
Karoon and Petrobras renegotiate terms of Baúna field sale
The renegotiated terms are due to the COVID-19 pandemic and the difficulty to address the previous conditions initially defined, according to Petrobras.
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The renegotiated terms are due to the COVID-19 pandemic and the difficulty to address the previous conditions initially defined, according to Petrobras.

The three new FPSO units are part of an asset development plan for the Búzios field which envisages a total of 12 units installed by the end of the decade.

Lukoil has purchased Cairn Energy's 40% interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) Contract Area project.

The maintenance work started on 23 June and ended 20 July, two days ahead of schedule.

Gjøa P1 is on track to achieve first oil two months ahead of the original plan.

Yannis Bassias, former President & CEO at Hellenic Hydrocarbon Resources Management (HHRM), talks about exploration in the Mediterranean, changes in the gas market, ultra-deepwater drilling, and explains why Greece “is not a declared gas province yet”.

Saipem and Vår Energi have reached an agreement for the execution of 4 wells to be drilled in the Barents Sea and in the North Sea.

The fieldwork started in March and, while phase one marks completion of the geophysical scope, the geotechnical scope in phase two will run as planned until August this year.

Callum Falconer and Steve Simpson have both been nominated onto the DNS board, following a period of time spent as nominated members of the organisation’s Decommissioning Leadership Group.

BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo.

The agreement covers Aker BP’s Norwegian operations and includes Claxton’s range of drilling support services and asset life extension and decommissioning equipment and services.

The semi-submersible crane vessel Sleipnir has successfully removed the 8100 mT Jotun-B jacket for Vår Energi.