Offshore & subsea

The transaction comes just 10 months after the company completed a joint venture with Forum Energy Technologies.

The company has issued an update with regards to its two operated licences in the country.

The company has completed the drilling of wildcat well 7324/3-1.

Following its recent formation, SafeSTS Middle East FZE has made a strong start in the region, undertaking five UAE ship-to-ship transfers for two oil majors in its first six weeks of operation.

The field is located approximately 225 miles (360 km) south of New Orleans, La., in a water depth of approximately 5200 ft (1584 m).

More than 80% of exhibition space for SPE Offshore Europe 2019 has been sold, according to the event’s organisers.

The sale transaction comprises Shell's permits NT/Rl2 and NT/RL4 within Australia waters and PSC 03-19 and PSC 03-20 within Timor-Leste waters and associated governance agreements.

The company announced that it has completed the drilling phase of the A11 #2 well in its Orogrande Basin drilling programme with operator Maverick Operating and drilling partner Wolfbone Properties.

The new contracts have lifted the company’s orderbook to RM18 billion and total contract wins to-date for this financial year to RM7 billion.

Coinciding with the keel laying ceremony for its first Fast4Ward™ FPSO hull, SBM Offshore signs the contract for a second hull with SWS shipyard in Shanghai, China.

The contracts cover a range of works from installation and maintenance, to demolition and decommissioning.

The expected availability of the rig is now February 2020.

Trelleborg Sealing Solutions will be showcasing its online ‘Seals-Shop.com’ service at Valve World Expo which runs from November 27 to 28 in Düsseldorf, Germany.

The agreement will involve the provision of enhanced subsea architecture and smart standardisation via Enpro’s patented Flow Access Module (FAM) technology.

Rough seas with wave heights up to 50% above the stipulated heavy weather testing requirements proved no obstacle for VIKING’s LifeCraft™ system.