Offshore news

The scope of work for fabrication of the SPS includes: project management; fabrication engineering; procurement; pre-assembly; fabrication; acceptance tests; and system-integration tests.

The licence and assurance will allow certain US and US-owned or controlled entities and also non-US entities to continue providing goods, services and support to Rhum beyond 31 October 2019; when the current licence expires.

Talos plan to use Trendsetter’s TC7 clamp connectors and ancillary equipment on the Bulleit development located in the Gulf of Mexico’s Green Canyon 21 block.

Aker BP has reported total income of US$723 (785) million and operating profit of US$196 (354) million for 3Q19.

The company has collected beam migrated data from the shallow-water shelf blocks of the Kwanza Basin.

The contract covers the delivery and installation of subsea equipment.

The global subsea umbilicals, risers and flowline market is forecast to be worth more than £5 billion by 2021.

Under the agreement, Shell will reduce its stake in the discovery from 80% to 50% and continue as operator, while Total will retain the remaining 20%.

Shell Egypt is selling the onshore assets to focus on expanding its offshore gas exploration in the country.

The first cargo of oil from the field is expected to leave for customers in Asia this week, and contain 1 million bbl with a market value of approximately US$60 million.