Offshore & subsea

Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B/12B, offshore South Africa. 

Pre-lay mooring and anchoring solutions to be deployed on Transocean GSP Development Driller 1 rig.

Subsea Technologies Limited has secured ISO 9001:2015 accreditation through Lloyds Register LRQA with no non-conformance issues for the second year running.

These projects will be delivered with a variety of vessels on behalf of customers in the oil and gas, renewables and utilities.

Both of these licences are located in the Ridges basin, which features a proven hydrocarbon system and material prospectivity.

PetroQuest Energy, Inc. has announced the sale of its Gulf of Mexico properties on January 31, 2018, but effective as of December 1, 2017.

Ocean Installer wins major Johan Castberg marine operations contract in the Barents Sea.

Fugro has won a long-term contract for the provision of rig positioning services to Statoil Petroleum AS.

Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval.

Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block, and holds holds an option to purchase a working interest in the Orinduik Block.

LUKOIL has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the Caspian Sea. As of 31 January, the company started to drill an injection well.

Loan agreement finances further development of the Prinos, Prinos North and Epsilon oilfields.

Island Offshore Subsea AS provides Riserless Light Well Intervention (RLWI) project management and engineering services for plug & abandonment (P&A), riserless coiled tubing and well completion operations.

Erin Energy Corporation has announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation.

On 31 January, Shell acquired nine exploration blocks for the Mexican Gulf of Mexico in the deepwater bid round.