Aker BP reports profit in 2Q20
Profit before taxes amounted to US$151 million, compared to a loss before taxes of US$414 million in 1Q20.
Browse the latest offshore & subsea news and articles.
Profit before taxes amounted to US$151 million, compared to a loss before taxes of US$414 million in 1Q20.
The preliminary calculation of the size of the discovery is between 0.9 and 1.5 million m3 of recoverable oil.
The company carried out electrical diagnostics for Serica Energy as part of a multi-year campaign of preventive maintenance on the subsea cable network.
Hydrocarbons were discovered at the Dugong well (PL 882), located in the Norwegian sector of the North Sea, last week.
Petrobras has sold its entire stake in the Pescada, Arabaiana, and Dentão fields to OP Pescada Óleo e Gás Ltda.
Similar to the previous downturn, awards for FPSO vessels are set to recover next year, with seven projects likely to be sanctioned according to Rystad Energy.
NOPSEMA is implementing a staged return to offshore inspections at oil and gas facilities in line with appropriate protocols in place to manage health risks associated with Covid-19.
The Odassea technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge.
Petrobras plans to launch the leasing tender for the FPSO by the end of August.
Mexico's energy ministry has said that Pemex and Talos Energy have 120 working days to present a unification agreement to jointly develop the Zama reservoir in a way that would maximise its value.
Oceaneering will supply 3-in. M5 connectors, which will be used for monoethylene glycol (MEG) and chemical inhibitor (CI) service on the field subsea distribution system.
The aim of the portfolio agreement is to ensure a holistic approach to planning and execution of projects at the Oseberg fields in the North Sea.