Offshore & subsea - 22 May 2019

The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy.

TGS and Schlumberger announced today a strategic collaboration for multiclient ocean-bottom node projects in the deepwater US Gulf of Mexico.

The contract is with TechnipFMC for the Eni Merakes field tie-back to the existing Jangkrik Floating Production Unit (FPU) in offshore East Kalimantan, Indonesia.

The new technology aims to achieve more efficient and environmentally friendly data collection.

EIVA will join the Sonardyne group of companies while remaining an independent business and brand.

The Merak-1 well is in 755 m of water in the North El Arish concession, also known as Block 6.