Oilfield giant schlumberger has revealed a slew of new contacts including a deal to supply equipment to the Leviathan field, offshore Israel, and to perform ocean bottom survey work on BP’s Clair Ridge field, west of Shetland, UK.
The firm also says that while market strengthening has been around land markets, it is now seeing an increasing number of new offshore projects being prepared for tendering and final investment decision in many of the world’s shallow water basins. Schlumberger’s Q2 revenues grew 8%, compared to Q1, to US$7.4 billion, or a 4% rise if compared to the same period last year.
BP awarded WesternGeco the data processing and imaging of a state-of-the-art, ultrahigh-density ocean-bottom survey to be acquired over the Clair Ridge field. The survey will become the baseline for future 4D time-lapse studies of the area and includes advanced velocity model building and multicomponent processing and imaging technologies, Schlumberger said in its Q2 results.
Noble Energy Mediterranean awarded Schlumberger a contract for the provision of a measurement and control system for the deepwater Leviathan development. The valves and measurement system will include two large, multirun metering skids, Caldon gas and liquid ultrasonic custody transfer meters, a bidirectional prover, and a building to house multiple natural gas component analyzers and supervisory control systems.
Meanwhile, in the US Gulf of Mexico, OneSubsea and its Subsea Services Alliance member, Helix Energy Solutions, received an expression of interest for rental of the jointly developed 15,000 psi Intervention Riser System, starting in Q4 2017. This system, in which the construction was launched mid-2015, will be the first of its kind available on a rental basis to address the growing intervention needs of high-pressure subsea wells.
Repsol Exploracion Guyana, awarded WesternGeco a 4000sq km survey offshore Guyana near recent major oil discoveries. In addition, Tullow awarded WesternGeco two contracts—one for a 2150sq km 3D survey offshore Guyana and the second for data processing of a recently acquired dataset in Uruguay. The Uruguay data will be processed in the WesternGeco Gatwick Geosolutions center using prestack depth migration and a broadband processing flow.