Offshore news

The data collected from the drilling has established the well as a successful appraisal of the Mako gas field, offshore Indonesia.

The FPSO will be chartered for 21 years and deployed in the Búzios field in the Santos Basin, offshore Brazil.

The mooring line monitoring technology that has been developed by BMT has been supplied to LMC to monitor mooring pull-in and inclination of the chain stoppers during the FPSO hook-up installation phases and long-term operation of its internal turret mooring system on the Helang FPSO.

The transaction adds ten additional producing field interests to Ithaca's existing portfolio.

Drilling operations at the TLP-103C-ST well offshore the Republic of the Congo could commence either in 1Q20 or 2Q20, dependent on the rig’s current commitments.

Recent events in the Middle East, including risks to oil tankers in the Strait of Hormuz, have brought safety to the forefront of many operators’ minds.

Steve Gordon, Managing Director of Clarksons Research, said that offshore investment and activity levels are increasing in the region, with project Final Investment Decisions totalling US$23 billion reported in the year to date.

Safe and continual performance of lifting equipment crucially depends on minimising risk through improved resilience to failure

Recent reporting from the company's ongoing project in support of NPCC demonstrate a 60% reduction in overall cutting time utilising its ultra-high-pressure abrasive water jet internal cutting system.

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