Offshore & subsea - 21 July 2016

The consortium has secured a €1.9 million contract from the Irish Petroleum Infrastructure Programme.

CEO Peter Coleman said that the business was performing well in a challenging external environment.

Yann Helle will replace Tim Eyles, who is moving to the role of vice president with parent company Acteon.

The appointment of Vestigo is in line with Petronas’ objective to extend the economic life of the field.

Saudi Aramco President and CEO, Amin H. Nasser, presided over a signing ceremony of the Fadhili gas project.

The Leiv Eiriksson drilling rig has been contracted for three firm well slots with an additional six optional well slots.