Neptune awards drilling contracts for Seagull project in UK North Sea

first_imgUnder one of the contracts, Halliburton will supply high pressure/high temperature completions equipment to Neptune Image: Neptune has awarded drilling contracts for Seagull project in UK North Sea. Photo: courtesy of D Thory/Pixabay. Neptune Energy and its partners BP and Japex have awarded new drilling services contracts for its Seagull project in the UK waters of the Central North Sea.The total value of the contracts is estimated to be worth $40m.Under the terms of the agreements, US-based oilfield services company Halliburton will supply high pressure/high temperature completions equipment to Neptune.On the other hand, Schlumberger Oilfield UK will provide perforating services while its M I Drilling Fluids subsidiary will offer mud, drilling fluids and well-bore clean-up services.The joint venture has awarded contracts under a three-year agreement, with two one-year options to extend.Neptune Energy Seagull project manager Shona Campbell said: “The Seagull development is hugely important for Neptune and underlines our commitment to growing our operations in the UK North Sea.“The award of the contracts is also a crucial step in the development and demonstrates the diverse range of technical expertise available from UK suppliers.“Seagull has already been recognised as an excellent example of what can be achieved through a collaborative approach between partners and we look forward to continuing to progress with this development at pace.”Details of Seagull project in UK North SeaSeagull, which is a high pressure, high-temperature development, is contained in Block 22/29C, in UK licence P1622.Neptune and its partners had made a final investment decision (FID) in March on Seagull.As per its Field Development Plan (FDP), the partners plan to tie back the Seagull oil project to the BP-operated ETAP Central Processing Facility (CPF), which has been producing from the Eastern Trough Area Project for more than 20 years.Seagull is 17km south of the ETAP CPF and will partially use the latter’s existing subsea infrastructure. The first production from the offshore field is targeted for the end of 2021.The Seagull project is expected to have an initial production of nearly 50,000 barrels of oil equivalent per day through its design life of 10 years with 80% of that being oil.Through a deal made in August 2018 with Apache North Sea (ANSL), a wholly owned subsidiary of Apache, Neptune Energy acquired a stake of 35% in the Seagull oil and gas field and also became its operator. BP holds a 50% stake while Japex owns the remaining 15% stake in the North Sea field.last_img read more

Saints hold Stoke as Owen says goodbye

first_imgMichael Owen called time on his career but there was to be no fairy-tale ending, as Stoke were held to a 1-1 draw at Southampton. Saints got off to a fine start at St Mary’s and Lallana saw a fine low strike tipped onto the post by Asmir Begovic, with Lambert lashing home the rebound from a tight angle but the flag was up. Lambert then fired a long-range effort wide, before heading over when backpedalling to meet a Nathaniel Clyne cross. The Potters went ahead 67 minutes into the second half when Geoff Cameron swung in a fine right-wing cross to Crouch and the former Southampton striker headed past Kelvin Davis in front of the 2,767 travelling fans. The goal seemed to kick-start Southampton into life and a fine cut-back by Clyne was struck goalwards by Steven Davis, whose effort would have found the back of the net had it not been for Asmir Begovic’s fine reactions. The former Portsmouth goalkeeper did well to block a fierce Lambert shot shortly afterwards, but could not hold Saints at bay for long. Begovic did excellently to stop a Davis strike sneaking in but Lambert was alert to fire home the rebound, ending a 621-minute wait for a goal. Were it not for the reactions of Ryan Shawcross, Saints could have turned the game on its head almost immediately. Substitute Andy Wilkinson directed the ball dangerously towards his own goal but the Stoke captain rose highest to head the ball clear away from danger. After an illustrious career that has taken him to Liverpool, Real Madrid, Newcastle and Manchester United, the former England striker announced in March that this was to be his last season. The clash got off to a blistering start with Adam Lallana hitting the post and Rickie Lambert having a goal chalked off for offside inside the opening 31 seconds. That was as good as it got in a poor first half, with Stoke returning after the break with a bang as Peter Crouch headed them ahead within two minutes. Lambert netted the 15th goal of his debut Barclays Premier League season to level and, with 16 minutes remaining, Owen came on to a standing ovation from all four corners of the ground. center_img Press Associationlast_img read more

United post record results

first_imgManchester United’s latest annual results confirm the club’s rapid commercial expansion. Press Association With new deals being announced on almost a weekly basis, it is no surprise commercial revenues have risen a staggering 29.7% to £152.5million for the year ended June 30, 2013. It is the most significant rise in an overall 13.4% increase in turnover to a club record of £363.2million. The club’s debt has fallen by 10.9% to £389.2million. The impressive commercial results come as United are explaining their troublesome transfer window to supporters, with communications director Phil Townsend insisting funds were available to Moyes, even though he only ended up signing Marouane Fellaini from Everton. “The club has always backed the manager in the transfer market, as Sir Alex (Ferguson) has said on many occasions and it will continue to do so,” said Townsend in a letter to fans who wrote to United for an explanation of what appeared to be a shambolic transfer window. “The club has demonstrated its belief in, and commitment to, David Moyes through the award of a six-year contract. “Allowing him to shape the future Manchester United team is a long term project not an eight-week panic. “He must be given time to assess his new squad and come to his own decisions on which players he feels will strengthen it. “Additional resources were there to add to that but it was not possible to agree with other clubs for the right players to leave. “The key point there is that the players we buy have to be the right ones for Manchester United; not just any player.” The adjusted profit for the period is £17.2million. Wages have risen 11.6% to £180.5million, partly as a result of the club taking on more staff to work on its new digital operation, but also an increase in player salaries. United have reported a rise in sponsorship revenue alone of 44.1% to £90.9million. However, broadcast revenue has dipped 2.3% to £101.6million as United gained only a 25% share of Champions League revenue paid to England’s four competing clubs in last season, due to a second-place finish behind Manchester City in the previous campaign. An increase in matchday revenues of 10.5% to £109.1million was mainly due to Old Trafford being a host Olympic venue. The club confirmed “exceptional items” costs of £6.2million were partly due to costs incurred with the flotation in New York, but also contracts of coaching staff – Mike Phelan, Rene Meulensteen and Eric Steele – being paid up following the summer departure of manager Sir Alex Ferguson. It was also stated in the results than net finance increased £21.3 million to £70.8 million primarily due to a £22million premium paid to buy back some of its bonds, which will save interest payments in future years. Nevertheless, the figure increases the overall cost of the highly-leveraged takeover by the Glazer family in 2005 which some supporters remain vehemently opposed to, even though both Ferguson and his successor David Moyes have spoken out in favour of United’s American owners. last_img read more

Leon Balogun, Ighalo Doubtful as Eagles Dare Lions in Yaounde

first_imgPosTeamPWDLGFGAGDPts 3Cameroon302126-42 2Zambia31115414 1Nigeria33009279 WORLD CUP 2018 QUALIFIER By Duro Ikhazuagbe in YaoundéAfter 90 minutes this evening here in Yaoundé, Nigeria will know whether the ticket to the World Cup 2018 in Russia has become a done deal.center_img 4Algeria301237-41 Already, hosts, Cameroon and their Indomitable Lions have become dispirited and gutted by the 4-0 defeat they suffered at the Godswill Akpabio Stadium in Uyo last Friday.Their know that their Russia 2018 aspiration is over. They have nothing to play for now beyond their pride. Even if they win all their remaining three matches including today’s game with the Super Eagles, the best they will end up with is 11 points. This explains why their Belgium born Coach, Hugo Broos, admitted after the Uyo massacre that it was all over for the reigning African champions.“There is no pressure anymore tomorrow (Monday). Nigeria have nine points, we have two points,” Broos stressed, insisting further that: “If we (Cameroon) had won the game in Uyo, we would have a chance, but we lost it and I hope everyone will learn from this.”However, despite that submission by the Cameroon gaffer, Gernot Rohr and his glory seeking Eagles will be the least interested o take the wounded Lions for granted. Cameroon have pride to play for right in from of their partisan home fans. This is why Broos warned Nigeria that honour is what is at stake in this  evening battle of Yaoundé.“There is only an honour to defend, there is no importance to this. I just hope my players will have the same mentality that I have – that they will fight till the last minute – to beat Nigeria,” observed the coach who led e Cameroonians to the AFCON 2017 title last February in Gabon.Eagles who arrived Yaoundé at 2pm from Uyo and got chucked into five-star Hilton Hotel, trained later at 6pm at the venue of today’s clash with the Cameroons. All the players were full of optimism to repeat the victory over the Lions this evening.From the training, it was obvious the handlers of the team were going to introduce some players not used in Uyo to the starting line up to take on the Lions.Both Leon Balogun and Odion Ighalo who are still nursing the knocks they received during the Uyo battle may not start. There is the possibility of the introduction of either Israel based Anthony Nwakaeme or Kelechi Iheanacho for Ighalo. Rohr is keeping the joker of likely replacement for Balogun to his chest.Of course, with the form exhibited by FC IfeanyiUbah goalkeeper, Ikechukwu Ezenwa, is is obvious that he is going to be handed the number 1 jersey.There is the likelihood of Chelsea defender Ola Alina making his debut here while Elderson Echiejile keeps his left back starting shirt.Troost Williams Ekong is primed for same role in the central defence as he did in Uyo keeping the rampaging Lions at bay. Wilfred Ndidi,  Ogenyi Onazi, John Mikel Obi, Victor Moses and Moses Simon and are all sure of starting against the hosts. Eagles’ team doctor is expected to confirm this morning if China based Ighalo will be free from the knock to add to his goal haul in the qualifying round today.As a result of the comprehensive victory in Uyo,  the Super Eagles are on verge of qualifying for Russia 2018: a win here in Yaounde today will send Nigeria to 12 points hoping that Algeria will beat second placed Zambia who is on four points in the other Group B match on Tuesday.Group B Udofia Pumps Team with $20,000 per GoalBusinessman Aka Udofia has offered the Super Eagles the sum of $20,000 for every goal scored in tonight’s World Cup qualifying cracker against Cameroon’s Indomitable Lions in Yaounde.The young businessman from Akwa Ibom State made the promise as he briefly greeted players and officials inside the chartered ARIK Bombadier CRJ 1000 aircraft just before take –off at the Ibom International Airport, Uyo.“I am a very good friend of the NFF President, Mr. Amaju Pinnick, and I am happy that I am here in time to see you guys before take –off for Yaounde.“I watched the game against the Cameroonians here in Uyo on Friday and I am sure you have the ability to conquer them again in their own territory. I promise to reward you with $20,000 for every goal scored in Yaounde,” Udofia announced to the applause of players and officials.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more