Offshore & subsea - 30 April 2019

The agreement covers Keathley Canyon blocks 642, 643, 686, and 687 and provides for the drilling of a delineation well at Repsol’s Leon discovery.

The five-year agreement aims to provide Pacific’s customers with better reliability and improved throughput enabling streaming video and real-time data.

“Through this transformational acquisition, Noreco will become the second largest oil and gas producer in Denmark and establish itself as a considerable exploration and production company in the North Sea,” said Riulf Rustad, Chairman of the Board of Noreco.

Interventek aims to complete the project, valued at a six-figure sum, and deliver a function tested prototype by the end of 2019.

Paul Allan, who has more than 10-years’ experience in delivering naval architecture and marine warranty surveying (MWS) to the oil and gas industry, has been appointed to the position by the Scotland-based firm.