Offshore news

CEO Pat Lawless will be visiting Guyana as soon as current travel restrictions allow to work with existing clients and to introduce EM&I’s diverless, robotic, and digital asset integrity technologies.

The Bonga Main FPSO, which became operational in 2004, has a capacity of 225 000 bpd and weighs over 300 000 t, making it the largest asset in the world to be protected by a structural Digital Twin.

The 113 licences have been offered over 259 blocks or part-blocks to 65 companies.

The TCP jumpers are planned for delivery later this year, and will be deployed in the Julimar field, located approximately 200 km offshore North Western Australia.

The contract with an unnamed UK oil and gas operator, worth an annual six figure sum, has two additional one-year extension options.

The deal will see the Blackford Dolphin rig utilised in Mexico for the duration of the work, which is expected to last around 15 months.

Film-Ocean has recently invested a six-figure sum in the design and manufacture of its latest compact ROV launch and recovery system (LARS).  

Turkey has discovered its biggest ever natural gas field, holding 320 billion m3 (11.3 trillion ft3) in the Black Sea.

As a result, FAR’s stake in the Sangomar Exploitation Area decreases from 15% to 13.67%.

Valaris has reached an agreement with approximately 50% of its noteholders on a prearranged plan that would reduce debt by more than US$6.5 billion.