Offshore news

The UK offshore oil and gas industry has delivered stable environmental performance whilst the sector has increased production levels, according to a flagship report published by OGUK.

The fire and gas detection systems are to be retrofitted to legacy control cabinets when the rig was first commissioned.

Total company revenue was US$3.434.2 million, while net income was US$97 million, or US$0.21 per diluted share.

The training centre in Perth, Australia, will offer a range of courses, including on managed pressure drilling, stuck pipe prevention and drilling well control.

The discovery in the main reservoir is currently estimated to contain between 5 and 25 million bbl of oil in-place. It has not yet been concluded if the discovered oil is commercial.

The exploration well, located in block 114, Song Hong Basin, offshore Vietnam, has proven the presence of gas and condensate in the Ken Bau prospect.

The two-year contract with Archer (UK) Ltd will see Munro’s Travel provide a full travel management service, including their in-house passport and visa service.

The company has reported adjusted earnings of US$3.15 billion and US$1.13 billion after tax in 2Q19.

The accreditation for Sparrows Group's US business is for Dropped Objects Risk Inspection and Program Audits.

The three-year agreement will establish VSAT and supporting 4G LTE coverage for Rever’s three offshore support vessels – the Sapphire, Topaz and Polaris – operating throughout the North Sea.