Offshore news

Both contracts are now firm until the end of December 2020 and will commence in direct continuation of the current contracts.

The one-month survey will cover parts of block A5 offshore Gambia in the rapidly emerging and prolific Mauritania, Senegal, Gambia, Guinea-Bissau, Conakry (MSGBC) Basin.

Royston has completed the overhaul of a critical power system onboard another Bluewater Services operated floating production storage and offloading (FPSO) vessel.

In a two-year deal valued in the region of US$50 million, Petrofac will integrate the services of its Operations, Projects and Well Engineering service lines.

Wintershall Dea Norge AS, operator of production licence 894, is in the process of concluding the drilling of wildcat well 6604/6-1 in the Norwegian Sea, according to the Norwegian Petroleum Directorate.

The company has said it achieved an estimated 2019 total CAPEX of US$300 million and OPEX (ex-lease costs) of US$11/boe, both below original guidance.

The assets to be sold by BP include its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field.

The discovery was made at the Maka Central-1 well drilled offshore Suriname on Block 58.

Drilling in block 6507/8 is scheduled to begin in mid-January 2020, and is estimated to last for 67 days.

Vessel utilisation for 4Q19 was 80% compared with 32% for 4Q18. For the full year 2019, the vessel utilisation was 59%, whereas the utilisation for the full year 2018 was 33%.