Offshore news

The Angolan government has introduced a series of reforms to the upstream sector over the past year, however the rebound of the deepwater sector in Africa’s second largest oil producer still needs time, according to GlobalData.

The company has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well.

Under the terms of the agreement, i-Tech Services will provide a Life of Field support vessel complete with work class and observation class ROVs, capable of performing inspection, survey, intervention, light subsea construction and emergency response services.

This award is a continuation to the FEED (front end engineering design) contract awarded in April 2018.

The drilling programme includes the development of the Luno II field and the Rolvsnes discovery in the Norwegian North Sea, with contract commencement expected in Q2 2020.

The company has announced the award of a substantial contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services covering BP’s North Sea region portfolio of assets.

The duration of the contract is now firm until 2023, plus 2 yearly options thereafter.

Offshore operator, Naviera Tramarsa, has extended its underwater robotic vehicle fleet with a new Cougar XT from Saab Seaeye to enter operations in May 2019.

The company has announced the decision of the Board of Inquiry to grant Marine Consent and now looks forward to the execution of the Tui Development Drilling Project.

The Angelin development is the third major project to begin production for BP globally in 2019.