Offshore news

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.

TotalEnergies has announced that its subsidiary TotalEnergies EP Nigeria signed a sale and purchase agreement (SPA) with Chappal Energies for the sale of its 10% interest in the SPDC JV licenses in Nigeria.

Longboat Energy has announced that it has completed the sale of its 50.1% holding in Longboat Japex Norge AS to its joint venture partner Japan Petroleum Exploration Co. Ltd.

CNOOC Ltd and 80883 has announced that the Bozhong 19-6 Condensate Gas Field D1 Well, the first ultra-deep well in Bohai Bay, achieved high yield.

ADNOC has announced the deployment of RoboWell, AIQ’s pioneering artificial intelligence (AI) autonomous well-control solution, in its operations at the offshore NASR field.

Saipem has been awarded two offshore projects in Saudi Arabia, under the existing long-term agreement (LTA) with Saudi Aramco. The overall amount of the two projects is approximately US$500 million.

Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge started production from the first Lavrans well in the Kristin South area on 7 July.

Corinth Pipeworks has announced that it has been awarded a significant contract by Woodside Energy, as operator of the Trion deepwater field, to manufacture and supply approximately 118 km of high frequency welded (HFW) steel pipes.

Vallourec has announced that it has been awarded a contract by TotalEnergies to supply almost 5000 t of OCTG solutions and associated services for the Kaminho deepwater project on Block 20, 100 km off the coast of Angola.