Offshore & subsea

The award scope initially covers the refurbishment and upgrade of the existing subsea control system.

Managed Pressure Drilling (MPD) is an adaptive drilling process that allows greater control of the annular pressure profile throughout the wellbore.

The agreement between the two companies provides a mechanism to allow a transition of the contract to an Engineering, Procurement, Construction and Installation (EPCI) contract at a later stage.

Total has acquired several assets located in the Gulf of Mexico as part of the Cobalt International Energy company’s bankruptcy auction sale.

Noting a significant upturn in marine activity supporting the UKCS oil and gas sector, Aberdeen-based Seacroft Marine Consultants Limited has reported more than £500,000 in new contracts won in the first 3 months of 2018.

Subsea 7 S.A. announced the award of a sizeable contract by BP, for the provision of EPCI flowline supply and subsea installation services for the Alligin subsea development project, located approximately 140 km west of the Shetland Islands.

TGS announces an expansion of its Atlantic Margin multi-client programme in the Norwegian Sea.

McDermott International, Inc. has announced that it has completed the first phase of the deep-water Atlanta Early Production System (EPS), located approximately 115 miles (185 km) offshore southeast of Rio de Janeiro.

Trelleborg’s offshore operation has signed a strategic supply and license agreement with Reel Power Oil and Gas to collaboratively develop and market a new Vortex Induced Vibration (VIV) suppression system.

Orrick advised Statoil on its acquisition with Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico.

BP has committed to two new North Sea developments which are expected to produce 30 000 boepd at peak production.

Arundo Analytics have announced a partnership with integrated global provider of subsea services Acteon Group, to deliver machine learning models for subsea applications on the Arundo Enterprise platform.

Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate purchase price of US$339 million.

Xodus Group’s Perth office has won more than A$3.5 million (£2 million) in new contracts over the last six months.

Ocean Installer has been awarded a contract by Petronas, the Malaysian oil and gas company, to assist in decommissioning the Chinguetti field off the coast of Mauritania in West Africa.