Offshore news

The agreement between Güralp and Sonardyne was announced at the European Association of Geoscientists and Engineers conference in London, UK, yesterday.

The licences are situated in the Moray Firth and East Shetland Platform.

Engineers undertook the DG1 and DG3 24 000 and DG4 36 000 running hours service on the generator engines on-board the 113 m long vessel at A&P Tyne’s facilities in the North East of England.

PGNiG Upstream Norway holds an 11.92% interest in the Ærfugl project in the Norwegian Sea. The operator is Aker BP, while the other partners are Equinor Energy and Wintershall DEA.

A final investment decision is planned to be taken by May 2022.

2H’s new office is in La Défense, a major business district in Paris.

Rystad Energy forecasts that 2019 production will average 1.95 million bpd, with some months potentially touching the 2 million bpd ceiling.

Kevin Swann, senior research analyst, North Sea upstream at Wood Mackenzie, said: “The deal continues the UK trend of smaller companies taking on assets from the majors."

Through a farm-in agreement, signed with ExxonMobil Moçambique Exploration & Production Limitada (ExxonMobil) and authorised by Mozambican institutions, Eni has acquired a 10% stake in the three blocks. The blocks are located in the deep waters of Angoche and Zambezi Basins.

The partnerships are with drilling and FPSO operators with worldwide assets.