Statfjord A Platform To Be Decommissioned in 2022
After producing for 43 years, the Statfjord A platform will cease production in 2022. The topside will be dismantled and recycled at Kvaerner's Stord yard in Norway, where it was built in the 70s. The Allseas Pioneering Spirit, the world’s largest heavy-lift vessel, will remove the 48,000-tonne topside in one single lift. The platform is one of the oldest on the Norwegian continental shelf. Originally scheduled to be decommissioned in 1999, its lifespan was extended several times.
Subsea Markets Face High Stakes if Oil Prices Slide
In a $60 to $70 oil environment, the subsea market is poised to grow around 7% annually up to 2025. But a significant portion of this activity is at risk if the price of Brent crude falls to $50 per barrel.
Swire Seabed Completes Autonomous Pipeline Inspection for Equinor
The subsea operations company said its most recent campaign is the first fully unmanned offshore pipeline inspection completed “over the horizon,” surveying up to 100 km from the shore.
Equinor Starts Up Mariner Field in North Sea
One of the largest industrial projects in the UK in recent years, Mariner marks Equinor’s first operated field on the UK Continental Shelf. It is expected to produce 70,000 BOPD at peak rates.
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