Offshore & subsea

The new exploration discoveries are Capercaillie, which it a 100% owner of, and Achmelvich, which it has a majority stake in.

The agreement is for Shell’s stake in Blocks 15, 16 and 17 and Block G12/48.

At least one well will be drilled to follow-up and appraise the Verbier oil discovery this year.

Sec PV-10 value more than doubled to US$22.5 million while forward strip based PV-10 value was US$39.93

The late life extension strategy involves converting the TAQA-operated Eider Alpha platform into a utility platform as part of a wider programme designed to extend the life of TAQA’s wider NNS infrastructure in the years ahead.

Ecosse Subsea Systems (ESS) signalled its intent to expand in 2018 with the appointment of the company’s first Engineering Manager.

Taking place at the AECC on Wednesday 7 February, the ‘Scottish Enterprise Business Breakfast’, will provide guests with a networking opportunity whilst demonstrate the vast amount of diversification opportunities there are across the sector.

The US$3.3 billion Tyra Future redevelopment project is critical in enabling Denmark to achieve its gas supply requirements, while supporting future regional investments and protecting industry jobs, according to GlobalData.

Pemex, ExxonMobil, Shell are among the drillers contemplating bids.

Statoil has awarded Subsea 7 a sizeable contract for the Johan Castberg field development, located 240 km from Hammerfest in Norway.

OEG have delivered several high value remotely operated vehicles module contracts worth £1.8 million (US$2.5 million) for leading subsea contractors.

McDermott International, Inc. announced a large contract award from Saudi Aramco for the engineering, procurement, construction and installation of 13 jackets in the Zuluf, Marjan, Berri and Abu Safah fields, offshore Saudi Arabia.

TMC Compressors has won a contract from Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) to supply the marine compressed air system to a newbuild FPSO the yard is currently constructing for SBM Offshore.

The International Marine Contractors Association’s (IMCA) Capt Andy Goldsmith, Technical Adviser – Marine, will be speaking on crucial aspects of Dynamic Positioning (DP) at the European DP Conference in London on 6 February.

The initial phase of the deepwater project consists to two development wells in Keathley Canyon 829 and a six mile subsea tieback to the Lucius plat form at Keathley Canyon 875.