Petrobras and Total complete the transfer of rights in the Lapa and Iara concessions
The consideration for the transactions amounts to US$1.95 billion, including closing adjustments.
Offshore & subsea - 16 January 2018
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Global Energy Group and Premier Oil announce initial success in Catcher development
Early production from the Catcher field in the North Sea is expected to be approximately 10 000 bpd.
Cable seal manufacturer firm Roxtec secures role on Egyptian gas field megaproject
Roxtec UK managing director Clive Sharp said the firm has supplied a range of specialist transits to secure cable entries, building wall penetrations and onshore facilities across the site.