Offshore news

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.

The Cougar XT electric underwater robotic vehicle will boost RusselSmith's subsea operations in Africa.

The company has acquired a 9.57% stake in the supergiant Azeri-Chirag-Gunashli oilfield.

The change applies to all deepwater production sharing contracts, regardless of vintage.

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.

The discovery was the first well drilled in Kosmos’ infrastructure-led exploration (ILX) in offshore Equatorial Guinea.

The contract scopes will see the company providing two North Sea operators with the intelligence they need to make decisions about the removal of items from the seabed, reduce ad-hoc engineering and minimise time spent offshore.

The survey at block 11B-12B will be Shearwater’s first project offshore South Africa.

Project to deliver the industry’s longest deepwater tieback using a subsea multiphase compression system.