Offshore & subsea

Early-stage natural resources exploration marks milestone in Zambia’s diversification agenda as the nation moves towards becoming a middle-income country by 2030.

In the second annual roundtable hosted by Trelleborg, industry experts agree that the silver lining in the low barrel price is the willingness of the industry to embrace innovative solutions that can lower overall costs while not compromising safety.

The Buchan Alpha oil production vessel has arrived safely in Lerwick, Shetland for disposal.

Aker BP ASA has awarded an agreement to Odfjell Drilling for the lease of the semi-submersible drilling rig Deepsea Stavanger for a period of approximately 9 months, with commencement in February 2018.

The Industry Technology Facilitator (ITF)’s latest Innovation Network Tech Talk event will bring together technology developers, industry bodies, service companies and operators to discover the opportunities for efficient and cost-effective decommissioning and well abandonment.

Xodus Group has appointed Enrico Salardi as its decommissioning director to lead the company’s experienced ‘decom division’ which was formed in 2015.

M2 Subsea, the global independent provider of ROV services, has formed an alliance with leading vessel operator, Harvey Gulf Marine International to provide subsea ROV services in the Gulf of Mexico.

The UK operation of an undisclosed supermajor has awarded HydraWell a frame agreement to provide technology and services for all of the operator’s plug & abandonment (P&A) and well repair operations on the UK continental shelf.

The General Partnership (GP) has been awarded a construction contract from Husky Energy as part of the company’s West White Rose Project in Newfoundland and Labrador.

Parkmead, the UK and Netherlands focused independent oil and gas group, has announced that it has completed the previously announced acquisition of a 50% interest in the UK North Sea Licence P.2209. from Verus Petroleum (SNS) Limited.

This is the first seismic survey acquired there in approximately 30 years. PanamaSPAN™ is designed to provide the framework to evaluate the hydrocarbon potential of this unexplored area ahead of the anticipated inaugural license round.

Baker Hughes, a GE company has announced one of the first agreements of its kind with Twinza Oil Limited to provide fullstream support on the Pasca A gas condensate field, which is located off Papua New Guinea in the Gulf of Papua.

First gas has been exported from Cygnus Bravo, the satellite wellhead platform in the Southern North Sea’s Cygnus development, operated by ENGIE E&P UK Limited.

Well-Safe Solutions will provide a ground-breaking approach to the safe and cost-efficient decommissioning of subsea wells.

Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil.