Browse the latest offshore & subsea news and articles.
The project will comprise acquisition of a 10 000 km 2D long-offset broadband multiclient seismic survey. Advanced new acquisition and imaging techniques will provide better illumination of complex subsalt structures.
The Snorre Expansion contract covers the delivery of subsea production systems and includes 6 subsea templates and subsea production equipment.
Beryl, an already discovered but undeveloped gas field, lies in the shallower zone in the same location as the underlying Helang Gas Field (“Helang”) and Layang Oil and Gas Field (“Layang”) in Block SK10, Offshore Sarawak.
SBM Offshore has announced that on December 19, 2017 it completed the project financing of FPSO Liza for a total of US$720 million.
Global Offshore will focus the staff, vessels and subsea equipment needed to meet the demands of oil & gas companies operating around the world.
ROVOP Limited, an independent operator of underwater remotely operated vehicles (ROVs), is to immediately increase its fleet by 50% to meet ongoing customer demand following a funding boost of £56 million.
Repsol has submitted a new Plan for Development and Operation (PDO) for the Yme field in the North Sea. More eight billion kroner will be invested in the development. The planned start-up is 2020.
The Noregian Petroleum Safety Authority has given Statoil Petroleum (Statoil) consent to use the Songa Enabler mobile drilling facility on the Snorre field.
The Petroleum Safety Authority Norway (PSA) has given its consent for ConocoPhillips Skandinavia AS (ConocoPhillips) to dispose of the Ekofisk 2/4 H, Ekofisk 2/4 A, Ekofisk 2/4 FTP and Ekofisk 2/4 Q facilities in the North Sea.
The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Fenja Project (previously known as Pil & Bue). Fenja is located in the Norwegian Sea and will be tied back to the Njord platform.
Merger and acquisition (M&A) activity on the UK Continental Shelf (UKCS) has surpassed US$8 billion this year in a clear sign that confidence is gradually returning to the basin, says Oil & Gas UK’s newly launched Market Insight.
The combined awards are valued at around US$60 million.