Vaalco Energy finalises exit from Angola
A settlement agreement provided for a cash payment of US$4.5 million from Vaalco to Angola's National Concessionaire.
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A settlement agreement provided for a cash payment of US$4.5 million from Vaalco to Angola's National Concessionaire.
The contract is for the West Polaris drillship in Southern Asia.
The contracts will see the company's ROV mounted ARTEMIS® tool used on major oilfield projects around the world.
77.8 million acres of federal waters in the Gulf of Mexico are scheduled for sale on August 21.
The FPSO modification contract is with Yinson Nepeta Production Ltd, while Keppel has also agreed a contract with Van Oord to build a Trailing Suction Hopper Dredger.
5 companies submitted proposals for exploration in 12 new blocks in the country’s Exclusive Economic Zone.
The plant to be installed on the Gudrun field in the North Sea is expected to extend field life by three years compared to the original plan.
A total of 20 planned and announced FPSOs are expected to be deployed offshore Brazil between 2019 and 2025.
United was awarded the North Sea blocks 15/18d and 15/19b in August 2018, and holds a 95% equity interest.
The company will support the FEED study of a subsea compression solution for the Chevron-operated Jansz-Io field in Western Australia.
When Trestakk comes onstream it will produce approximately 22 000 bpd, with peak production expected to be approximately 44 000 bpd.
The company's local entity, Sparrows Saudi Arabia, will deliver drilling and lifting equipment examination and overhaul, specialist inspection, Dropped Objects Prevention Scheme (DROPS) surveys, mechanical handling and engineering support to Saudi Aramco.