Oil & Gas News

Neptune Energy has submitted development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the Norwegian sector of the North Sea. First production from the projects is expected in late 2020/early 2021. Total recoverable resources are estimated to be 120 million barrels of oil equivalent (Total of 54,000 barrels of oil equivalent per day at maximum production).

SeeByte, a global leader in software solutions for unmanned maritime systems, announces the appointment of Robert Johnson as Business Development Manager for Defence, effective immediately. Robert joins with a remit to further strengthen SeeByte’s position in the rapidly growing defence market for unmanned systems.

Offshore Survey 2019, which takes place alongside Ocean Business at the National Oceanography Centre in Southampton UK, from 10-11 April 2019, has just launched an exciting program that looks to the future of the offshore industry. The program highlights technologies that could potentially transform the sector, as well as addressing current issues and providing feedback on major industry projects.

Subsea 7 S.A. has announced the award of a substantial (1) contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services covering BP’s North Sea region portfolio of assets West of Shetland and Northern North Sea.

Oceaneering International, Inc. has been awarded a two-year Integrity Management contract with Total E&P Danmark (“Total”) to support its significant Tyra Redevelopment project in the Danish North Sea.

In support of President Donald J. Trump’s America-First Offshore Energy Strategy, Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and Bureau of Ocean Energy Management Acting Director Walter Cruickshank have announced that BOEM will offer 78 million acres for a region-wide lease sale scheduled for March 2019. The sale would include all available unleased areas in federal waters of the Gulf of Mexico.

Transocean Ltd. (NYSE: RIG) announces that it has entered into an agreement with its customer, Equinor, to license and install Automated Drilling Control (“ADC”) systems on four high-specification, harsh environment rigs currently on contract in Norway and a fifth semisubmersible that is expected to commence operations in the Norwegian sea this summer.

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