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Offshore & subsea

 

Statoil: Trestakk approved

Norwegian authorities have approved the PDO of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate.

 
 

BP to sell Forties Pipeline System to INEOS

BP has announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.

 
 

FAR signs strategic AMI Agreement with CNOOC UK Limited

The AMI provides FAR and CNOOC UK with agreed arrangements to partner in evaluating, bidding, negotiating and managing joint ventures on farm-in and open acreage opportunities for oil and gas licences. The AMI agreement period is for two years.

 
 
 
 

Subsea UK shares knowledge and expertise with Pemex

Senior figures from Mexico’s national oil company, Pemex, have been discovering the secrets of the UK subsea sector’s success and how it has revolutionised the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen.

 

Exceed secures £5.5 million of North Sea contracts

Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has secured four new North Sea contracts in the first quarter of 2017 with a combined revenue of approximately £5.5 million.

 

Fugro boosts specialist oil and gas services in Guyana

Fugro is to boost its marine site characterisation services for the oil and gas industry in the Republic of Guyana with a new strategic alliance with Ground Structures Engineering Consultants Ltd.