Lock mobilisation terms ahead of rising brownfield and P&A demand

Illustration; Source: Archer Archer has confirmed that it is engaged in advanced negotiations for a large contract for plug and abandonment services with an undisclosed company. While the firm did not reveal any additional information at this stage, it did explain that the potential contract relates to a multi-year P&A scope involving drilling, compact workover unit, and well services

While the firm did not reveal any additional information at this stage, it did explain that the potential contract relates to a multi-year P&A scope involving drilling, compact workover unit, and well services. “The parties are in an advanced stage of negotiations, and we expect the contract to be signed within a short timeline, however, there can be no assurance that a final agreement will be reached,” highlighted Archer

“The parties are in an advanced stage of negotiations, and we expect the contract to be signed within a short timeline, however, there can be no assurance that a final agreement will be reached,” highlighted Archer. These negotiations come weeks after the company obtained a multi-year contract extension with Equinor on the Norwegian Continental Shelf (NCS)

The charter enables the flotel to support the life extension program for the FPSO Saxi and the FPSO Mondo, providing offshore accommodation and support services during the offshore life-extension activities campaign

The charter enables the flotel to support the life extension program for the FPSO Saxi and the FPSO Mondo, providing offshore accommodation and support services during the offshore life-extension activities campaign. The shipping player emphasized: “With her proven DP3 capabilities, continuous gangway connection functionality, and large accommodation capacity, Nor Spirit is well-positioned to support safe and efficient offshore operations throughout the project

The shipping player emphasized: “With her proven DP3 capabilities, continuous gangway connection functionality, and large accommodation capacity, Nor Spirit is well-positioned to support safe and efficient offshore operations throughout the project. “This award further strengthens our presence in the offshore accommodation market, and we sincerely thank SBM Offshore, ExxonMobil as Block 15 operator, and all partners involved for their continued trust and confidence in our team and assets

As part of the plan to upgrade the water injection system, Perenco will also install a water injection line between the PCH1 and PCH2 units. The third stage is designed to focus on well interventions and re-entries to enable the resumption of production with 36 wells set to come back on stream, which entails 21 workover campaigns and a further evaluation effort for the best application of gas lift or ESP methods

The multi-dimensional, two-year reactivation program was designed to be executed in three linked stages with operational safety as the main guideline

A complex brownfield project, and a concrete expression of one of our core convictions at DORIS: transforming existing assets is one of the most tangible ways to make conventional energies cleaner,” emphasized the French firm