WORLD PROJECTS
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CANADA - Core Bay du Nord Development Equinor $9.56 billion
The Canadian Government has granted approval to the Bay du Nord oil project. The field will be developed with an FPSO with a capacity of around 1 MMbbl of oil and equipped with a quick connect-disconnect mooring and riser system due to the iceberg-prone location.
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CONGO BRAZZAVILLE Marine XII FLNG Eni $500 million A second FLNG is to be sanctioned off the coast of Congo Brazzaville. To be located on the Marine XII block which contains 10 tcf of gas. New Fortess Energy (NFE) has been contracted to supply its 1.4mtpa rig based modular ‘Fast LNG’ vessel, which uses a jackup to house the liquefaction technology. The aim is for the vessel to be on location in the third quarter of 2023.
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ANGOLA - Ndungu Oil Field – FPSO Eni $1 billion
NORWAY - Kveikje Oil & Gas Discovery Equinor $250 million
GUYANA - Yellowtail Oil Field ExxonMobil $10 billion
MOROCCO - Anchois Gas Field Chariot Oil & Gas $400 million
Following the drilling of the Ndungu 2 appraisal well, intensive data acquisition was performed to assess the full potential of the discovery. Preliminary data suggests reserves of up to 1 Bboe in place. Eni is now considering utilising an FPSO to develop the field.
Equinor has discovered oil and gas at Kveijke in the Norwegian North Sea, within licence PL-293B. Preliminary estimates suggest recoverable resources are between 28-48 MMboe. The discovery is close vicinity other recent discoveries: Swisher (8km) and Toppand (10km), meaning Kveijke could be developed as part of an area cluster development. Another option is to tie back the discovery to the existing infrastructure located nearby.
ExxonMobil, following approval of the field development plan by Guyana’s government, has made a final investment decision to develop the field. SBM Offshore and McDermott have been awarded the EPC contract for the FPSO. SBM Offshore will be responsible for constructing, installing, leasing and finally operating the One Guyana FPSO, a Fast4Ward programme unit, for up to two years.
Chariot has announced the results of the Anchois-2 well which was completed in January 2022. The well encountered a net pay of approximately 150 metres of excellent quality dry gas. Further studies will be undertaken on the economics of the development of the discovery. The initial concept put forward involved two to three wells tied back with a 14-inch pipeline to an onshore central processing facility.
www.ogv.energy I May 2022
