Norway:
Five new years with drilling and wells rig alliances Aker BP has entered into drilling and wells alliance agreements with Noble Corporation, Odfjell Drilling and Halliburton. Through the last five years, the jack-up rig alliance and the semi rig alliance have delivered over 100 wells and world-class drilling operations on the Norwegian shelf. Now the alliance partners up to deliver even more wells in the coming five years. The jack-up alliance comprises Noble, Halliburton and Aker BP. The semi alliance comprises Odfjell Drilling, Halliburton and Aker BP. On 11 January, Aker BP signed new agreements for both alliances with a five-year contract term.
Aker BP awarded 17 licenses in APA 2022
Aker BP has been offered interests in 17 new production licenses offshore Norway, of which nine as operator, through the swards in pre-defined areas (APA 2022) licensing round. Of the 17 production licenses awarded to Aker BP, 13 are located in the North Sea (six as operator) and four in the Norwegian Sea (three as operator).
TechnipFMC wins Dvalin North subsea deal from Wintershall Dea
TechnipFMC has been awarded a significant engineering, procurement, construction and installation contract by Wintershall Dea Norge AS for its Dvalin North project. The contract covers the design, engineering, manufacture and installation of pipe for the Dvalin North field, which will be tied back to the Heidrun Platform via the existing Dvalin field on the Norwegian shelf.
China:
CNOOC Limited announces Its 2023 business strategy and pledges higher output
CNOOC has launched its business strategy and development plan for 2023. In the plan, the company raises its production target and capital expenditure budget for 2023. Net production target is 650–660 million barrels of oil equivalent (BOE), of which production from China and overseas accounts for approximately 70% and 30%, respectively. Net production is expected to reach 690–700 million BOE in 2024 and 730–740 million BOE in 2025. The company’s total capital expenditure for 2023 is budgeted at RMB 100–110 billion, of which capital expenditures for exploration, development, production and others will account for approximately 18%, 59%, 21% and 2% of the total capital expenditure, respectively.
In 2023, nine new projects are expected to come on stream during the year, including projects in China such as Bozhong 19-6 Condensate Gas Field Phase I Development Project, Lufeng 12-3 Oilfield Development Project and Enping 18-6 Oilfield Development Project, and overseas projects such as Payara Project in Guyana, Buzios5 Project and Mero2 Project in Brazil.
USA:
Talos makes two commercial discoveries in Gulf of Mexico
Talos Energy has made commercial quantities of oil and gas during sequential drilling operations in the U.S. Gulf of Mexico in Q4 2022. The company said that its Lime Rock and Venice prospects were both commercial discoveries. Talos holds a 60% working interest in the two deepwater discoveries.
Congo:
Perenco installs another self-elevating platform off DR Congo
Perenco has installed its eleventh self-elevating platform system, with a new unit installed by its Congo unit, Perenco Rep. The company installed the system on the Mibalé Field, offshore DRC. The Fololo design, which was initially developed by Perenco for operations in the DRC, comprises lightweight floating pontoons and legs that can be self-elevated to the required height in a super simple, genuine and smart concept developed by the Perenco Group for Perenco Rep.
Egypt:
Egypt makes 53 new oil and gas discoveries in 2022
The Ministry of Petroleum and Mineral Resources, Egypt has reported that the country has witnessed a spike in its energy reserves in 2022. According to a report published by the Ministry, the country saw 53 new oil and gas discoveries. The new discoveries include 42 oil wells and 11 gas wells in the Western Desert, the Suez Gulf, the Mediterranean Sea, and Nile Delta.