Trump’s Return to OPEC Politics Muddies Oil Talks Next Month
US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.
The heavy lift crane vessel Saipem 7000 has completed the installation of all Ivar Aasen topside modules at the Ivar Aasen oil field in the Norwegian sector of the North Sea.
For the lift, the crane vessel used its dual 7,000 ton cranes to lift the combined 15,000 ton modules from a Cosco heavy lift vessel onto a steel jacket attached to the seafloor. Here’s a video of the installation below:
The main part of the topside was built in Singapore and transported through the Suez Canal to the North Sea aboard the MV Xiang Rui Kou. The living quarters along with the flare boom and other modules were picked up along the way.
Ivar Aasen field operator Detnorske says first oil is expected in December 2016.
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