Offshore & subsea

The award covers project management, engineering, procurement of anchors for risers and umbilicals and offshore installation activities.

On 4 January, the Trump administration proposed to make nearly all offshore areas in the United States available for oil and gas exploration drilling.

Members of the scheme include Peterson, Maersk Oil North Sea UK Limited, Petrofac and Dana Petroleum Ltd.

The business intelligence group’s report reveals a 10 yr low in oil discoveries in Norway and anticipates a shift in focus in the UK to gas in 2018.

Norway spent US$18 billion in 2017 on offshore developments, with the US and Mozambique also making significant contributions.

The seismic acquisition over Otakikpo is expected to commence in Q1 2018 to kick-off phase two development of Otakikpo. All relevant permits are currently being pursued prior to commencing mobilisation.

Polarcus has extended the agreement with TGS for an additional year.

The contract, which was signed December 2017, is expected to commence in February 2018 and covers development drilling on the Jubilee and TEN fields offshore Ghana.

The move is a response to increasing demands for ship-to-ship transfers to support Brazil’s soaring oil exports.

Trelleborg is the first company to win the Oil and Gas Engineering Product of the Year Gold Award for its newly developed Standardized Buoyancy Module.

The collaboration between the two companies saw them identify and map oil seepage off the coast of California.

The company has surpassed 1500 days, more than four years, without a lost time injury at any of its global operations and offices, fabrication sites, warehouses and workshops.

The project will comprise acquisition of a 10 000 km 2D long-offset broadband multiclient seismic survey. Advanced new acquisition and imaging techniques will provide better illumination of complex subsalt structures.

The Snorre Expansion contract covers the delivery of subsea production systems and includes 6 subsea templates and subsea production equipment.

Beryl, an already discovered but undeveloped gas field, lies in the shallower zone in the same location as the underlying Helang Gas Field (“Helang”) and Layang Oil and Gas Field (“Layang”) in Block SK10, Offshore Sarawak.