Offshore news

Wison Offshore Technology, Inc. (WOT) has recently finalised the acquisition of all interests in a technology concern incorporated in 2011 as a joint venture (JV) between Horton Wison Deepwater (HWD, predecessor to WOT) and General Marine Contractors, LLC (GMC).

The most prospective basins for new discoveries and undeveloped gas resources in Malaysia are in offshore Sarawak, which Wood Mackenzie estimates has 17 trillion ft3 of discovered and undeveloped gas that is commercially viable.

Following the completion of the transaction, Braemar will be the largest shareholder in AqualisBraemar with an initial shareholding of approximately 26%, potentially increasing to 33% depending on business performance.

CGG will perform high-end time and depth imaging of massive volumes of very high-spec data from what is believed to be the world’s largest ocean-bottom node (OBN) seismic survey to date.

The new system will involve monitoring of the turret mooring system on a new-build FLNG facility being built in South Korea for ENI’s Coral South project offshore Mozambique.

Unity’s Temporary Abandonment Cap Test Tool (TACTT) was deployed to support an end of life project located in the Southern North Sea.

The first oil production by the FPSO is planned for 2022, and the firm time charter period of the contract is 21 years.

The Jeanne d’Arc HD3D survey borders Newfoundland’s prominent producing fields such as Hibernia, Terra Nova, White Rose, North Amethyst and Hebron.

The combined gross resources of Jorvik and Tellus East are estimated to be between 4 and 37 million boe.

The 10% interest in the BM-S8-block in Brazil's Santos basin has been acquired by Equinor from Barra Energia for US$379 million.