Under the new contract, Zenith will be responsible for the provision of well construction and full project management services on Europa’s upcoming Holmwood-1 exploration well on the PEDL143 licence in southern England.
Offshore & subsea - 13 September 2016
Industry efforts are focusing on how a reduction in core drilling costs of 50% could potentially unlock around five billion boe of known reserves over the next decade.
Statoil’s impact assessment programme for Johan Castberg reveals that the project will be important to Norwegian industry and have strong ripple effects.
Aker Solutions, Det norske oljeselskap and Subsea 7 agreed on a "one for all, all for one" collaboration model that marks a major shift in how an operator and its suppliers can work together offshore Norway.