Jon Clark, EMEIA Leader for Oil & Gas Transaction Advisory Services at EY, comments on the recently published report by the National Audit Office identifying UK taxpayers’ potential exposure to £24 billion of North Sea decommissioning costs.
Subsea oil and gas engineering firm, Interventek, will unveil the development of the industry’s first subsea shear-and-seal safety valve powered by an integrated gas accumulator at next week’s Subsea Expo show in Aberdeen, UK.
Total E&P Denmark A/S has awarded IKM Testing a comprehensive contract on the Danish Continental Shelf.
The upgrade of the vessel involves the installation of shore power connection, combined with a new battery solution for energy storage on board.
The company has announced that it has entered into a collaboration agreement with Marnavi Offshore.
As part of the agreement, Unique Group will design, manufacture and deliver Classed Air and Saturation Dive systems for integration on POSH’s vessels.
Total’s Egina field, located 150 km (93 mi) off Port Harcourt, kicked into production just as 2018 was winding to a close.
The company has announced the significant contract award by BP Trinidad & Tobago, LLC.
The company has launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.
Contracts for the Voyager Explorer and the Osprey Explorer have been extended.
The new data will be used for detailed mapping of the prospects which have been identified, leading to selection of potential candidates for drilling.
The contract focuses on two projects: Grand Tortue Ahmeyim, operated by BP, and the SNE project, operated by Woodside.
The company previously announced the award of three long-term contracts in the MENA region.
Leading independent provider of subsea equipment rental, sales and services to the offshore industry Ashtead Technology, has today (23 January, 2019) announced that it has entered into a global strategic partnership with 4Subsea.
All 5 large PSVs wholly owned by SDSD are currently working on term contracts.