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Drilling & production

McDermott awarded three offshore EPCI projects

These projects combined are a substantial brownfield award for McDermott and have a total scope, which includes the EPCI for jackets and topsides, subsea pipelines and subsea cables.

 
 
 
 
 

Bibby HydroMap upgrades Bibby Tethra

In addition to performing planned 5 yr vessel maintenance, Bibby HydroMap has also upgraded a number of key systems on the 27.5m DP1 catamaran, Bibby Tethra.

 
 

First oil at Aje Field

Panoro Energy ASA has announced that the first oil production from the Aje field, offshore Lagos, commenced on 3 May 2016.

 
 

Baker Botts welcomes Partner

Baker Botts LLP has announced that Stuart Jordan has joined the firm’s London office as a partner in the Global Projects Group.

 
 

Cutting well P&A costs

DNV GL’s new recommended practice on risk-based abandonment of offshore wells could potentially reduce P&A costs by 30-50%.

 
 
 

Petrobras Argentina to be sold

Petrobras has completed negotiations with Pampa Energía on the main terms and conditions of the sale of its stake in Petrobras Argentina.