Tighten P&A Contracts Ahead of Subsea Shift and Rig Demand

Skip to main contentOffshore energy industry news, trends, insights and outlooksCourtesy Valaris Limited LinkedInNew awards for Valaris include a two-well Gulf of Mexico exploration program, a 41-well North Sea decommissioning campaign and jackup contracts offshore Poland and the UK

comCourtesy Velesto EnergyCourtesy Velesto EnergyCourtesy Ventura Offshore / Ventura Petroleo S

Courtesy SolarDuckSolarDuck says its offshore floating power hub, combining floating solar, battery storage and auxiliary generation, could offer a lower-cost alternative to long subsea umbilicals

Skip to main contentOffshore energy industry news, trends, insights and outlooksID 455280363 © John Krutop | Dreamstime. comAs operators pursue lower emissions, smaller platform footprints and longer tieback distances, more processing functions are moving from topsides to the seabed

comAs operators pursue lower emissions, smaller platform footprints and longer tieback distances, more processing functions are moving from topsides to the seabed

SolarDuck’s approach reduces costs associated with long-distance subsea umbilicals, especially as tieback distances increase. The floating power hub can support a range of offshore applications, from subsea production to CCS developments and remote assets

"The fundamental drivers hinge around the fact that the cost for subsea umbilicals supply and installation typically increases as a function of length, whilst our concept does not," Burgers explained. Courtesy SolarDuckThis concept illustration shows a SolarDuck Offshore Floating Power Hub supplying power and communications to remote subsea infrastructure as an alternative to long-distance subsea umbilicals

Courtesy SolarDuckSolarDuck's Offshore Floating Power Hub combines floating solar generation, battery energy storage and auxiliary power systems to provide electricity and communications for remote offshore assets. As operators pursue longer subsea tiebacks and carbon capture and storage (CCS) developments, SolarDuck is advancing a floating offshore power concept designed to provide power, communications and other utilities closer to the asset rather than relying solely on traditional long-distance umbilicals

Development drilling progresses across Gulf of Thailand assets Elsewhere in the Gulf, Valeura initiated a drilling campaign on the Jasmine Field in mid-June, conducted from the Jasmine-C and Jasmine-D platforms

The program includes three single-bore development wells and a two-wellbore multi-lateral development well. Engineering and construction is progressing on another project to add four further well slots to the Nong Yao A platform, which should be ready for drilling in the fourth quarter

Development drilling progresses across Gulf of Thailand assets Elsewhere in the Gulf, Valeura initiated a drilling campaign on the Jasmine Field in mid-June, conducted from the Jasmine-C and Jasmine-D platforms. The program includes three single-bore development wells and a two-wellbore multi-lateral development well