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Plugging operations began last month in conjunction with the planned shutdown of the Veslefrikk field. PHOTO SOURCE: Øyvind Hagen/Equinor
Plugging operations began last month in conjunction with the planned shutdown of the Veslefrikk field in the North Sea, Equinor (NYSE: EQNR) reported Monday.
“Veslefrikk was a technologically pathbreaking development which has paved the way for new, lighter offshore structures after the era of concrete giants in the North Sea,” Geir Sørtveit, Equinor’s senior vice president for Operations West, observed in a written statement emailed to Rigzone.
Equinor Energy AS holds an 18-percent interest in Veslefrikk, which was discovered in 1981 and reached first oil in 1989 via a floating production unit – the first such development concept on the Norwegian continental shelf. Its partners in the license include Petoro AS (37 percent), Repsol Norge AS (OTCMKTS: REPYY) (27 percent) and Wintershall Dea Norge AS (18 percent).
Petrofac has revealed that it has divested its in-person training business in Scotland to 3t Energy Group.
As part of the sale – which includes Petrofac’s survival and marine, health and safety, fire and major emergency management capability and facilities in Aberdeen and Montrose – 104 employees will move to 3t Energy Group. Petrofac said its training offering in the UK will now comprise digital content development, the provision of proprietary learning and competency management software, and virtually delivered emergency response and crisis management services.
Petrofac outlined that the divestiture was in line with its strategy to “combine industry expertise with technology to accelerate and assure competence and support best-in-class emergency response”. The value of the deal was not disclosed by Petrofac or 3t Energy Group.
Brent oil resumed gains as the market assessed the fallout from the big freeze across Texas, with Goldman Sachs Group Inc. predicting prices will advance i.