Drilling & production - 12 July 2017

Premier Oil has made a key oil discovery in the Zama-1 exploration well in Block 7, offshore Mexico.

Sparrows Group has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels.

The field produces 300 000 bpd. The concession will be operated by the North Oil Company (NOC), which was established a year ago as a partnership between Total (30%) and Qatar Petroleum (70%).

SBM Offshore announces that Shell E and P Offshore Services B.V. (Shell) has notified the company of the fact that Shell is exercising its right under the charter agreement to purchase the FPSO Turritella.