Offshore & subsea - 13 December 2019

The two framework agreements are for the provision of Engineering, Procurement, Construction and Commissioning (EPCC) services.

North Sea Blocks 15/18d and 15/19b (Licence P2366) have been sold to Anasuria Hibiscus UK Limited for a headline consideration of up to US$5 million.

OneSubsea will supply vertical monobore production trees and multiphase flowmeters rated up to 20 000 psi.

An FID has been announced for the Anchor oilfield and FEED has begun for the North Platte discovery.

The oil export from Johan Castberg will therefore go directly to the market, as described in the plan for development and operation (PDO).

The Acquired Assets produced approximately 19 thousand barrels of oil equivalent per day (MBoe/d) during 3Q19.