Faroe Petroleum has announced the conditional acquisition of a further 13.9935% interest in the Blane Field in the UK North Sea from JX Nippon Exploration and Production (UK) Limited for a total consideration of US$5.25 million.
Saipem and Petrobel have finalised offshore contract variations worth US$900 million for EPCI activities in relation to the 'Optimised Ramp Up' phase of the 'supergiant' Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.
Statoil and its partners have started production on the Byrding field as planned. Recoverable volumes in Byrding are estimated at a good 11 million boe.
API has welcomed a letter in support of the safe and environmentally responsible development of the US’ offshore energy resources.
ABIS Holdings Energy Services Ltd has signed an agreement to support the development of a port on the Spanish island of Gran Canaria.
The survey is being conducted by Schlumberger Guyana Inc. using R/V GECO Eagle and two supporting vessels, and is expected to be completed within 50 days following which the results will be interpreted before an announcement is published.
ION Geophysical Corporation has announced that its imaging services supported the historic Zama-1 discovery offshore Mexico made by Talos Energy, LLC (Talos) and their partners.
Exxon Mobil Corporation has discovered additional oil in the Payara reservoir offshore Guyana.
FlyLogix has successfully conducted its longest civilian beyond line of sight drone flight inspection of the DP3 unmanned platform.
W&T Offshore has contracted the Enterprise Offshore 264 jackup rig for drilling he ST 224 prospect.
Aquaterra Energy has secured a multi-million pound investment from EV Private Equity.
ALE has increased its services and skills in the offshore sector by purchasing Conbit.
Petroleum Safety Authority Norway has granted Statoil consent for major modification, installation and start-up of the Troll B ZMP module.
The Maersk Oil operated high pressure, high temperature (HPHT) Culzean development in the UK North Sea has reached a key milestone with the safe installation of all three of the project’s jackets, on time and on budget.
Subsea 7 S.A. has had three pipelay support vessel contracts extended offshore Brazil.