Installation Vessel
The joint venture formed by SBM Offshore and Solstad Offshore has signed the shipbuilding contract for the recently announced newbuild vessel.
[Read more…] about Newbuild contract signed with CIMC RafflesBOURBON secures new subsea and offshore support contracts
West Africa and Southeast Asia
BOURBON has secured new subsea and offshore support contracts in West Africa and Southeast Asia, expanding its deployment of vessels across Ghana’s deepwater operations and the Philippines’ shallow waters.
[Read more…] about BOURBON secures new subsea and offshore support contractsVår Energi reshapes NCS portfolio
Transactions
Vår Energi has agreed a series of transactions on the Norwegian Continental Shelf (NCS) that will strengthen its position in core producing hubs, increase ownership in key development projects, and provide greater flexibility in capital allocation.
[Read more…] about Vår Energi reshapes NCS portfolioExpanding Troll: more gas to Europe
Fossil Energy
Equinor and its partners are investing just over NOK 4 billion in a new subsea development that will increase gas production from the Troll field in the North Sea.
[Read more…] about Expanding Troll: more gas to EuropePetronas is testing Block 52 offshore Suriname for oil
Fossil Energy
Suriname’s offshore story just got bigger.
[Read more…] about Petronas is testing Block 52 offshore Suriname for oilEni and PETRONAS officially establish Searah
Investment Agreement
Eni and PETRONAS announce that Searah, a new 50/50 independent joint venture combining key businesses across Indonesia and Malaysia, has been officially established.
[Read more…] about Eni and PETRONAS officially establish SearahBP hires semi-sub for drilling ops off UK
Drilling
Noble Corporation has secured a three-well drilling contract with BP for the semi-submersible rig Noble GreatWhite offshore the United Kingdom.
[Read more…] about BP hires semi-sub for drilling ops off UKShell advances exploration in Namibia’s Orange Basin with latest well results
Exploration
Shell has reported encouraging exploration results from its Merlin-1X exploration well in Petroleum Exploration Licence No. 0039 (PEL 0039), offshore Namibia.
[Read more…] about Shell advances exploration in Namibia’s Orange Basin with latest well resultsNon-Associated Gas Licence for Loran gas field
Shell and bp
Venezuela has announced that it has awarded Shell and bp a Non-Associated Gas Licence for development of the offshore Loran gas field.
[Read more…] about Non-Associated Gas Licence for Loran gas fieldNorway presses EU to lift Arctic drilling moratorium
Drilling
(Bloomberg) – Norway is putting pressure on the European Union to remove the moratorium on new oil and gas drilling in the Arctic, where almost two-thirds of its petroleum resources are located.
[Read more…] about Norway presses EU to lift Arctic drilling moratorium