On 9 January 2017, Tullow Oil plc announced that it had agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for a total consideration of US$900 million.
Drilling & production - 17 March 2017
Petroleum Development Oman (PDO) decided to extend the framework contract for engineering and maintenance services, with joint venture STS-Tebodin, in Oman by 3 years. The contract now runs until 2021.
Aker Solutions will provide design engineering for the upgrading of the semi-submersible Njord A platform in Norway.
The scope of work includes integrated supply base operations management, logistics control planning and pipe yard operations.