Offshore & subsea

The EIA has reported an increase in offshore oil production.

Offshore developments have benefitted from lower breakeven prices over the last two years, latest Rystad Energy analysis shows.

ExxonMobil has announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion bbls of oil on the Owowo field offshore Nigeria.

The contracts cover the construction and servicing of subsea production systems

The successful award of PPL 560 represents a major milestone in the company’s strategy of building a strong and diverse exploration portfolio in Papua New Guinea.

Mekers Offshore Ltd has launched its first in a series of liftboats at Dajin Heavy Industries yard in Jiangsu, China.

The NPD has said that the exchange will allow for a better understanding of the regional geological conditions on both sides of the demarcation line in the Barents Sea.

The compressors on the Edvard Grieg oil platform, some 160 kilometres off the Norwegian coast, as manufactured by Siemens in Hengelo, have been fitted with ‘state of the art’ noise enclosures.

The re-certification, without any major non-conformances, demonstrates the continued success and implementation of the company’s Integrated Management System (IMS).

IOS InterMoor has announced the opening of its new mooring base in Fensfjord, Norway near Bergen.

Research conducted with Lloyd's Register shows a focus on developing cleaner energy production technologies and new energy sources.

CGG will deliver an orthogonal wide-azimuth integrated solution designed to optimise subsalt seismic imaging in the geologically complex deep waters of the Perdido area.

The industry body will showcase the expertise available within the British subsea sector at Latin America’s largest oil and gas event, Rio Oil and Gas Expo and Conference this week.

A deal has been secured with Oceanscan for the purchase of multiple Gemini 720is and Narrow Beam Imaging (NBI) units from the company’s range of multibeam imaging sonars.

The platform is to be loaded from the industrial yard of the offshore company in KhoramShahr in order for being transported to the tank position.