INA will become the 100% owner and the sole operator of the Northern Adriatic and Marica fields after all conditions are fulfilled.
Offshore & subsea
In the 24th licensing round, the Norwegian Ministry of Petroleum and Energy has offered DEA two new licences in the Barents Sea.
JDR Cable Systems (JDR), the leading supplier of subsea umbilicals and power cables to the offshore energy industry owned by the TFKable Group, has been selected by Jan De Nul Group to manufacture and supply inter-array, export and land cables for Taiwan’s Formosa 1 development.
More Offshore & subsea news
The Norwegian Petroleum Directorate has consented to the start on the Conoco Phillips-operated installation Ekofisk 2/4 VC in the North Sea.
Subsea 7 has announced the award of a sizeable contract by Shell as part of the deepwater Vito development, approximately 150 miles south of New Orleans, in the US Gulf of Mexico.
TechnipFMC and DOF Subsea (DOF) announce that the Skandi Recife, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), commenced its 8 year charter contract with Petróleo Brasileiro S.A. (Petrobras). The vessel will work in the Campos, Santos and Espírito Santo basins.
Reflecting equity volumes produced since the effective date of 1 January 2018 and the deposit paid upon the signing of the transaction, Equinor has paid Petrobras an adjusted cash consideration of US$2 billion.
Equinor Energy AS has contracted Kongsberg Maritime to deliver the Safety and Automation Systems (SAS) for the recently announced phase 2 of the Johan Sverdrup development in the Norwegian North Sea.