WFS signs new partnership with AeonX
AeonX (Nigeria) has signed a partnership agreement with WFS to promote and deliver the full range of Seatooth products for asset integrity and flow assurance monitoring to existing and new clients in Nigeria.
Offshore & subsea
Express Engineering recognised for growth and product development
The Gateshead firm has won the Mid-Market Management award at the British Private Equity & Venture Capital Association’s (BVCA) Management Team Awards.
Ardyne awarded P&A and fishing contracts in the North Sea for 175 wells
The projects will commence in 2Q20 and 3Q20.
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Paradigm Flow Services recognised for deluge wet testing on North Sea platform
PFS was asked to carry out work to wet test nine deluge systems on Chrysaor's Britannia platform.
SMD supply ROV to Asso.subsea
Asso.subsea have taken delivery of an SMD Quasar 150hp 1000m rated ROV from SMD.
Rystad Energy: offshore drillers face contract cancellations worth up to US$3 billion
Of the 100 listed energy service companies analysed by Rystad Energy across the various service segments for this research, more than two-thirds are unlikely to be able to meet their interest payment obligations on time this year.
Upland Resources and Baron Oil relinquish interests in UK offshore licence
The work commitment on Licence P2470 consisted of a small volume of 3D seismic reprocessing.
Shell extends Petrojarl Knarr FPSO contract with Altera Infrastructure
The contract has been extended until at least March 2022.
10 exploration wells in Norwegian Continental Shelf expected to be postponed by Covid-19 and low oil price
In January 2020 there were plans for approximately 50 exploration wells, but this has been reduced to 40 by the effects of the Covid-19 pandemic and low oil prices.
More Offshore & subsea news
Allseas awarded removal contract for Valhall topsides and jackets
Allseas’ heavy lift vessel Pioneering Spirit will execute the work for Aker BP at the Valhall oilfield between 2021 and 2026.
Nova module ready for transfer to Neptune Energy's Gjøa platform
The module was lifted onto a barge at the Rosenberg Worley yard in Stavanger, Norway, and will be transferred to the world's largest crane vessel, Heerema’s Sleipnir, then installed on the Neptune-operated Gjøa platform.
CNOOC to cut 2020 investment by 10 – 15%
The company said it would still maintain its goal of increasing domestic crude oil and natural gas production for the year.
KrisEnergy completes sale of Andaman II offshore block to BP
The consideration for the disposal is US$15 million, subject to a retention sum of US$1.7 million.
Petrobras finds oil in Campos Basin
The oil was discovered in the exploratory Natator well in the Sudoeste de Tartaruga Verde block.
Global Petroleum to licence 3D seismic data from Namibia offshore block
The data covers the company’s Welwitschia Deep prospect and Marula lead.