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The company has announced that it has entered into a transaction with Hokchi Energy, a subsidiary of Pan American Energy LLC, to cross assign the Company's Participating Interest in Block 2 and Hokchi's PI in Block 31, both in the Sureste Basin offshore Mexico.
The company has signed the contract for the exclusive exploration and development rights of the offshore block A5-A.
Support will initially cover the identification and evaluation of FPSO options for the development and pre-FEED technical assurance of the subsea design.
The well will be drilled from the Transocean Spitsbergen drilling facility in position 67°37'20.60"N and 6°45'57.57"E.
The post-lay trenching works are planned to commence late 2018 with the T1 trencher.
Recompletion operations on the company’s South Marsh Island 71 F2 well have finished.
The contract is to provide high-pressure riser and abrasive jet cutting services to the Deep Panuke decommissioning project offshore Canada.
Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of US$250 million.
The company has provided an update on FEL 6/14 that contains the Newgrange Prospect.
The company has entered into an agreement with Equinor Energy to acquire its 77.8% interest in the King Lear gas/condensate discovery in the Norwegian North Sea.
The overall value of the contracts is approximately US$400 million.
A first-time contract for the world’s largest drilling company, and a first-time valve double isolation using an ODIN® inflatable plug installed with an ROV.