Offshore & subsea

The Merak-1 well is in 755 m of water in the North El Arish concession, also known as Block 6.

InterMoor has signed a contract with COOEC, a subsidiary of China National Offshore Oil Corporation (CNOOC).

Equinor awards a contract for services within insulation, scaffolding and surface treatment (ISO).

The Dinkov and Nyarmeyskoye fields' recoverable gas reserves total 390.7 billion m3 and 120.8 billion m2 respectively.

Torngat 3D will cover approximately 3287 km2 and encompasses sections of the open acreage included in the Labrador South November 2021 bid round.

The winning companies offered bids totalling US$724 million, the government said in official statements, and won the rights to explore for up to 13 years in areas of the South Atlantic.

Rystad Energy is predicting that North Sea oil production will drop next month to the lowest level since August 2014.

The contract relates to the company's recently acquired jack-up rig, Shelf Drilling Achiever.

The assets could be worth as much as US$1.5 billion.

The company's interest has been sold to the existing partners in the Block 5 exploration licence, subsidiaries of Murphy Oil Corporation, Wintershall Dea and Petronas.

Construction work has now started on the field’s second processing platform.

Construction of the company’s second well in the D41 offshore field in the Baltic Sea was completed earlier this month.

Craig Roberts will be based in the company’s Perth office, in Australia.

Fairfield Decom’s clients will have direct access to the expertise and assets of Decom Energy, Heerema Marine Contractors and AF Offshore Decom.

Eigen has rolled out a new safety barrier management solution for the Lundin operated Edvard Greig platform.