Browse the latest offshore & subsea news and articles.
The three new patents cover certain aspects of Upwing’s high-speed motor drives and seal-less downhole system with a magnetically supported rotor, which underpin key elements of the SCS downhole artificial lift system.
The PSA has given Aker BP consent to use the Deepsea Stavanger mobile drilling facility for production drilling on the Volund field in the North Sea.
The company has begun operations on a 4-month geotechnical campaign in the BM-C-33 and BM-S-8 blocks located off the coast of Brazil.
The company has released a report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.
The three-year agreement, which includes options to extend, is estimated to be worth up to US$95 million over the term.
The company has announced the signing of a binding conditional agreement as it takes its next step in building its portfolio in SE Asia.
The company has announced that it has signed a rig contract for infill drilling on the Stag oilfield, located offshore Australia.
This follows a change to section three of the Petroleum Safety Authority’s (PSA) framework HSE regulations, which now permits mobile units employed in petroleum activities on the NCS to be designed in accordance with relevant maritime requirements.
The survey will include the highly prospective Castberg area, and cover existing and newly awarded licenses in addition to open acreage with several play models in multiple geological layers.
The company has entered into a binding, conditional farm out agreement and a three-month exclusive option with Shell UK Limited.
The company has signed an agreement with Total E&P Namibia B.V., a wholly-owned subsidiary of Total S.A.
The company has entered into contracts for three of its large PSVs.