Oil & Gas News

Maersk Drilling AS and the Maersk Intrepid rig have been awarded a 5-month contract for operational support on the Martin Linge field. Two extension options will also be exercised, and four new options will be added.

Global Maritime has been awarded a contract with Equinor until 2020 for marine operations. The contract value is estimated to be around 60-80 million Norwegian kroners (US$7-9.5 million), one of the largest in Global Maritime’s history. Global Maritime will oversee project management, engineering, equipment procurement and offshore management with everything handled from their Stavanger and Oslo offices.

On Tuesday, October 9, 2018, the Norwegian Minister of Petroleum and Energy, Kjell-Børge Freiberg, officially opened the power-from-shore solution which will provide the Johan Sverdrup field in the North Sea with electricity for more than 50 years. Power from shore makes Johan Sverdrup one of the most carbon-efficient fields worldwide.

BMT has won a contract to provide multiple marine monitoring systems for BP’s new Mad Dog Phase 2 semi-submersible floating production facility in the Gulf of Mexico. These systems will play an important role in ensuring the day to day operations of the facility are conducted safely.

Subsea 7 S.A. has announced the award of a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water depths of up to 1000 meters. The engineering, procurement, construction and installation (EPCI) contract is awarded under a consortium comprising Subsea 7 Volta Contractors and NOV Oil & Gas Services Ghana Ltd. This award is a sizeable(1) contract for Subsea 7.

Equinor has, together with partners ENI and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017. The well confirms a volume potential of 50-70 million recoverable barrels of oil. The discovery more than doubles the remaining oil reserves to be produced through the Norne field.

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