McDermott lands FEED contract in Trinidad
Trinidad and Tobago The scope of the deal involves building a wellhead platform, export pipeline system, shore approach, midstream pipeline and onshore control room.
The 48.4-square-kilometre Manatee field is located in water depths of 91 metres next to the maritime Venezuelan border.
The two markets have agreed to develop the two portions of the Loren-Manatee play independently.
Shell operates the Manatee field with a 100% stake under a 25-year contract.
Initial production at the site is expected to be around 9.91 mcm (350 mcf) per day and ramp up to 19.8 mcm (700 mcf) per day.
Cost of the FEED contract was not disclosed.
Recent Posts
Iberdrola to triple offshore wind assets to $18 billion
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Angola’s Azule Energy awards Saipem $850-million contract
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration spuds new well in Colombia
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas makes discovery off Suriname
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japan’s JERA slates $32 billion for LNG, renewables, new fuels
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron planning UK North Sea exit
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More