Offshore & subsea

The Edvard Grieg field celebrates ten years of production and introduces a new area name: Eiga.

Shell UK Ltd, a subsidiary of Shell plc and Equinor UK Ltd, a subsidiary of Equinor ASA have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura will be the largest independent producer in the UK North Sea.

The agreement, signed today at Kongsberg Discovery’s facility in Horten, Norway, was lauded as “a natural partnership”.

Seatrium Limited has been awarded a contract from bp for the engineering, procurement, construction and onshore commissioning of the Tiber Floating Production Unit (FPU) project in the Gulf of Mexico.

Norwegian Ocean services provider DeepOcean is close to finishing a contract from TotalEnergies involving the disconnection and towing of the Gryphon Alpha floating production storage and offloading (FPSO) unit, along with the removal of related subsea infrastructure.

The agreement will become effective after the approval of the Uruguayan authorities.

Size of UK underwater market grows to £9.4 billion, but current UK govt policy is having negative impact.

This expansion increases Inchcape’s footprint in South Korea to three offices - Seoul, Busan, and now Geoje, covering 23 ports nationwide.

TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) has completed the divestment of its 12.5% non-operated interest in the OML118 Production Sharing Contract (PSC).

Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, has completed the previously announced agreement and increased its stake in the OML 118 Production Sharing Contract (OML 118 PSC) from 55% to 65%.

OML 118 is an offshore Nigerian license that includes Bonga producing field, in which NAE holds non-operating interests.

Martin Harrop, Offshore Analysis Manager at Aquaterra Energy, discusses how offshore engineering analysis is becoming increasingly valuable in offshore oil, gas, and energy-transition projects.

Matthew Snape and Jennifer Knopf, Vink Chemicals, and Matt Streets, Rawwater, discuss long term preservative biocides for biogenic souring control.

Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the UK continental shelf.

Liability figure points to significant opportunities for the decommissioning industry.