Offshore news
Valaris receives notice of drilling contract termination
The company is in discussions with Total regarding the notice.
EM&I installs diverless anti-corrosion system on FPSO
The HullGuard system involves installing a tubular ‘periscope type’ anode with an integral dielectric shield, through an ODIN® type class approved access port fitted to the inside of the ship’s hull.
Cairn Energy announces cuts in 2020 CAPEX
Planned 2020 CAPEX on the company's UK producing assets is expected to be below US$45 million, reduced from the original forecast of US$65 million.
International Maritime Industries completes rig revamp
The ARO-2003 (SAR201) jack-up rig has been repaired and overhauled for ARO Drilling.
Framo launches tailor-made oil skimmer
The Framo TransRec system is designed to handle any oil spill, whether it occurs in the process of oil production or as the result of a vessel-related incident.
Fugro, SEA KIT International to develop uncrewed surface vessels for asset inspection
The first uncrewed surface vessels (USVs) will be launched before the end of this year, and a larger USV model is being designed for delivery in 2021.
CNOOC announces 2020 CAPEX cuts
The company, which had planned to lift capital spending to US$13.37 billion this year, is still discussing the scale of the cuts.
Vaalco Energy's South East Etame 4H well begins production
The well was brought onto production on 21 March 2020 at an initial flow rate of approximately 2200 gross bpd.
Searcher Seismic to assist with Timor-Leste offshore licensing round
Searcher, in collaboration with Discover Geoscience, is offering an open-file seismic package to assist in the evaluation of the country’s second petroleum licensing round.
Sangomar project partners deliberating timing
Woodside, Cairn Energy Plc, FAR Ltd and the Senegal government just began development of the offshore oil project, following final investment decisions in January.