E&P Highlights: Oct. 14, 2024
Here’s a roundup of the latest E&P headlines, including another delay at one of the largest gas fields in the world and two major contracts in West Africa.
Baker Hughes Lands Company’s Largest Compressor Line Order
Baker Hughes’ project includes 10 integrated compressor line units that will be installed at the Margham Gas storage facility in Dubai, United Arab Emirates.
Golar LNG Enters $1.6B EPC Agreement for FLNG Project
Golar said the floating LNG vessel has a liquefaction capacity of 3.5 million tons of LNG per annum and is expected to be delivered in fourth-quarter 2027.
TGS Awarded 2D Survey in the Sumatra Basin
TGS’ Sumatra Basin seismic acquisition is expected to be completed by the end of 2024.
Helix Secures Multi-year GoM Contract with Shell Offshore
Under the contract, to begin in 2025, Helix Energy Solutions will provide well intervention services for Shell Offshore in the U.S. Gulf of Mexico.
STRYDE Awarded Seismic Supply Contracts in Mexico
STRYDE was awarded two seismic node supply contracts in Mexico, the company’s first projects in the country.
Hunting Wins Contracts for OOR Services to North Sea Operators
Hunting is securing contracts worth up to $60 million to deliver organic oil recovery technology to increase recoverable reserves for North Sea operators.
Shell, Akselos Enter Enterprise Deal for Structural Performance Management
Shell Information Technology International will leverage Akselos’ structural performance management software to monitor the health and lifecycle of Shell’s critical assets in Qatar, Canada, the Gulf of Mexico and elsewhere.
FourPhase Secures Three New Contracts in UK and UK Continental Shelf
The contracts include coiled tubing and de-sanding services for operators in the U.K. Continental Shelf.
Bechtel Awarded $4.3B Contract for NextDecade’s Rio Grande Train 4
NextDecade’s Rio Grande LNG Train 4 agreed to pay Bechtel approximately $4.3 billion for the work under an engineering, procurement and construction contract.