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Following the completion of the transaction, Braemar will be the largest shareholder in AqualisBraemar with an initial shareholding of approximately 26%, potentially increasing to 33% depending on business performance.
CGG will perform high-end time and depth imaging of massive volumes of very high-spec data from what is believed to be the world’s largest ocean-bottom node (OBN) seismic survey to date.
The new system will involve monitoring of the turret mooring system on a new-build FLNG facility being built in South Korea for ENI’s Coral South project offshore Mozambique.
Headquartered in the US, TerraSond is a multidisciplinary geospatial and geophysical business with experience working for clients in oil and gas.
Unity’s Temporary Abandonment Cap Test Tool (TACTT) was deployed to support an end of life project located in the Southern North Sea.
The first oil production by the FPSO is planned for 2022, and the firm time charter period of the contract is 21 years.
The Jeanne d’Arc HD3D survey borders Newfoundland’s prominent producing fields such as Hibernia, Terra Nova, White Rose, North Amethyst and Hebron.
The 10% interest in the BM-S8-block in Brazil's Santos basin has been acquired by Equinor from Barra Energia for US$379 million.
The company's first cargo from the Lancaster field, offshore Shetland, UK, was sold on 18 June and marketed by BP Oil International Ltd.
Subsea UK and its technology arm, the National Subsea Research Initiative, have joined forces with the UK Defence Solutions Centre to accelerate the development of underwater robotics, unmanned operations, sensors and other technological and digital innovations.
The drilling programme for well 25/2-20 relates to the drilling of a wildcat well in production licence 442. Aker BP ASA is the operator with an ownership interest of 90.26%.
GM Flow Measurement Services' technology is based around two metering products which have a smaller footprint, so they can save on space on the well site as well as eliminating the need for manual intervention and costly production shut-downs.