July's top stories: Production at $54bn Gorgon facility halted, OneSubsea's $1.9bn Greater Enfield contract
Chevron halts production at $54bn Gorgon LNG facility, OneSubsea wins contract for $1.9bn Greater Enfield project, Petrobras to sell stake in exploration block to Statoil for $2.5bn. Offshore-technology.com wraps-up the key headlines from July 2016.
Chevron suspended production following a gas leak at its $54bn Gorgon liquefied natural gas (LNG) facility on Barrow Island off Australia's north-west coast.
The company evacuated all workers and plans to repair the low-pressure flare system and acid-gas removal unit prior to resuming production.
Exxon Mobil and Royal Dutch Shell partly own the terminal, which still plans to load an LNG cargo in the coming days.
Schlumberger company OneSubsea secured a $300m contract for Woodside Energy's $1.9bn Greater Enfield project in offshore north-west Australia.
Under the engineering, procurement and construction (EPC) contract, Woodside will supply a subsea production system, as well as a dual multiphase boosting system for the project.
The contract will include six horizontal SpoolTree subsea trees, six horizontal trees for the water injection system.
Statoil announced that construction works on the Johan Sverdrup riser platform have started at the Samsung Heavy Industries yard in South Korea.
In January last year, Aker Solutions secured the contract for engineering and procurement management for the processing platform and riser platform for the field, following which preparations for the riser platform construction started.
The 124m long riser platform is 28m wide, 42m tall, and weighs 23,000t.
US-based National Oilwell Varco (NOV) and the UK's GE Oil & Gas signed an agreement to deliver integrated solutions for floating production storage and offloading (FPSO) vessels.
The agreement will combine product offerings and engineering capabilities of the companies and optimises engineering design and supply comprehensive topside solutions for FPSO projects.
NOV has also installed and commissioned equipment on various vessels in shipyards for the oil and gas drilling industry. The company engineers and manufactures advanced fluids pumping, treatment and processing systems.
The US Bureau of Ocean Energy Management (BOEM) notified oil and gas companies with leases in the Gulf of Mexico to comply with new financial assurance and risk management requirements designed to protect taxpayers from the costs of decommissioning old production facilities.
The Notice to Lessees and Operators (NTL) provides details relating to improved procedures to determine the ability of a lessee to perform its obligations.
All Outer Continental Shelf (OCS) leases require companies to remove all facilities and restore the site to its pre-lease state at the time of decommissioning.
Norway-based Det norske announced the completion of topside installation on the Ivar Aasen field at UtsiraHight.
The field is situated west of the Johan Sverdrup field in the North Sea and contains approximately 204 million barrels of oil equivalents.
Around 15,000t was lifted onto the jacket and first oil from is expected in December 2016.
Petróleo Brasileiro (Petrobras) announced the sale of its stake in exploration block BM-S-8 in Brazil’s Santos Basin to Statoil Brasil Óleo e Gás for $2.5bn.
The latest deal comes as a result of a competitive bidding process and represents a significant development in the partnership between the two companies. It also forms a vital part of the Petrobras 2015-16 partnership and divestment plan.
Petrobras and Statoil have already signed cooperation agreements for technological development in offshore exploration and production.
Acteon company Claxton been selected to provide 'rigless recovery' of seven abandoned wells on Statoil-operated Huldra platform in the Norwegian Continental Shelf.
Work on the platform is set to begin in December and the project is due for completion within 21 days.
Claxton will be responsible for providing full scope of decommissioning work, including project planning, severance, and full multiple string recovery.
Industry regulator the Oil and Gas Authority (OGA) awarded contracts to PGS and WesternGeco for the second UK Government-funded £20m seismic campaign to promote underexplored areas of the UK Continental Shelf (UKCS).
PGS’s Nordic Explorer vessel will carry out seismic surveys across the East Shetland Platform, which has the East Orkney Basin, East Fair Isle Basin and Dutch Bank Basin.
Surveys around South West Britain, including the Celtic Sea, Western English Channel, Bristol Channel, St George’s Channel and the Irish Sea will be carried out by WesternGeco’s vessel WG Magellan.
US-based Noble Energy signed a $369m agreement to divest a 3% working interest in the Tamar field in offshore Israel to Harel Group and Israel Infrastructure Fund (IIF).
Under the agreement, both Harel and IIF can opt to acquire an additional 1% working interest from Noble Energy at the same valuation, prior to closing of the deal.
The deal is subject to customary terms and conditions and is expected to close in the third quarter of this year.