
Ashtead signs global master lease agreement with Oceaneering
The company has announced that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider, Oceaneering International Inc.
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The company has announced that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider, Oceaneering International Inc.

The companies have extended their previous cooperation in a new agreement which gives Maersk Drilling the status of preferred contractor to Wintershall Noordzee B.V.’s offshore drilling work.

The company has announced that Tower Resources (Namibia) Limited, a wholly owned subsidiary of Tower, has signed a new Petroleum Agreement with the Government of the Republic of Namibia covering an 80% operated interest in blocks 1910A, 1911 and 1912B, offshore Namibia, together with the National Petroleum Corporation of Namibia (10%) and ZM Fourteen Investment CC (10%).

Twenty-seven of the world’s leading oil industry chief executives will gather, in Abu Dhabi, on November 11, to discuss the impact of digitalisation, technology and the Fourth Industrial Age on the future of the global oil and gas industry.

Green succeeds Jeff Shellebarger, who will retire after a 38-year career.

The company has been awarded the transportation and installation of a 410 t subsea production manifold at a depth of 1643 m off the coast of Israel for the Leviathan development.

The companies have signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow water.

The contract is for the coatings maintenance campaign for the Ursa tension leg platform.

The company has announced that Serica Energy (UK) has signed a further sale and purchase agreement to acquire additional interests in the Bruce and Keith fields and associated infrastructure in the UK North Sea.

The contract is for the large PSV Energy Swan, which in 2013 was chartered for a firm period of 4 years plus optional (total of 4 years options).

The partnership brings together the expertise of both companies for the joint development of a variety of fit-for-purpose unmanned surface vessels (USVs).

GMB, the union for offshore workers, has confirmed that most of its members covered by the Offshore Contractors Association (OCA) agreement have voted for industrial action.