Offshore & subsea

The WZ 6-12 M1 exploration well is located in between the Weizhou 6-12 North and South Fields and is targeting the T40 - T42 stacked reservoirs.

The offshore Habi gas concession is located in Egypt’s eastern Mediterranean.

The project will last approximately 1 month and commence in 1Q20.

Prior to the drilling of well 6506/11-11 S, the operator’s resource estimate for the discovery was between 3 and 21 million m3 of recoverable oil equivalents.

GMS's customer is an international EPC contractor, for which GMS will provide support for offshore activities on behalf of a Middle East national oil company.

The scope of work for fabrication of the SPS includes: project management; fabrication engineering; procurement; pre-assembly; fabrication; acceptance tests; and system-integration tests.

The licence and assurance will allow certain US and US-owned or controlled entities and also non-US entities to continue providing goods, services and support to Rhum beyond 31 October 2019; when the current licence expires.

Talos plan to use Trendsetter’s TC7 clamp connectors and ancillary equipment on the Bulleit development located in the Gulf of Mexico’s Green Canyon 21 block.

The company has collected beam migrated data from the shallow-water shelf blocks of the Kwanza Basin.

The global subsea umbilicals, risers and flowline market is forecast to be worth more than £5 billion by 2021.

Under the agreement, Shell will reduce its stake in the discovery from 80% to 50% and continue as operator, while Total will retain the remaining 20%.

The first cargo of oil from the field is expected to leave for customers in Asia this week, and contain 1 million bbl with a market value of approximately US$60 million.

A field development plan has been submitted for the company's Nam Du and U Minh gas fields, offshore southwestern Vietnam, to Vietnam Oil and Gas Group (Petrovietnam).

Since its last report Transocean has added approximately US$75 million in contract backlog, bringing total backlog to US$10.8 billion.

The Etame field offshore Gabon was successfully drilled to a total depth of 10 260 ft and encountered both Gamba and Dentale oil sands.