
Boskalis acquires Rever Offshore
Through this transaction, Boskalis will obtain two diving support vessels, of which one is fully owned (Rever Polaris) and a second chartered (Rever Topaz).
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Through this transaction, Boskalis will obtain two diving support vessels, of which one is fully owned (Rever Polaris) and a second chartered (Rever Topaz).

UK-based Express Engineering, which manufactures, assembles, and tests solutions for subsea production systems, has sold its aerospace division for an undisclosed sum.

The drilling programme for well 16/4-13 S relates to the drilling of a wildcat well in production licence 359.

The Yme New Development project is now moving into the phase for hook-up, commissioning and preparation for production startup.

The FPSO will be deployed at Senegal's first offshore oil development.

Oil prices rose on Monday on expectations that OPEC+ may keep output stable in February and on a demand uptick coming from China.

The agreement is for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean Sea.

The field is located in onshore Concession Area B of the Sharjah Emirate.

Aker BP has awarded Sulzer a contract to retrofit a water injection pump on the FPSO Alvheim.

Trident Energy is set to drill three wells in Block G offshore Equatorial Guinea in 2021, with an estimated start date in April.

Rystad Energy’s latest balances indicate that 2021 could offer producers a window of opportunity, as monthly supply deficits may reach their highest level in years.

The purchase price consideration was a US$20.2 million cash consideration plus 2 million conditional warrants in AqualisBraemar.