Offshore & subsea - 15 February 2016

Bhagwan Marine has announced the signing of a multi-year, multi-vessel contract to provide marine support to American company, Foss Teras Marine.

Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.

The contract will cover the installation of the Optimarin Ballast System (OBS) on Østensjø Rederi’s Edda Fides.

New approach delivers improved client services and creates role for Executive Vice President.

Yuma Energy Inc. and Davis Petroleum Acquisition Corp. have jointly announced that they have entered into a definitive merger agreement for an all-stock transaction.

The FEED study is to investigate subsea tie-back of Trestakk to Åsgard A FPSO.

Amarinth has designed an innovative low-shear vertically mounted API 610 OH 1 pump for the produced water nutshell filters from AI Energy Solutions.