Offshore news

The company has found its feet in the Brazilian offshore market, winning a number of agreements with global EPC contractors.

75% of contractors anticipate moving into renewables work over the coming three to five-year period, the highest level recorded since the question was first asked in 2015.

The Deepsea Stavanger mobile rig is scheduled to drill three exploration wells from February 2022.

Xodus Group has been commissioned to produce an updated Competent Person's Report on the Barracuda field offshore Nigeria.

ICR will continue to provude its Quickflange service to Apache's North Sea subsidiaries.

The work for Santos included geophysical and geotechnical surveys, consisting of multiple Cone Penetration Testing (CPT) and borehole locations up to 100 m.

The loss includes impairment charges totalling US$567.1 million in respect of the Lancaster field, West of Shetland, and the company’s exploration assets and an associated deferred tax write-off of US$54.2 million.

Serica Energy said the well requires sand screens to be installed to prevent fine particles being produced – difficulties were encountered while running the screens and it was ultimately not possible to install them.

UK Energy Minister Anne-Marie Trevelyan also backed Subsea UK's plans for a Global Underwater Hub while speaking at Subsea Live.

The National Petroleum Construction Co. has been awarded a contract to deliver engineering, procurement, construction, and commissioning activities for the offshore facilities required to enable full production capacity of 45 000 bpd of light crude.