Offshore news

Under the agreement, Aquaterra Energy will deliver a subsea well access solution to support intervention and abandonment activities across 11 wells located offshore Spain.

Patrick Pouyanné, Chairman and CEO of TotalEnergies, met in Afungi with His Excellency Daniel Chapo, President of the Republic of Mozambique, and have announced together the full restart of Mozambique LNG project activities.

The rig will be used by MOL to perform drilling of three development wells in the offshore Yumna Field in Block 50, Oman.

Viridien and SLB have entered into an agreement with the Egyptian Natural Gas Holding Company (EGAS) to launch a massive multi-client ocean bottom node (OBN) seismic acquisition and imaging programme in Egypt’s Eastern Mediterranean offshore.

Investment to fall as Norway projects unwind while UK faces lowest spending in over 50 years.

The landmark agreement establishes the UK’s first commercial-scale lease of the seabed for permanent offshore CO2 storage and associated pipeline infrastructure, providing a template for future carbon capture and storage (CCS) projects around the UK’s coastline.

This contract marks fifth pre-commissioning scope for offshore Guyana.

By revitalising existing seismic and well data, this project will advance the understanding and promotion of Malta’s offshore petroleum potential in the Central Mediterranean.

Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.

The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years.