Offshore & subsea - 14 February 2020

The company is to transfer its entire working interest in the Block 115/09 production sharing contract, offshore Vietnam, to an unnamed major international oil and gas company.

The Petrobras-led Búzios Project will be recognised at this year's Offshore Technology Conference for the use of technological advancements in extreme conditions.

Richard Pugh, Investor at equity investor BGF, discusses why an upturn in the subsea sector may not be plain sailing and outlines why is it crucial to get your funding ducks in a row from the outset.

More than 6600 delegates gathered at Subsea Expo in Aberdeen, UK, this week, one of the biggest attendances on record in the event’s 15 year history.

The company recorded revenue of US$2171 million in 2019.