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JANUARY 11, 2022

E&P activities ramping up in the Black Sea

Projects are under way offshore Romania and Turkey.

Credit Jan Arne Wold&Øyvind Gravås Copyright Equinor MSF For Johan Sverdrup P2Platform Mating3706125

Norway heading for record offshore project activity in 2022

Norway’s production will keep growing this year, with potentially a record number of final investment decisions on new offshore projects, according to Wood Mackenzie.

Petrobras outlines investment plans offshore Brazil

Petrobras’ board has approved a strategic plan for the five-year period 2022-2026.

Uncertainty clouding UK offshore prospects beyond 2022

Investment in the UK North Sea this year will likely remain near 20-year lows, according to Wood Mackenzie, despite current high oil and gas prices.

PTTEP details offshore E&P investment goals

PTTEP has unveiled its investment plan for next year and its five-year program for 2022-2026.

McDermott to deliver Scarborough gas field floater

Woodside has awarded McDermott an EPCIC contract for the floating production unit for the Scarborough gas field development offshore Western Australia.

ADNOC, TAQA launch project to decarbonize offshore operations

First-of-its-kind subsea transmission system in the Middle East North Africa region to connect ADNOC’s offshore operations to TAQA’s onshore power grid.

West of Shetland Cambo project stalls following Shell’s decision

Shell has decided not to pursue investment for the time being in the proposed Cambo oil field development west of Shetland.

NPCC to construct platforms, subsea pipelines for Umm Shaif

ADNOC has awarded NPCC a $946-million EPC contract for Phase 1 of the long-term development of the offshore Umm Shaif field.

Rockhopper, Navitas to continue offshore Falklands Sea Lion studies

Navitas Petroleum has agreed to work with Rockhopper Exploration on offshore projects in the North Falkland basin.

Southeast Asia exploration set for 2022 rebound

Wood Mackenzie expects exploration drilling in Southeast Asia to recover strongly in 2022.

Aker BP starts FEED for more North Sea Valhall area platforms

Aker BP has awarded Aker Solutions front-end engineering and design contracts for two field development projects in the southern Norwegian North Sea.

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