Equinor acquires a 40% stake in the Rosebank project in the UK
The company has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS).
The company has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS).
Cia Brasileira de Offshore has contracted PG Flow Solutions to supply liquid mud agitators for two of the shipowner’s offshore supply vessels.
Revenue was up on 2016 by 23% at £278 million, with profit of £0.8 million, down £0.2 million on 2016.
The contract is extended through October 2021 and includes a blend and extend modification to the previous contract dayrate, effective September 2018.