Act on shifting APAC drilling supply signals and mobilization risks

” MLT diagram; Courtesy of BP The operator, which confirmed the deployment of multilateral well technology (MLT) last month, described the MLT’s first application in ACG as a significant step forward in efforts to step up recovery and sustain long-term production from one of the Caspian’s most mature assets. The introduction of MLT is perceived to address the technical challenges of drilling through complex formations in ACG, alongside increasing constraints on available platform slots

“The well also represents a successful integration of subsurface, drilling and completion disciplines, demonstrating how coordinated delivery can unlock both technical and commercial value. Beyond its immediate performance, the first MLT well establishes a compelling business case for wider deployment of multilateral technology across the field

Morrice outlined: “Delivered with strong safety performance and no incidents, the first MLT well was completed 30 days ahead of plan, with both drilling and completion phases significantly outperforming timelines. This achievement reflects disciplined planning, high-quality execution and effective management of subsurface uncertainty

BW Offshore explains that production is being managed in close coordination with the operator of the Barossa field during this phase of the ramp-up and commissioning program. The company emphasizes that it remains focused on safe and stable operations, the completion of the remaining commissioning activities, and progress toward practical completion, which will mark the commencement of the long-term firm contract period for the vessel

The company emphasizes that it remains focused on safe and stable operations, the completion of the remaining commissioning activities, and progress toward practical completion, which will mark the commencement of the long-term firm contract period for the vessel

FPSO BW Opal; Source: Santos BW Offshore has disclosed the completion of the interim performance test (IPT) for the FPSO BW Opal, as part of the commissioning program for Santos’ Barossa LNG project offshore northern Australia

Once the jacket arrives in the Black Sea, it will be lifted and placed vertically by the Saipem 7000 crane vessel, then installed on the seabed and anchored with eight 2

Neptun Deep jacket; Source: Saipem While announcing that the jacket for the Neptun Deep gas development project in the Romanian Black Sea has left its Sardinian shipyard in Arbatax, Saipem underlined that the sail-away occurred after the recent completion of load-out operations

A deal for the project was awarded to Saipem in August 2023 and entails the engineering, procurement, construction and installation of a gas production platform, consisting of the jacket fabricated in Arbatax, Sardinia, upon which the topside, the upper part of the platform, will be installed, coming from the firm’s shipyard in Karimun, Indonesia. The Italian giant’s scope of work on the project also includes subsea segments for the Domino field, located at a water depth of approximately 1,000 meters, and the

“The first results from our resource definition drilling program at Mt Olympus are highly encouraging,” Kalamazoo executive director Ben Ackerman said. “The drilling is returning strong high-grade intersections that continue to validate the existing resource model and supporting the potential conversion of inferred resources to the indicated category

” “Encouragingly, drilling has also identified strong grade development at lower reduced levels (“RL”)within the proposed open pit limits currently being assessed in the pre-feasibility study (PFS), highlighting the potential to add ounces within the planned mining envelope

Initial assay results from the first 16 holes of the company’s 14,000m Mt Olympus resource definition drilling program delivered nine intersections exceeding 50 gram-metres, including 21m at 6