Offshore news

Entries are open to all UK-registered companies within the oil and gas and renewables sectors.

The equipment and service provided by Baker Hughes will support Apache North Sea’s exploration and development activities in the North Sea for the next three years.

Petrobras and CNODC offered the the minimum allowed profit oil of 29.96% for rights to explore and produce oil at the Aram block in Brazil's Santos Basin.

SBM Offshore will perform FEED work for a FPSO for the Payara development project located in the Stabroek block in Guyana.

Innovo’s Innodrive 700T electrical Reel Drive System and a Sparrows tensioner were integrated with under-deck carousel.

LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt.

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.

The well targeted an extension of the Upper Jurassic Rogn Formation sandstone which forms the main reservoir of the producing Draugen field.

The survey started in late 2018 and covered the Buzios field, lying in approximately 2000 m water depth.

Rystad Energy estimates the discovery to hold recoverable resources of around 70 million boe.