Offshore & subsea

Drilling of the Hibiscus Extension appraisal well in the Dussafu Marin offshore licence in Gabon encountered water rather than hydrocarbons.

The company will invest a seven-figure sum into its operations and establish new support hubs in Houston, Dubai, Singapore, Perth and the Caspian over the next six months.

COSL will be the exclusive provider of semi-submersible drilling rigs for OKEA’s Norwegian Continental Shelf operations.

Located in water depths from 600 to 1200 m and about 150 km from the Angolan coast, Zinia Phase 2 resources are estimated at 65 million barrels of oil.

At completion, Ruby is expected to have the capacity to produce up to 16 000 gross bpd of oil and 80 million gross standard ft3/d of natural gas.

The platform will be the ninth unit to operate in the field, in the Santos Basin pre-salt.

The contract will cover inspection services to Vår Energi’s full portfolio of assets on the Norwegian Continental Shelf.

Valaris has eliminated US$7.1 billion of debt and secured a US$520 million capital injection.

Maersk Training will deliver safety, pool survival, well control and process training in the region.

Pegasus West in the UK Southern North Sea was discovered in 2014 and is currently operated by Spirit Energy.

Baker Hughes will supply Petrobras with up to five subsea production and injection manifold systems for the project.

The first ever pressure-containing component to be produced using Wire Arc Additive Manufacturing technology (WAAM) was successfully ran on Total’s Elgin-Franklin rig in the North Sea.

The company will acquire interests in four licences, two of which will be operated by the company, for a total initial headline cash consideration of US$9 million.

ABB is to deliver automation solutions for the Krafla oil and gas field development.

The contract, signed with Empyrean Energy, will see AGR provide offset analysis and detailed well design engineering to ensure safe project delivery.