North Sea
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Spanish yard will prep the almost 40-year-old FPSO for redeployment opportunities for new owner.
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This paper describes the use of coiled tubing in a pilot project for carbon dioxide injection, enabling evaluation of the conversion of an existing oil field for CCS purposes and derisking storage-development uncertainties before having to cease hydrocarbon production.
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This paper describes the first riserless coiled tubing services operation performed in a live subsea well and the associated improvements in efficiency, cost savings, and safety.
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The vessel is expected to be delivered by the end of the year, while the project's new port in Esjberg is on target for completion this autumn.
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The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.
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The combined group will be renamed NEO NEXT Energy and is expected to become one of the largest independent producers in the North Sea.
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The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.
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The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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While the court overturned approval for Shell's Jackdaw and Equinor's Rosebank projects, the companies can reapply for consent. Work on the projects can continue, but no fuels can be extracted until the government decisions are retaken.