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Findlay Moir, Underwater Engineering Services, UK, explains how efficiency is being maximised across the decommissioning arena.
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Findlay Moir, Underwater Engineering Services, UK, explains how efficiency is being maximised across the decommissioning arena.

The company is to undertake a study of potential impacts associated with rock dumping during the decommissioning of oil and gas infrastructure on mobile sandbanks.

The agreement will see the company acquire a 50% operated interest in UKCS Licence P.2243 from Zennor North Sea.

The companies have agreed to amend the existing long-term contracts on three ultra-deepwater drillships. In the current, challenging environment for offshore exploration and production projects, the agreements offer benefits for both parties.

PT RINA Indonesia, in consortium with PT Depriwangga, has been awarded two contracts to provide Quality Assurance services for offshore and onshore projects in Indonesia.

Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where the supergiant gas field Zohr is located.

The appointment remains subject to the approval of the Oil and Gas Authority.

The company has submitted the Blythe Field Development Plan in draft format to the Oil and Gas Authority.

The company has provided an update on plans to recommence production drilling at the Goudron Field in Trinidad following confirmation of the refinancing of the company's loan facility.

The contract, with work being undertaken in 2018 by one of the Company’s key installation vessels, is designed to further enhance inter oilfield communication networks in the North Sea.

Spencer Linsell demonstrates that for innovation to become the norm, a collaborative, industry-wide approach will be key.

The company enjoyed a record period in the second half of its financial year with sales of almost £10 million and EBITDA of £3.5 million for the six months to September 2016.