A Barrel Fulll Archive

March 30, 2015 Dragados Offshore delivered Total Austral the Vega Pleyade Project on the 25th March 2015, obtaining the Ready for Transportation certification signed by the Client. Our SOW included the engineering, procurement, construction (EPC), including in-house detail design, onshore commissioning, load-out and sea-fastening of the WHP topsides (1.500 tonnes), 4-legged jacket (1.000 tonnes), and piles. These components sailed away towards a gas field located in Tierra del Fuego, Argentina. The field is located approximately 20 km from the coast.

26/09/2022 Corinth Pipeworks has been selected by TotalEnergies and his Partners (WintershallDea and Pan American Sur) to manufacture and supply approximately 40km of 24” longitudinally submerged arc welded steel pipes for the Fenix phase 1 gas export pipeline. Fenix gas field is part of the Cuenca Marina Austral (CMA-1) license, operated by Total Austral in Tierra del Fuego, Argentina since the 1990’s, one of the world’s most southern offshore development locations. Fenix will be the latest addition being developed with a minimum wellhead platform sending production towards the Vega Pleyade platform for subsea connection to the existing pipeline to onshore. The pipes will be manufactured in Corinth Pipeworks’ facilities in Greece, and installation work will commence according to schedule in 2023. Scope of supply also includes external 3LPE anti-corrosion coating and concrete weight coating applied at the same location as pipe manufacturing in Thisvi, Greece. Corinth Pipeworks’ CEO...

02/25/2016  Total has started up production at the offshore Vega Pleyade gas and condensate field in the Tierra del Fuego region of Argentina. Operated by Total, the project will have a production capacity of 10 million cubic meters of gas per day (70,000 barrels of oil equivalent per day (boe/d)). "Vega Pleyade is Total's second start up this year and will contribute to our production growth in 2016 and for the years to come,” commented Arnaud Breuillac, President Exploration & Production. “The project consists of the development of one of the largest offshore gas fields in Argentina and is the world's southern-most gas development. It will allow us to maintain the level of our operated production in Tierra del Fuego at around 18 million cubic meters per day (130,000 boe/d) and to contribute to the long-term delivery of gas to Argentina." The Vega Pleyade development consists of a wellhead platform in 50 meters water depth, tied back via a 77 kilometer offshore ...

September 19, 2022 TotalEnergies has approved the final investment decision for the Fenix gas development , located 60 km off the coast of Tierra del Fuego in southern Argentina. Through its Total Austral affiliate, TotalEnergies operates the project with a 37.5% interest, in partnership with WintershallDea (37.5%) and Pan American Sur (25%). The Fenix field will be developed through three horizontal wells, drilled from a new unmanned platform in 70 meters water depth. The gas will be transported through a 35km pipeline to the TotalEnergies-operated Véga Pleyade platform and treated onshore at the Rio Cullen and Cañadon Alfa plants, also operated by the Company. At production start-up, expected early 2025, Fenix will produce10 million cubic meters per day of natural gas (70,000 barrels of oil equivalent per day). This development represents an investment of approximately $706 million. “This latest development demonstrates TotalEnergies' ability to leverage its hydrocarbon portfoli...

26/01/2023 Corinth Pipeworks has been selected by Chevron Mediterranean Ltd. to manufacture and supply approximately 155km of 20” longitudinally submerged arc welded steel pipes for the Tamar gas field optimization development, in the Southeastern Mediterranean. The project will provide critical infrastructure, as it will connect the subsea manifold at a maximum water depth of 1,700 meters to the offshore platform where gas will be processed before being transported to shore in Israel. The pipes will be manufactured at Corinth Pipeworks’ facilities in Greece, and installation work will commence according to schedule within 2024. Scope of supply also includes internal and 3-layer polypropylene, external coating, applied at the same location as pipe manufacturing at Thisvi, Greece. “It is a significant project that highlights the leading position of Corinth Pipeworks as a Tier 1 supplier for complex offshore projects requiring high technological expertise” commented Ilias Bekiros, C...

3 March, 2017 Amsterdam based Oil and Gas producer Oranje-Nassau Energie B.V. (“ONE”) announced today that it has signed a sale and purchase agreement with Calgary, Alberta based Sterling Resources Ltd. (“Sterling”) and its wholly-owned UK subsidiary SRUK Holdings Ltd, to acquire the entire issued share capital of Sterling Resources (UK) Ltd (“SRUK”) for a consideration of US$163 million in cash. SRUK’s key asset is the 30% working interest in the INEOS operated Breagh gas field in the UK Southern North Sea. SRUK further holds 2% in the Cladhan production license and various other exploration licenses in the UK and the Netherlands via SRUK’s subsidiary Sterling Resources Netherlands B.V. Breagh net production to SRUK in 2017 is estimated to be 3,000 boe/d. Breagh’s long term production profile will further strengthen the ONE portfolio. ONE’s production is expected to increase from 22,000 to over 25,000 boe/d following the completion of this transaction. Commenting on the acquisition A...

26 November 2021 NEO Energy today announces it has signed an agreement to acquire 100% of the share capital of JX Nippon Exploration and Production (U.K.) Limited (“JX UK”). JX UK holds non-operated interests in multiple producing fields and associated infrastructure in the UK North Sea including a 20% interest in the Mariner field and an 18% interest in the Culzean field . The transaction excludes JX UK’s interests in the Andrew Area. The transaction is subject to approvals from the relevant authorities and regulatory consents.