Offshore news

The Norwegian Petroleum Directorate has approved operator Equinor’s application for extended technical lifetime for the Åsgard A facility in the Norwegian Sea until 2027.

Jadestone Energy Inc. is pleased to provide an update on production and hedging for the Montara asset, located offshore Australia (Jadestone 100%).

The company’s wholly-owned subsidiary Lundin Norway AS has entered into an agreement with Lime Petroleum AS to acquire its entire Utsira High acreage position covering the Rolvsnes and Goddo basement area.

Subsea oil and gas engineering firm, Interventek, will unveil the development of the industry’s first subsea shear-and-seal safety valve powered by an integrated gas accumulator at next week’s Subsea Expo show in Aberdeen, UK.

Jon Clark, EMEIA Leader for Oil & Gas Transaction Advisory Services at EY, comments on the recently published report by the National Audit Office identifying UK taxpayers’ potential exposure to £24 billion of North Sea decommissioning costs.

Total E&P Denmark A/S has awarded IKM Testing a comprehensive contract on the Danish Continental Shelf.

The upgrade of the vessel involves the installation of shore power connection, combined with a new battery solution for energy storage on board.

The company has announced that it has entered into a collaboration agreement with Marnavi Offshore.

As part of the agreement, Unique Group will design, manufacture and deliver Classed Air and Saturation Dive systems for integration on POSH’s vessels.

Total’s Egina field, located 150 km (93 mi) off Port Harcourt, kicked into production just as 2018 was winding to a close.