Drilling & production - 13 December 2016

Findlay Moir, Underwater Engineering Services, UK, explains how efficiency is being maximised across the decommissioning arena.

Lokring Northern, provider of advanced fluid and gas transfer connectors, has announced the expansion of its Aberdeen office to accommodate company growth and increasing staff numbers.

The agreement will see the company acquire a 50% operated interest in UKCS Licence P.2243 from Zennor North Sea.

The companies have agreed to amend the existing long-term contracts on three ultra-deepwater drillships. In the current, challenging environment for offshore exploration and production projects, the agreements offer benefits for both parties.

AWE Limited has divest its 57.5% interest in the Tui Area Oil Fields to Tamarind Management Sdn Bhd.

The acquisition of Essential's service rig business expands Precision's leading well service position.