Offshore news

The company has completed construction of the seventh well at production platform number two of Vladimir Filanovsky field.

The company announced it has signed a Joint Venture agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market in Saudi Arabia.

The Alliance Agreement between Neptune and TechnipFMC has been signed for an initial five-year term with options for further extensions.

The company has been appointed Well Operator by Tullow Oil for the next phase of its Thames Decommissioning Project, following the award of a contract worth around US$16 million.

The project is part of the ADNOC strategic development programme to increase the NASR field’s capacity to 65 000 bpd.

Eight months after its sister ship, Kaombo Norte, came on stream, Kaombo Sul will add 115 000 bpd and bring the overall production capacity to 230 000 bpd.

When it comes to benefiting from the latest robotic technologies, it makes sense to engineer and install whatever is needed to do so at the construction stage, rather than during operations.

A concept study and Front End Engineering Design (FEED) project carried out by Xodus Group has determined that a North Sea operator will save up to £59 million by adopting a Not Normally Attended (NNA) status ahead of decommissioning the field.

The company has secured contracts in West Africa and the Gulf of Mexico.

The company has entered into an agreement with Mime Petroleum AS to divest 10% ownership interests in a total of six licenses across the Balder and Ringhorne fields on the NCS.