Australia: AGR partners with industry leaders in the establishment of the Centre of Decommissioning Australia (CODA)
10 Mar 2021
Centre of Decommissioning Australia (CODA) launched by the
National Energy Resources Australia (NERA).
CODA is a collaboration across the industry to address the challenges and maximise the opportunities of decommissioning Australia’s oil & gas infrastructure.
Working alongside many of the world’s leading Oil & Gas Operators, such as Chevron, Woodside Energy, Santos, Esso Australia, Vermilion Oil & Gas Australia, and BHP, and service and research organizations, such as Baker Hughes, Atteris, Linch-Pin, Xodus Group and Curtin University, the announcement strengthens AGR’s position as an industry leader in well and field abandonment projects.
Norway: Equinor awards framework agreements for 4D towed streamer seismic acquisition offshore Norway
10 Mar 2021 PGS and
Shearwater GeoServices framework agreements for 4D towed streamer seismic acquisition on the Norwegian continental shelf (NCS). The agreements have a total estimated value of around
NOK 700 million. This is a new way of working with seismic suppliers. We are moving away from annual tenders towards a more long-term collaboration model. This will ensure improved predictability and more sustainable rates for suppliers in the seismic industry that is traditionally exposed to significant cyclicality, says Peggy Krantz-Underland, Equinor’s chief procurement officer.
PGS and Shearwater have been awarded generic framework agreements covering 4D seismic services on the NCS for a firm period of two years starting in 2021. The agreements include two two-year options and can also be applied for the UK continental shelf.
APA Corp and Total have terminated operations at the Keskesi East-1 discovery well in Block 58, offshore Suriname, due to substantial pressure increases in the well.
Slovenia: Ascent Resources announces Slovenia operations and JV partner update
10 Mar 2021
Ascent Resources, the onshore Caribbean, Hispanic American and European focused energy and natural resources company, has announced an update on its operations in
Slovenia and ongoing matters with JV partners.
Petisovci Project Operations Update
Further to the announcement of 9 February, production at the
PG-11A well has now restarted following agreement with INA, in Croatia, to re-open the pipeline evacuation route and to receive export sales gas without a minimum offtake commitment for the initial days of production stabilisation. An average production rate in excess of 20,000 scm/day has initially been recorded. The JV will continue to monitor production over the coming days and only thereafter commit, to INA, daily sales gas delivery volumes on a weekly basis. Revenues received from gas sales will first go towards accrued and continuing JV operational overheads.
New Zealand Oil & Gas (NZOG) has applied to relinquish the Toroa Petroleum Exploration Permit 55794, located in the Great South Basin, New Zealand, which contains the Kaipatiki prospect.