Offshore news

The move follows a recent contract win and the acquisition of the company's first asset.

The two companies also signed an MoU on the concept development for the Hades/Iris discovery in the Norwegian Sea.

“The valuation implies that a combined divestment of the entire portfolio would put the transaction at the very top of pure Norwegian transactions since the SDFI spin off in 2001,” Simon Sjøthun, Rystad Energy partner, said.

The Umm Lulu Gas Treatment Platform - weighing 32 000 t and measuring 77.7 m x 83.5 m - is one of five platforms manufactured by NPCC at its 1.3 million m2 fabrication yard in Abu Dhabi.

The repair was undertaken for an FPSO operator on a project in Angola.

Equinor has signed three-year contracts with Tendeka AS and Baker Hughes Norge AS for providing sand screen services at a total value of around NOK one billion, including options for five two-year extensions.

The tablet-based technology aims to streamline non-destructive testing and inspection management.

Daniel Rogers, Global Data, said that Norwegian production only accounts for approximately 3% of ExxonMobil's total portfolio.

Included in this year’s awards, jointly organised by OGUK and Step Change in Safety is a new category for Maritime Safety.

The offshore access provider has overseen more than 10 000 safe personnel transfers for Mobil Production Nigeria on the Jascon-55 vessel since January 2019.