SNC-Lavalin completes sale of Resources Oil & Gas business
The sale to Kentech was completed on 15 August, following receipt of Saudi Arabian regulatory approval.
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The sale to Kentech was completed on 15 August, following receipt of Saudi Arabian regulatory approval.
The merger is expected to be completed in the second quarter of the 2022 calendar year with an effective date of 1 July 2021.
The Yoti West-1 Exp well is being drilled by the Valaris 8505 semisubmersible rig.
Production has started from the Cuica field via the Armada Olombendo FPSO vessel.
KDS JV AS will carry out subsea decommissioning work for DNO in the Norwegian Continental Shelf.
The contract is set to begin in 4Q21 and will be accomplished from the Fugro Aquarius using two Fugro-built 3000 m work-class remotely operated vehicles.
Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.
OEM Group has secured a seven-figure contract with PBS.
Brazil alone is expected to contribute approximately 23% or 1.3 million bbl/d of global crude oil and condensate production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 – 2025, according to GlobalData.
Huisman has announced the signing of a contract with DEME for the delivery of a lifting spreader and a set of adaptive damping tugger winches for DEME’s offshore installation vessel Orion.
Fugro has deployed its QuickVision technology as part a subsea installation programme for Gulf of Suez Petroleum Company.
The 23rd World Petroleum Congress Organizing Committee has announced the launch of the Innovation Zone, a captivating new feature on the exhibition floor of the Congress, which will take place in-person in Houston from 5 – 9 December 2021 at the George R. Brown Convention Center.