Offshore & subsea

Polarcus Limited has announced that the company has signed a Letter of Intent with an undisclosed client for a 3D marine seismic project.

The Board of UKOG notes the stimulus to the UK oil and gas industry in the new Budget.

Summary includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days.

Global Maritime Deep Sea Mooring has signed winches deal with Perth-based Green Monster Offshore.

The field has been developed at a water depth of about 400 metres with two facilities on the sea bed.

The CJ54 is the latest addition to the successful series of the GustoMSC cantilever drilling jack-ups (CJ-series).

The equipment is for the Esso Exploration Angola (Block 15) Limited Kizomba Satellites Phase 2 development offshore Angola.

UK fiscal regime being revamped to reflect the maturity of the UK basin.

Statoil is presenting the annual and sustainability reports for 2014, together with the new payments to governments report.

Statoil was the apparent high bidder on 14 leases in the Central Lease Sale.

Statoil has been awarded new exploration acreage through the Aru Trough I licence offshore Indonesia.

Archer’s modular rig commences permanent plug and abandonment operations for Statoil.

Operator Statoil has together with PL218 partners made a gas discovery in the Snefrid Nord prospect in the Norwegian Sea.

New research programme from Wärtsilä and VTT.

Falling rig counts drive projected near-term oil production decline in 3 key U.S. regions.