Reassess P&A Mobilisation Risks as Offshore Activity Climbs

“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

As ACG continues its transition into a more complex and mature phase, multilateral technology is expected to play a critical role in unlocking additional reserves and extending the economic life of the asset. This is the first time we are applying this well design in ACG, and it clearly demonstrates our commitment to deploying the right technologies to maximize recovery from our existing assets

We believe it represents one of the most effective ways for us to continue delivering energy safely, efficiently and responsibly, while extending the life of this world-class asset. ” The first MLT well, known as C44, was delivered from the West Azeri platform, marking a landmark achievement for ACG as the first multilateral well ever drilled in the Caspian, demonstrating both the feasibility and value of this technology in the asset’s complex reservoir environment

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

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

The Japanese player conducted exploratory drilling to a water depth of 1,900 meters, with understanding and cooperation from the local community, including the fishing industry and local government

(JAPEX) has shed light on its exploratory drilling activities in the offshore Hidaka area of Hokkaido

(JAPEX) has shed light on its exploratory drilling activities in the offshore Hidaka area of Hokkaido. Valaris 8504 rig, formerly ENSCO8504; Courtesy of Valaris JAPEX completed the exploratory drilling in the offshore Hidaka area of Hokkaido on June 10, 2026