TechnipFMC completes Magma Global acquisition
TechnipFMC originally acquired an interest in Magma, a provider of composite pipe technology, in 2018.
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TechnipFMC originally acquired an interest in Magma, a provider of composite pipe technology, in 2018.
The Ondjaba-1 well will be drilled at a new world record water depth of 3628 m.
The exploration period for Block 5, as set out in the PSC, will last 6 years, with Staatsolie retaining the right to a 40% participation.
The survey comprises a 2-month 4D monitor survey in the Louro-Mostarda Development areas of Block 32.
The transaction includes Occidental’s interests in both the Jubilee and TEN fields, which combined had 2Q21 net production of 22 000 boe/d.
The potential Trefoil Project is a subsea development at the Trefoil gas field offshore Australia, with a tie-back to the Yolla Platform.
Red Wing has said female workers in the North Sea offshore industry are being put at risk by being given men’s PPE.
Valaris upgraded the vessel’s electrical system to secure the notation, which recognises sophisticated system design to improve reliability and enhance protection.
OKEA is also likely to halt further development of the Grevling/Storskrymten discoveries.
Noble Corp., the owner of the Noble Hans Deul rig, has initiated an investigation into the cause of the issue.
The Evelyn field is expected to be on production, via the Triton FPSO, in 4Q22.
The company has increased its interest in Offshore Licence P2478 from 15% to 32%.