Offshore news

The Ehecatl-1 exploration well on Block 7, located in the Sureste Basin offshore Mexico, did not find reservoired hydrocarbons.

The contracts are for operations outside the North Sea with undisclosed clients.

The project's crew is now demobilising to the North Sea for work in late 2Q20.

The plug and abandonment programme on the Rubie and Renee fields in the North Sea has been delayed until 25 May 2020.

A joint venture, including PTTEP, Petronas, Repsol and Wintershall Dea, made the discoveries in the Salina Basin.

IOG has received the approval for its Core gas project in the North Sea.

Kazakhstan has pledged to cut its output by 390 000 bpd in May and June.

The two jack-up drilling rigs sold are the Dhabi II and the Paragon B152.

Valaris has reported a net loss of US$3.01 billion for 1Q20 compared to a net loss of US$216 million in 4Q19.

The hybrid jack-up rig Maersk Intrepid will drill three wells and plug one in the Martin Linge field offshore Norway.