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GulfSlope Energy will retain and deploy a supra salt evaluation team consisting of three geoscientists and a manager to identify, evaluate and recommend targets for lease acquisition, farm-in and drilling.
The contracts are for a two-well project in Block 10 and 29 in the Gulf of Mexico.
The exploration well 208/02-1 on the Lyon Prospect in Licence P1854 in the West of Shetland, UK, has been plugged and abandoned.
DP World's acquisition of Topaz Energy & Marine from Renaissance Services SAOG and Standard Chartered Private Equity / Affirma Capital is for an enterprise value of US$1079 million.
The contracts cover the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals.
The discovery is estimated at 2 trillion ft3, making this the 7th largest global discovery of the year.
The drilling result at Lang Lebah-1RDR2 is the Thai national oil company’s largest ever discovery.
The move follows a recent contract win and the acquisition of the company's first asset.
The two companies also signed an MoU on the concept development for the Hades/Iris discovery in the Norwegian Sea.
“The valuation implies that a combined divestment of the entire portfolio would put the transaction at the very top of pure Norwegian transactions since the SDFI spin off in 2001,” Simon Sjøthun, Rystad Energy partner, said.
The Umm Lulu Gas Treatment Platform - weighing 32 000 t and measuring 77.7 m x 83.5 m - is one of five platforms manufactured by NPCC at its 1.3 million m2 fabrication yard in Abu Dhabi.
The repair was undertaken for an FPSO operator on a project in Angola.