Offshore news

QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.

The offshore decommissioning project utilised real time cutting verification technology to remove 25 dormant gas platforms in support of the client’s wider asset end-of-life campaign.

Solutions for rigless plug and abandonment will be key for cost-efficient, environmentally sensitive, and compliant decommissioning of wells.

Orders from Petrobras correspond to a third of the global demand for FPSOs. Of the total units planned until 2028, 10 are already contracted.

DNO has announced that the Company’s wholly-owned subsidiary DNO Norge AS has entered into an agreement to acquire stakes in five oil and gas fields in the Norne area in the Norwegian Sea from Vår Energi ASA.

This agreement, once completion occurs, will grant Azule a 42.%% interest in Block 2914A located in the offshore Namibian Orange basin, the location of several major oil discoveries since 2022.

Seadrill announces two new drillship commitments

Seatrium has announced that it has secured a floating production storage and offloading (FPSO) topsides integration contract from longstanding customer, Offshore Frontier Solutions Pte. Ltd.

Shelf Drilling has announced that a subsidiary of Shelf Drilling (North Sea), Ltd, has secured a contract for the Shelf Drilling Fortress jack-up rig with a North Sea operator for operations in the UK Continental Shelf

Custos Energy has announced that Chevron Namibia Exploration Limited, an affiliate of Chevron Corp, has executed an agreement that provides for their entry in Petroleum Exploration License 82, with the assumption of an 80% working interest and operatorship