
Aker BP acquires King Lear discovery
The company has entered into an agreement with Equinor Energy to acquire its 77.8% interest in the King Lear gas/condensate discovery in the Norwegian North Sea.
Browse the latest offshore & subsea news and articles.

The company has entered into an agreement with Equinor Energy to acquire its 77.8% interest in the King Lear gas/condensate discovery in the Norwegian North Sea.

The overall value of the contracts is approximately US$400 million.

A first-time contract for the world’s largest drilling company, and a first-time valve double isolation using an ODIN® inflatable plug installed with an ROV.

On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream.

Maersk Drilling AS and the Maersk Intrepid rig have been awarded a 5-month contract for operational support on the Martin Linge field.

Fairfield Betula Limited has awarded Solstad Offshore ASA long-term contracts for two Platform Supply Vessels, ‘Far Symphony’ and ‘Normand Aurora’ in the UK Sector, North Sea.

TGS and Schlumberger today announced a new multiclient nodal seismic project in the US Gulf of Mexico.

The company has announced that Woodside Energy Ltd has awarded KBR the Concept Definition engineering contract for the two gas FPSO facilities for the proposed Browse to North West Shelf Development, located offshore Western Australia.

The company has announced that it has received a letter of intent for supply, charter, and operations of a Floating Production Storage and Offloading vessel from Eni Mexico S. de R.L. de C.V., a wholly owned subsidiary of Eni S.p.A.

The company has announced that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has entered into a definitive agreement to form a new joint venture company with Petrobras America Inc., a subsidiary of Petrobras.

The company has announced that it has signed a new gas supply agreement with O-I Australia for the supply of gas for 2019 from its Casino Henry gas production in the Otway Basin offshore Victoria.

The company has signed on semi-submersible rig Mærsk Deliverer with Eni for an exploration well offshore Timor-Leste.