Offshore & subsea

Rudranil Roy Sharma, Director, Energy & Environment Practice, Frost & Sullivan writes an overview of the current Oil & Gas sector in the MENA Region.

The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs that re-enforces the promising outlook for the area and its development.

The company has been chosen to supply the automation and Integrated Control and Safety Systems (ICSS) systems for P-79, an FPSO vessel in the Petrobras fleet.

TotalEnergies, and its co-venturers QatarEnergy and Petronas Petróleo Brasil have won the Agua Marinha block in the Open Acreage under Production Sharing Regime.

CGG has announced the sale of its US land seismic multi-client library to Bon Ton Seismic LLC.

The Aberdeen-based project and risk management consultancy company, has announced a one-year contract with Ithaca Energy for the use of its digital project management system.

The oil and gas sector can mitigate barriers to investment by acting on recommendations in a new report on environmental, social and governance (ESG) disclosure.

Sarawak Shell Berhad, a subsidiary of Shell plc, has agreed to sell its stake in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd.

ChampionX is first company to receive new annual supplier recognition award based on performance, service quality, and responsiveness.

Cassia C is expected to produce, at peak, about 200 – 300 million standard cubic feet a day of gas.

Offshore drilling operator Valaris has confirmed it has renewed, for an additional three years, the service agreement it has in place with survival technology solutions provider, Survitec.

Calypso is Neptune Energy’s third discovery in six months on the Norwegian Continental Shelf.

Ramform Hyperion will commence acquisition in late November and expect to complete mid-January 2023.

In the past six years, CGG has successfully delivered land, marine, transition zone, OBC and high-density OBN seismic imaging results at the BSP centre.

The probe by the North Sea Transition Authority (NSTA) could result in action being taken, including a fine for the company or up to the relevant licence being taken away.