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J during the next 12 months.

Bittern install

The new agreement fts well with Statoil’s

Ocean Installer won a exploration strategy of getting access at scale contract from Shell UK and focusing on high impact opportunities. for umbilical installation

Commenting, Statoil CEO Helge Lund said, at the Bittern feld, blocks “This MoU refects our long term commitment 29/1a & 1b in the UK sector to Azerbaijan. We are pleased that the State of the central North Sea,

Oil Company of the Republic of Azerbaijan is 200km east of Aberdeen. working closely with us as we progress with

The company will install

Deepwater Gunashli off Azerbaijan our plans for the further development in the two new static umbilicals

Image: BP

P signed Caspian area.”

Statoil and SOCAR of 20.7km and 1.8km in a memorandum of understanding (MoU) to “Statoil has been present in Azerbaijan for length. This includes pre- jointly explore and develop the Zafar-Mashal more than twenty years and this agreement is lay engineering, survey structures in the Azerbaijani sector of the an illustration of the strength of cooperation and confrmation of all

Caspian Sea. The MoU defnes the framework that exists between SOCAR and Statoil. We routes and subsea work, within which the companies will explore the look forward to developing new prospects in umbilical monitoring and opportunities, conduct negotiations and cooperation with SOCAR,” said president for testing, installation, burial, agree on key commercial principles and terms Statoil in Azerbaijan Lars Troen Sørensen.

and post installation testing.

Tamar feld development subsidiary HRT Walvis transaction in Kazakhstan’s

K

Total wins has total production Petroleum Ltd., spud Caspian sector, which is

Cyprus blocks capacity of 1600MMcf/d. It the Wingat-1 (2212A/07) under review by the host

Total entered two also built the jacket, which exploration well Government. production sharing sits in 800ft of water. offshore the Republic of The ACG felds are in the contracts with the Namibia. The Wingat-1 Caspian Sea about 100km

Republic of Cyprus for well, which targets the east of Baku. BP operates blocks 10 and 11 as part Wingat Prospect inside the felds on behalf of of the country’s second Petroleum Exploration the AIOC coventure, offshore exploration License 23, is located formed of BP, Chevron, licensing round. The approximately 200km Devon, Statoil, SOCAR, licenses, southwest of northwest of Walvis Bay at ExxonMobil, Inpex, Itochu,

Cyprus, extend over 2572 a water depth of 1,034m. and TPAO.

Image: Delek sq km and 2958 sq km. The semisubmersible Tamar feld

Q

Gazprom

Transocean Marianas will

M

L

Tamar Total readies Kirinskoye drill the Wingat-1 well to a production begins launches Congo fow total depth of 4,100m.

Production from the Total development

O

ONGC Videsh

Tamar feld offshore Israel reached a fnal investment

Ltd started in April. The decision for its Moho . fnalized a US$1 feld is estimated to hold Nord development off billion purchase of Hess nine trillion cubic feet of the Republic of Congo. Corp.’s 2.72% stake in natural gas, and is being Located approximately the Azeri, Chirag, and developed by a group that 75km from Pointe-Noire Guneshli felds (ACG), and

Image: Gazprom includes Noble Energy, and 25km west of N’Kossa Hess’ 2.36% stake in the

Kholmsk, Sakhalin Region

Delek Drilling, Avner Oil in water depths ranging associated Baku-Tbilisi-

Exploration and Isramco from 450m to 1,200m, the Ceyhan (BTC) pipeline. Natural gas production

Negev 2. Noble says the Moho Nord project will The deal is worth an will begin this year from

Tamar project includes target additional reserves estimated US$884 million the Kirinskoye gas and the world’s longest subsea in both the sourthern and after tax net proceeds. condensate feld under tieback at 93 miles and northern portions of the ONGC said that this is the Sakhalin III project, in 5,505 ft water depth. license.The additional the frst acquisition of a Gazprom announced. It

Gas from the feld 80km reserves are estimated at producing property made said that for the frst time offshore Haifa is fowing to approximately 485mmboe. by the company in the in Russia’s history subsea

Ashdod. Caspian Region. ONGC production systems

N

HRT Wavlis

US frm Kiewit Offshore Videsh also announced will be used to produce spuds well

Services fabricated the it has fnalized a major natural gas. 11,000-ton topsides for the HRT’s wholly-owned multi-billion dollar The company plans to

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