Offshore & subsea - 25 April 2016

Torchlight Energy Resources Inc. has announced that drilling has commenced on the next well in the Orogrande Project, the University Founders B-19 #1.

Ocean Rig UDW Inc. has announced that one of its subsidiaries has acquired the 6th generation ultra deepwater drillship Cerrado.

CNOOC Ltd has announced that the Panyu 11-5 oilfield has commenced production.

The contract, valued at approximately £3 million, will secure jobs for more than 9 people over the next three years.

TSC Inspection Systems is the winner of the ‘Best Innovative Product’ award at the recent NDT Level 4 Conference, Abu Dhabi.

The partnership will involve deepening their working relationship globally and an increased focus on providing best practice resources.

The latest contract award from Statoil will see Wood Group deliver subsea field concept engineering for the Snorre expansion project.

The organisation has published two new documents to aid in countering condition monitoring challenges.

Douglas-Westwood look ahead and examine the likely state of the oil price next year.

The guidance notes and guide provide information for choosing monitoring techniques and insights for achieving classification.

Subsea 7 S.A. has announced the award of a sizeable engineering, procurement, installation and commissioning (EPIC) contract by Apache North Sea.