Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 15 – February 21).
According to Bjarne Bakken, head of Snorre 2040 project, the so-called improved oil recovery (IOR) with a platform development has proved to be very economically demanding.
The initial technical collaboration agreement is for four years and will build on earlier cooperation of the companies.
The scope of work 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.
Over the last three years the framework agreement has seen WCL provide operation of Subsea 7’s own pool of lifting equipment, expert inspection, as well as the sale and rental of lifting equipment.
DW anticipates growth in decommissioning activity over the next few years, driven by the sustained low oil price, the maturity of North Sea fields and the age of infrastructure that has pushed maintenance costs up, leading to a high breakeven price.
List of related news articles
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Posted: about 1 month agoEquinor brings online Snorre expansion project
Norwegian energy giant Equinor started production from the Snorre Expansion Project in the North Sea...
Posted: about 1 month ago -
Posted: 2 months ago
Equinor gets green light for Snorre expansion start up
The Norwegian authorities have given oil major Equinor and its partners the consent to start work on...
Posted: 2 months ago -
Posted: about 1 month ago
Aker Solutions gets another Johan Sverdrup job
Norwegian oil and gas company Equinor has awarded Aker Solutions a contract for the hook-up of the f...
Posted: about 1 month ago -
Posted: about 1 month ago
Plans filed for Northern Producer decommissioning
Northern Offshore and EnQuest have submitted combined decommissioning programmes for the Northern Pr...
Posted: about 1 month ago