
Eni purchases 70% stake in Habi offshore gas concession
The offshore Habi gas concession is located in Egypt’s eastern Mediterranean.
Browse the latest offshore news news and articles.

The offshore Habi gas concession is located in Egypt’s eastern Mediterranean.

The project will last approximately 1 month and commence in 1Q20.

Prior to the drilling of well 6506/11-11 S, the operator’s resource estimate for the discovery was between 3 and 21 million m3 of recoverable oil equivalents.

GMS's customer is an international EPC contractor, for which GMS will provide support for offshore activities on behalf of a Middle East national oil company.

The scope of work for fabrication of the SPS includes: project management; fabrication engineering; procurement; pre-assembly; fabrication; acceptance tests; and system-integration tests.

The licence and assurance will allow certain US and US-owned or controlled entities and also non-US entities to continue providing goods, services and support to Rhum beyond 31 October 2019; when the current licence expires.

Talos plan to use Trendsetter’s TC7 clamp connectors and ancillary equipment on the Bulleit development located in the Gulf of Mexico’s Green Canyon 21 block.

Aker BP has reported total income of US$723 (785) million and operating profit of US$196 (354) million for 3Q19.

The company has collected beam migrated data from the shallow-water shelf blocks of the Kwanza Basin.

The contract covers the delivery and installation of subsea equipment.

The global subsea umbilicals, risers and flowline market is forecast to be worth more than £5 billion by 2021.

Under the agreement, Shell will reduce its stake in the discovery from 80% to 50% and continue as operator, while Total will retain the remaining 20%.