Offshore & subsea

The three-year agreement, which includes options to extend, is estimated to be worth up to US$95 million over the term.

The company has announced the signing of a binding conditional agreement as it takes its next step in building its portfolio in SE Asia.

The company has announced that it has signed a rig contract for infill drilling on the Stag oilfield, located offshore Australia.

This follows a change to section three of the Petroleum Safety Authority’s (PSA) framework HSE regulations, which now permits mobile units employed in petroleum activities on the NCS to be designed in accordance with relevant maritime requirements.

The survey will include the highly prospective Castberg area, and cover existing and newly awarded licenses in addition to open acreage with several play models in multiple geological layers.

The company has entered into a binding, conditional farm out agreement and a three-month exclusive option with Shell UK Limited.

The company has signed an agreement with Total E&P Namibia B.V., a wholly-owned subsidiary of Total S.A.

The company has entered into contracts for three of its large PSVs.

WellConnection Group, a Norwegian inspection, maintenance and repair (IMR) company has acquired Peterhead-based Independent Oilfield Services (IOS) in a deal which marks their entrance into the UK market.

GeoPartners, in partnership with the Petroleum Directorate of Sierra Leone, is pleased to announce a new 2D seismic survey offshore Sierra Leone to support the 4th Offshore Petroleum Licensing Round planned for later this year.

More than 6500 visitors made their way to Europe’s largest subsea event, Subsea Expo, in Aberdeen this week.

BSOG, together with its co-venture partners, are pleased to announce that they have approved the FID to proceed with the Midia Gas Development Project, offshore Black Sea.

The company has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 km off the southern coast of South Africa.

The new joint venture, Sonadrill, will operate four drillships, focusing on opportunities in Angolan waters.

The company has announced that it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12.