Oil & Gas News

Oceaneering International, Inc. announces the award by units of BP p.l.c. ("BP"), of a contract to provide comprehensive riserless light well intervention (RLWI) services offshore Angola in Blocks 18 and 31. The value of this meaningful award is reflected in the company’s December 31, 2019 Subsea Products backlog.

As the UK leaves the EU, ripple effects will be felt throughout the UK economy. For the oil and gas industry, changes will occur but the impact of Brexit is unlikely to hamper the strong industry ties that currently exist between the UK and the EU, says GlobalData, a leading data and analytics company.

CGG has announced the final 3D PSDM seismic dataset from its recent 15,400 sq km multi-client survey of the outer Zambezi Delta in the Mozambique Basin is now available for licence. The ultramodern data was acquired over blocks Z5-C and Z5-D and surrounding open acreage as part of a multi-client program agreed between CGG and Mozambique’s Instituto Nacional de Petroleo (INP).

Eni signed a new lon- term contract for the purchase of 1,5 million tonnes of liquefied natural gas with Nigeria LNG Limited (NLNG), a joint venture between NNPC, Shell, Total and Eni (with Eni having a participating interest of 10.4%).

Subsea 7 S.A. announces the award to Subsea Integration Alliance(1) of an exclusive contract by Equinor for the Front End Engineering Design (FEED) study on its Bacalhau (formerly Carcará) project, offshore Brazil. The Bacalhau field is located 185 km from the coast of the State of São Paulo, in water depths of 2050 meters.

McDermott International, Inc has been awarded a large* contract by BHP to provide subsea umbilicals, risers and flowlines (SURF), transportation and installation (T&I), pre-commissioning of one jacket and topsides for the Ruby Project offshore Trinidad and Tobago.

Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early commitments and pre-investments for phase 1 of the Bacalhau (formerly Carcará) area in Brazil. Contractors have been selected for both the SURF (Subsea, Umbilical, Risers and Flowlines) and the FPSO (Floating Production, Storage and Offloading) contracts.

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