Offshore news
OKEA provides production update
OKEA has announced that its assets produced a total of 19 099 boe/d in 1Q20, compared to 19 498 boe/d in 1Q19.
Fugro awarded ROV and survey support contract
Fugro will support Global Marine Group with the upgrading of the Normand Clipper.
Yinson and Sumitomo agree partnership for Brazil FPSO project
Under the agreement, Sumitomo will have a 25% stake in the FPSO Anna Nery project, which was awarded to Yinson by Petrobras in October 2019.
Corallian, Upland Resources and Baron Oil sign work sharing agreement for Moray Firth licence
The agreement has been signed with an unnamed European E&P company for licence P2478 in the Inner Moray Firth, UK.
Neptune Energy begins drilling in Fenja field
Fenja is Neptune’s first operated development project on the Norwegian Shelf and is estimated to contain 97 million boe.
EM&I develop diverless robotic techniques to minimise POB
The current Covid-19 virus crisis has accelerated the need to reduce personnel on board (POB) on floating assets to a minimum.
Diamond Offshore begins Chapter 11 proceedings
Diamond intends to use the proceedings to restructure and strengthen its balance sheet and achieve a more sustainable debt profile.
Petrobras agrees FPSO extension with BW Offshore
Petrobras has extended its lease of the BW Cidade de São Vicente FPSO by 48 days.
OGUK calls for urgent action to preserve jobs and energy security
OGUK has warned that up to 30 000 jobs could be lost in the sector as it called for the transition to net zero to be put at the heart of recovery plans.
ADNOC and ADPower launch joint tender for subsea power transmission network
The subsea transmission system, expected to begin commercial operation in 2025, will connect ADNOC’s offshore production facilities to ADPower’s onshore electricity grid.