Offshore & subsea

The company has provided an operational update on Standard Exploration Licence (‘SEL’) 1/11 that contains the Barryroe oil accumulation.

Specialist subsea project delivery firms James Fisher Offshore (JFO) and First Subsea have joined forces to launch a revolutionary cut and lift product that promises to streamline decommissioning projects worldwide, simplifying operations whilst reducing costs and risk.

The Oil and Gas Authority (OGA) has launched the Supplementary 31st Offshore Licensing Round, presenting an exceptional opportunity for oil and gas companies to collaborate to maximise economic recovery of up to 300 million boe in the Greater Buchan Area.

The EnCounter acquisition is the second transaction executed by Talon, as the Company looks to build on its newly incorporated UK North Sea strategy.

The Rowan Viking, an N-Class ultra-harsh environment jack-up rig, has been awarded a seven-well programme.

The company has announced the execution of a Share Purchase Agreement for the acquisition of Chevron Brasil Upstream Frade Ltda.

The company has had a presence in Norway for six years and a local business development manager who acted as a focal point for clients in the region.

However, chronic midstream infrastructure bottlenecks and low price environment can limit the progress of the oil and gas industry, says GlobalData.

The partnership will see both companies work together to deliver a range of efficient, high-quality subsea solutions to improve data acquisition.

The company has reported that the TLP-103C well at its Tilapia licence in the Republic of the Congo has intersected the targeted Djeno horizon and that hydrocarbons were encountered.

"At 250 million boe, CNOOC Ltd’s Glengorm is the largest gas discovery in the UK since Culzean in 2008,” Kevin Swann, a senior analyst with Wood Mackenzie’s North Sea upstream team, said after CNOOC and its partner Total announced the discovery.

The contract covers the delivery and installation of subsea equipment including umbilicals, rigid flowlines, flexible jumpers and subsea production systems.

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-31 S, cf. Section 15 of the Resource Management Regulations.

Under the terms of the agreement, DSM will provide mooring and related equipment to several of Diamond’s rigs.

The well will be drilled immediately after the nearby Dorado-2 appraisal well is completed.