A final investment decision for the Etinde project in Cameroon has slipped once more, with Bowleven now tipping 2022.
Oil Search will start a 15% selldown process for its proposed 80,000 barrels of oil per day Pikka low emissions oil project in Alaska by April. Phase 1 of Pikka is expected to cost about $3 billion and produce oil at a break-even cost of supply less than $40 per barrel Brent, inclusive of a 10% return, reckons the Australian-based company.
The delayed Total-led liquefied natural gas (LNG) export development in Papua New Guinea (PNG) has signed a key fiscal stability agreement with the government. This marks a significant step in de-risking the proposed 5.33 million tonne per year Papua LNG scheme.
KBR has won project management consultancy (PMC) services on the front-end engineering design (FEED) work for a proposed condensate refinery plan in Nigeria.
Oil Search’s LNG project in Papua New Guinea continued strongly in the third quarter but progress on a new three-train liquefaction plan is moving more slowly than had been expected.
Nigeria LNG (NLNG) has chosen a consortium made up of Saipem, Chiyoda and Daewoo E&C (SCD) to carry out work on the project’s seventh train. The choice of the SCD consortium was set out on September 11 at a ceremony in Abuja, with the signing of a letter of intent (LoI).
Aker Solutions has secured a front-end engineering and design (FEED) contract from Statoil for the second phase of the massive Johan Sverdrup development offshore Norway.
Norwegian operator Statoil has awarded Aker Solutions a contract for a front-end engineering and design contact for the proposed subsea tie-back of the Trestakk field in the Norwegian Sea.
Wood Group has won a front-end engineering and design (FEED) contract for the Browse floating liquefied natural gas (FLNG) development. The company said the deal, which will see a 12 month contract with Shell, will be carried out by Wood Group Kenny (WGK).
Wood Group has won a front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam. The work will be carried out by Wood Group Kenny (WGK) who will also complete comprehensive flow assurance studies. WGK’s Kuala Lumpur office will conduct the work on the subsea FEED and will be supported by other offices in Asia Pacific.