Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs discovered and produced from the so-called "Great Nooros Area."
Total and its partners announce the start-up of the Floating Production Storage and Offloading (FPSO) P-70 of the Iara cluster (Block BM-S-11A), located in the deepwater Santos Basin pre-salt offshore Brazil.
NHV Group announces a new long-term contract to provide helicopter services for Shell UK & NAM, starting July 1st 2020. Under the three- year agreement, daily flights will depart from NHV’s bases in Den Helder and Norwich to the Shell UK and NAM assets in the Southern North Sea (SNS).
VIKING Life-Saving Equipment has reported a surge in demand for its one-stop shop Shipowner Agreement concept, following the integration of the Drew Marine Fire Safety and Rescue (FSR) division into its maritime safety solutions business.
Technology and data intelligence specialist IMRANDD has secured a two-year contract extension with Dana Petroleum, providing integrity services for all of its UK operated assets.
S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, is announcing the launch of a new benchmark for US crude oil, Platts American GulfCoast Select (AGS) from June 26.
Kongsberg Digital has acquired COACH Solutions, a leading supplier of software solutions for vessel performance and monitoring. The new name will be KONGSBERG COACH Solutions.
Mermaid Maritime Public Company Limited (the “Company”) is pleased to announce that its wholly owned subsidiary Mermaid Subsea Services (Thailand) Ltd. (“MSST”) has established an Offshore Transportation, Installation (T&I) and Decommissioning services business unit as part of its diversification for growth strategy.
Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS).
McDermott International Ltd. ("McDermott" or the "Company") has successfully completed its restructuring process. The comprehensive balance sheet restructuring equitizes nearly all of McDermott's $4.6 billion of funded debt. The Company emerges with $2.4 billion in letter of credit capacity and $544 million of funded debt.
Sustaining production from existing infrastructure remains the key driver for North Sea exploration but five years of drilling has only replaced 15% of production. There is ongoing appetite for high impact drilling, despite a success rate of only 12% for this type of exploration in the period.
Oceaneering International, Inc. (Oceaneering) has announced that its Asset Integrity group has secured a three-year contract with Cabinda Gulf Oil Company Limited (CABGOC), a Chevron subsidiary.
Kvaerner has been awarded by Allseas a contract to dismantle and recycle three large topsides, three jackets and four bridges from the Valhall and Hod fields, with a combined weight of 33 000 tonnes, as well as options for another 5 000 tonnes. The assignment will at peak provide work for around 100 persons.
CGG GeoSoftware has collaborated with Alibaba Cloud to successfully deploy its suite of proprietary geoscience software solutions on the Alibaba Cloud platform.
Lankhorst announces Lankoforce made of ISCC certified Dyneema – first ever sustainable mooring and towing rope
Aker Solutions has received a letter of intent from Equinor to deliver the subsea production system for the next phase of the Askeladd natural gas development in the Barents Sea in northern Norway.
The development of Askeladd Vest is phase two of the multi-phased Snøhvit gas development in the Barents Sea.
"We are pleased to extend the series of deliveries to Equinor under the NCS 2017+ framework agreement," said Luis Araujo, chief executive officer of Aker Solutions. "The Askeladd Vest subsea production system is based on our standard technology and products currently being delivered to several ongoing projects, including Johan Castberg, Troll phase three, Askeladd phase one and the recently awarded Breidablikk project."
The scope of the expansion of the Askeladd field includes one template with a manifold, and two subsea trees with associated control systems.
Aker Solutions estimates the value of the potential contract to be about NOK 400 million, which is expected to be booked as order intake in the second quarter of 2020.
The contract will include deliveries from the company’s sites in Tranby, Egersund and Ågotnes in Norway as well as Brazil, Malaysia and the UK.
Contract award is subject to Equinor and partners' approval and final investment decision later this year.
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