PETRONAS discovery in Suriname approaches 400 million bbl
According to Wood Mackenzie, TotalEnergies and APA Corporation are close to sanctioning a cluster FPSO development on Block 58.
Offshore & subsea - 17 May 2024
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Saipem awarded a new offshore contract by Azule Energy
Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., subsidiary of Azule Energy Holdings Ltd. an incorporated joint venture between Eni and bp, for the development of the Ndungu Field as part of Agogo Integrated West Hub Project, located approximately 180 km off the coast of Angola. The value of the contract is around US$850 million.
Seadrill enters agreement to sell its Qatar jack-up fleet and expands share repurchase programme
Seadrill has announced that it has entered into a definitive agreement to sell three jack-up rigs—the West Castor, the West Telesto and the West Tucana, and its 50% equity interest in the joint venture that operates these rigs offshore Qatar to Seadrill’s joint venture partner gulf drilling international for cash proceeds of US$338 million.