Offshore news
LOC awarded marine assurance and inspection contract with BP Egypt
LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt.
Petrobras, CNOOC and CNODC acquire stakes in Brazil's biggest oil auction
Petrobras and Chinese state firms CNOOC and CNODC made the only bids out of over a dozen major oil firms who had registered. Two of four blocks on offer got no bids.
OKEA plugs and abandons Draugen field appraisal well
The well targeted an extension of the Upper Jurassic Rogn Formation sandstone which forms the main reservoir of the producing Draugen field.
Seabed Geosolutions completes OBN survey in Santos Basin
The survey started in late 2018 and covered the Buzios field, lying in approximately 2000 m water depth.
Rystad Energy: Best year for discoveries on NCS since 2014
Rystad Energy estimates the discovery to hold recoverable resources of around 70 million boe.
RusselSmith to deploy Saab Seaeye electric ROV for subsea operations
The Cougar XT electric underwater robotic vehicle will boost RusselSmith's subsea operations in Africa.
MOL to purchase stake in Azeri-Chirag-Gunashli oilfield
The company has acquired a 9.57% stake in the supergiant Azeri-Chirag-Gunashli oilfield.
Wood Mackenzie comments on Nigeria's raising of deepwater royalties
The change applies to all deepwater production sharing contracts, regardless of vintage.
Drilling of Tambak-1 well begins
The Tambak-1 well is located approximately 4.5 km north of the Mako South-1 location and is designed to both appraise the extent of the Mako gas field as well to test the underlying Tambak prospect.
Kosmos Strikes Oil in Offshore Rio Muni, Equatorial Guinea
The discovery was the first well drilled in Kosmos’ infrastructure-led exploration (ILX) in offshore Equatorial Guinea.