard and Havis, proving a total of 400-600 million barrels of recoverable oil.
