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Offshore & subsea - 08 November 2023

PGS contract award in Mediterranean

PGS is awarded a 3D exploration contract in the Mediterranean. The Ramform Titan is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 160 days.

 

Lime Petroleum to acquire 4 million boe net contingent resources in Brasse Field

Lime Petroleum AS has entered into sale and purchase agreements with DNO Norge AS (‘DNO’) and OKEA ASA (‘OKEA’), to acquire 10.7212% and 6.2788% interests respectively in PL740 in the Norwegian North Sea, in which the Brasse Field is expected to start commercial production in 2027.