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up for offshore installation activities and is on budget and on track for ? rst oil by mid-2016. The TEN project, named for the Tweneboa, Enyenra and Ntomme ? elds, is a ? oating production, stor- age and of? oading (FPSO) vessel development in the

Deepwater Tano contract area. The project, which sits close to the border with

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Ivory Coast, will produce

F via 24 wells, in 1500m water depth.

In 2Q 2015, the ? rm ran the ? rst two of 10 well comple-

L tions on the project, the TEN

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FPSO turret was installed, and the ? rst in-country

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O fabrication works were made

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J ready for the start of the off-

I shore installation campaign in mid-July.

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Iran agreement

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Sanctions on Iran’s oil production look set to be lifted after the country and six world powers ? nally reached a deal over the country’s nuclear program.

The move could ? nally re- open Iran to international oil companies and contractors

I condensate. The Alder well is at some US$114.7 million

Cameroon FLNG and enable the country to reaches milestone expected to be drilled in 2015 (NOK 900 million). ramp up production back

Golar LNG, the national oil with the Blackford Dolphin to its pre-2012 2.5 MMb/d

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Sakhalin gets bigger ? rm Societe Nationale de semisubmersible drilling level.

Hydrocarbures and French rig, with ? rst production is Russian gas producer Iranian of? cials said that if independent Perenco have expected in 2016. Gazprom and Shell signed a nuclear accord is reached agreed the commercial terms an agreement to expand the and sanctions are lifted, Iran

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Gullfaks development

Sakhalin-II LNG project. can double its oil exports in for Africa’s ? rst ? oating plan changes

Sakhalin-II saw the develop- the next six months by pro-

LNG (FLNG) export proj-

Statoil and its partners sub- ducing 1 MMb/d. However, ment of two offshore oil and gas ect. The move will bring mitted an amendment to the Wood Mackenzie says it ? elds: Piltun-Astokhskoye and natural gas from the offshore plan for development and would be a gradual process

Lunskoye, off the north-eastern

Kribi ? elds to market via a operations for the Gullfaks with sanctions not fully lifted coast of Sakhalin, later followed

FLNG unit, which will be license to the Ministry of until mid-2016.

by two LNG trains – Russia’s stationed 20km offshore

Petroleum and Energy for ? rst LNG facility with capacity

Cameroon. The joint ven-

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Noble, Israel move phase 1 of the Shetland/Lista for 8.7 MTPA of LNG. The ? rms ture anticipates allocated forward development. Phase 1 of the are looking to develop a third reserves to be produced at

The Israeli government has development is expected to

LNG train with additional gas the rate of 1.2 MPTA of LNG decided to move forward add 18 MMboe.

volumes to be produced by the over an eight-year period, in the development and

The development concept

Sakhalin III project. with production slated to

In support of the Sakhalin expansion of natural gas will reuse 15 existing wells being in 1H 2017.

III project, 3D surveys and ? elds off the country’s from the Gullfaks platforms

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Tullow’s TEN starts exploration will be car- coast. It is expected that the and will not require new installation ried out on the Ayashsky country will allow Noble infrastructure, in an effort

Tullow Oil’s TEN project and Costochno-Odoptinsky Energy and its partners to increase pro? tability. offshore Ghana is ramping blocks further north. to keep control of its

Investment costs are estimated oedigital.com August 2015 | OE 15 014_OE0815_Global briefs_v1em.indd 15 7/21/15 2:17 PM