Offshore news

PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd, has signed a land rental agreement with Kuantan Port Consortium Sdn Bhd, to progress plans for its southern carbon capture and storage (CCS) hub in Pahang, Malaysia.

CNOOC and 80883 (RMB Counter) has announced that it has achieved a high yield well in Beibu Gulf, which produces over 1000 m3/d of oil.

Deltic Energy has announced that the Valaris 123 drilling unit has been mobilised and is on route to the Selene well location.

Valaris has announced that it has been awarded a multi-year contract with Equinor Energy do Brasil Ltda., a subsidiary of Equinor, for drillship VALARIS DS-17.

QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.

Parkmead has announced that further to the provisional award of three blocks as part of the 33rd UK offshore licensing round, the P2634 licence has now been formally awarded to Parkmead by the UK Government’s North Sea Transition Authority (NSTA).

TechnipFMC has been awarded a large integrated engineering, procurement, construction, and installation (iEPCI™) contract by Energean for its Katlan development in the Mediterranean Sea.

Diamond Offshore Drilling hasannounced that it has entered into a contract with BOE Exploration & Production LLC for the Ocean BlackRhino for work in the U.S. Gulf of Mexico.

Tenaz Energy has entered into an agreement with Nederlandse Aardolie Maatschappij B.V., a 50/50 joint venture between Shell PLC and ExxonMobil Corporation, to acquire all of the issued and outstanding shares of NAM Offshore B.V. for base consideration of €165 million (US$246 million), prior to closing adjustments and contingent payments.

BW Energy has signed a letter agreement to acquire shares in Reconnaissance Energy Africa and 20% interest in onshore exploration license PEL 73 in Namibia.