Offshore news

Neptune will pay a US$5 million termination fee to Energean Oil and Gas.

Following the implementing of production restriction measures on the Norwegian continental shelf, the company’s updated company's production guidance for the full year 2020 will be targeting 157 000 boe/d.

The scope of the contract includes the design of two offshore riser platforms.

The three surveys will cover approximately 10 000 km2 offshore Labrador and Newfoundland, Canada.

Qatar Petroleum has entered into a farm-in agreement with Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano Basin.

Petrobras has started well testing of the Forno area in the Albacora field, located in the Campos Basin pre-salt.

The survey will be carried out in the Forties field by the Amazon Warrior.

Well 35/10-6, in production licence 827 S, has been permanently plugged and abandoned.

Aquaterra Energy will design a new single well conductor supported platform for DeNovo Energy, to be located in the Zandolie field.

Under the company’s Fast4Ward programme the total number of hulls ordered to date stands at five, with three allocated to projects.