December 2019

YourOilAndGasNews – DNO ASA, the Norwegian oil and gas operator, today announced the completion of the asset swap agreement between Equinor Energy AS, a wholly-owned subsidiary of Equinor ASA, and Faroe Petroleum plc, a wholly-owned subsidiary of DNO, following approval by Norwegian authorities.

The transaction has an effective date of 1 January 2019.

As part of the transaction, Faroe Petroleum’s interests in the non-producing Njord and Hyme redevelopment and Bauge development assets were exchanged for interests in four Equinor-held producing assets on a cashless basis, including interests in the Alve, Marulk, Ringhorne East and Vilje fields.

DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, United Kingdom, Netherlands, Ireland and Yemen.

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ENI awards EPC contract for Amoca field offshore Mexico

YourOilAndGasNews – McDermott International has announced the award of a contract by ENI México for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field, located approximately 18 miles (30 kilometers) offshore Dos Bocas in southeast Mexico.

The four-deck topsides will have two main decks and will weigh approximately 2,924 tons (2,653 metric tons). The four-legged jacket and piles will weigh approximately 1,785 tons (1,620 metric tons). McDermott will perform the hookup, commissioning and startup of 12 wells. The jacket and piles are scheduled to be ready for loadout by the end of the fourth quarter 2019 while the deck is expected to be ready for loadout by the end of the second quarter 2020.

“This contract marks McDermott’s largest award to date with ENI México and it builds on our previous success in delivering ENI’s projects with the highest levels of safety, quality and cost-efficiency,” said Mark Coscio, McDermott’s Senior Vice President for North, Central and South America. “For the Amoca Field project, we will provide word-class solutions through our engineering center in Mexico City and our fabrication facility in Altamira to perform the work.”

The engineering work is expected to begin immediately, and the contract will be reflected in McDermott’s second quarter 2019 backlog.

The Amoca WHP1 is an unmanned oil and gas production facility that includes eight producer wells and four water injection wells. WHP1 will be installed in the Gulf of Mexico, Contract Block 1 at an approximate water depth of 93 feet (28 meters). Fluids will be exported to a floating production, storage and offloading vessel.

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YourOilAndGasNews – Weir Oil & Gas, a leading upstream provider of pressure pumping and pressure control equipment and services, has announced an updated, field-proven Unitized™ Lock-Ring (ULR) wellhead. The ULR wellhead features a standardized design for shale plays in the U.S. that accommodates 95 percent of casing configurations in either 11 inch or 13-5/8 inch nominal sizes, ensuring faster delivery and greater flexibility for operators.

Weir’s newly designed wellhead features a ULR casing head housing that has been standardized to accommodate various casing sizes, eliminating the need to switch the housing and tools for differing wellsite requirements. The Weir® Quick Connect (WQC) features API gasket sealing capabilities and facilitates BOP make-up in drilling operations, making it safer while allowing for connections in 15 minutes or less.

The new wellhead presents versatility in installation methods by including preparations for a detachable baseplate, a slip lock bottom connector or a slip-on-weld bottom preparation. Additionally, the new time-saving design of the ULR has been further streamlined with new grout ports that allow for flow-by, eliminating the need to break the connection with the riser to install the head. The new ULR is also available with four-string capabilities, allowing operators to change well designs with greater adaptability to increasing well depths and lateral lengths.

Weir’s re-engineered ULR features upgraded sealing throughout the wellhead for better chemical compatibility and operational reliability to meet operator requirements for demanding environments. With the new design, lock screws have been replaced with robust inward-biased lock rings, further reducing leak paths.

“We are excited to bring our customers a new and more innovative ULR wellhead offering, standardized for most casing sizes,” said John Hrncir, President, Pressure Control NAM, Weir Oil & Gas. “Weir’s re-engineered ULR Wellhead will ensure that operators have a much higher level of flexibility and faster delivery, which is in line with our continued goal of delivering a competitive edge to our customers.”

The new Weir ULR wellhead is supported by Weir Edge™ Services, Weir’s global service offering with trained and audited installation crews and service centers in every U.S. basin and every part of the globe. Weir Edge™ Services supports operators with a three-pronged approach that includes global access to engineering experts for operational efficiency insights, highly skilled aftermarket support, and industry-leading customer empowerment technologies for Weir and other OEM equipment.

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