Shelf Drilling North Sea’s technical capabilities, coupled with its experience, will allow it to execute drilling plans with high standards of safety and efficiency for its clients.
The company highlighted that its Optimized Cascade system has been successfully implemented in multiple international LNG projects.
Both blocks have concessions valid until 2051.
The processing modules traveled more than 2,300 kilometers from Canada to Alaska for integration into the Pikka project.
Shelf Drilling’s board of directors unanimously recommended the transaction as fair in terms of value to its shareholders.
This project aims to develop an export capacity of 9.5 million tons per year.
They claim that the development of the field has a break-even point of US$40 per barrel.
ENGIE will receive 20 PJ per year of gas from Narrabri, with 100% destined exclusively for Australian domestic consumption.
The Castorone vessel deploys 80 km of Pipe-in-Pipe technology at a depth of 1350 meters.
In 2024, Lime issued bonds for NOK 1.75 billion, the proceeds of which are partially directed to this operation in Benin.
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