Offshore & subsea

The contract, awarded by BP is for the development of the Giza Fayoum and Raven subsea fields offshore Alexandria, Egypt.

PJSC Lukoil has announced the commencement of the first stage of exploration activities at the Vostochno-Taimyrsky license block in the Krasnoyarsk region ahead of time.

The company’s emphasis on stimulation optimisation by using tracers has significantly reduced lift costs.

Fugro deploys new-build Fugro Aquarius for Petrobras contract.

The company has announced its financial highlights of the 2015 year end.

This new topside product will connect and seal pipes measuring from 1 - 4 to in. in diameter, using proven metal graphite composite sealing.

The project consists of the development of one of the largest offshore gas fields in Argentina and is the world's southern-most gas development.

Eni has reported the approval of the Plan of Development for the Coral discovery, offshore Mozambique.

The agreement will last for three years, with options to extend for three, two year periods.

Aqualis will provide the MWS services for the load out and sail away of transport vessels in Brazil, as well as discharges of the modules in Qingdao, China.

Deep Well Oil & Gas Inc. has provided an update for the Steam Assisted Gravity Drainage (SAGD) oil sands project at Sawn Lake, Alberta, Canada.

SeaBird Exploration Plc has announced that the company has signed a contract for undershoot work in the North Sea during 2016.

Zennor Petroleum Ltd has entered into a Conditional Sale and Purchase Agreement with the joint administrators of First Oil Expro Ltd to acquire subsidiary companies First Oil & Gas Ltd and Antrim Resources Ltd.

Protection Group International outline ongoing threats in the region.

The Group Executive Vice President at DNV GL has announced plans to retire in August 2016.