Offshore & subsea

Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.

The contract will cover the installation of the Optimarin Ballast System (OBS) on Østensjø Rederi’s Edda Fides.

New approach delivers improved client services and creates role for Executive Vice President.

Yuma Energy Inc. and Davis Petroleum Acquisition Corp. have jointly announced that they have entered into a definitive merger agreement for an all-stock transaction.

The FEED study is to investigate subsea tie-back of Trestakk to Åsgard A FPSO.

Amarinth has designed an innovative low-shear vertically mounted API 610 OH 1 pump for the produced water nutshell filters from AI Energy Solutions.

Pura Vida Energy NL has announced that the company is a party to a farmin agreement and joint operating agreement with a subsidiary of Freeport-McMoRan Oil & Gas.

Europa has been awarded a new licensing option in the southern Porcupine Basin, offshore Ireland as part of the 2015 Atlantic Ireland round.

The average full-cycle breakeven price for an offshore planned project in the country is now US$58/bbl of oil equivalent.

WEG W22 motors, used by Paragon Offshore for jackup operations in the North Sea.

ClearSign Combustion Corp. has it has received an order for its for Duplex™ Technology from Advanced Combustion & Process Controls Inc.

The vessel will be used to support long-term oceanographic observation programmes.

This marks the second discovery on the Rakhine Basin since the beginning of 2016.

Neptune has announced it has been awarded an air diving services contract by Technip Oceania Pty Ltd for the Kitan disconnection project.

Technip has been awarded two contracts by Statoil for the fabrication and installation of Johan Sverdrup and Oseberg Vestflanken projects.