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Mitsubishi Corp. and Nippon Yusen Kabushiki Kaisha have acquired a respective 25% and 20% ownership interest in the special purpose companies related to the lease and operation of the FPSO Alexandre de Gusmão.
McDermott has delivered the U-Field for ONGC's KG-DWN 98/2 Block project, located in the Bay of Bengal off the east coast of India.
The exploration blocks are located off the coasts of Sabah and Sarawak.
The well was drilled on the northern culmination of the greater Pavo structure and encountered a 60-m gross hydrocarbon column in the primary Caley member reservoir target.
The 83-m high steel jacket, weighing around 8500 t, will also be delivered by Allseas’ Pioneering Spirit construction vessel in April.
The contract includes the provision of Operations and Maintenance support for Spirit Energy’s York platform in the Southern North Sea, and Engineering, Project, and Consultancy services for all of the operator’s North Sea assets.
Flylogix will leverage the funding round to expand to new geographies, including the US, Norway and Trinidad & Tobago.
Significant upgrades have been carried out on the hull and the platform deck of Njord A to extend its lifetime for another 20 years of production.
The operations in the reservoir section are still at an early stage and it has yet to be confirmed if commercial volumes are present.
Shell said in the new environmental development plan of the Jackdaw field that it aims to start production from the field, which will supply 6.5% of Britain's gas output, by 3Q25 or 4Q25.
The agile biomimetic autonomous underwater vehicle (AUV), named RoboFish, is made up of several self-contained modules with self-managed battery and actuator control for full-body, autonomous movement around underwater structures.
Reach Subsea has joined forces with OCTIO to strengthen its capabilities in survey and inspection data gathering.