Offshore news

Aqualis Offshore has entered into a master services agreement with McDermott to provide engineering reviews and marine warranty services for the company’s offshore operations in the Asia Pacific region.

The discovery well, which is located 6 km south of the Beryl Alpha Platform, was placed on production in late November, less than eight months after being drilled in March 2018.

The Cassidy prospect sits within the PL405 Oda licence and is being drilled back-to-back with the production wells on the Oda structure.

The first exploration well on Orinduik is to be drilled in late May - early June 2019, on the Jethro-Lobe prospect.

The programme spans shallow water and deepwater wells in several regions requiring a combination of jack-ups, semi-submersibles, and drillships.

The companies have signed a binding agreement to swap interests on the Norwegian Continental Shelf.

With just 48% of floating rigs under contract presently and more scrapping needed to increase floater utilisation above 70 percent, it’s too soon to be bullish on outlook.

The spudding of the Zama-2 well marks the commencement of the Zama discovery appraisal programme, which will consist of three reservoir penetrations, including two wells and one sidetrack.

The company has announced that the contract for the Noble Tom Prosser jack-up drilling rig has been secured.

The finalists have been announced for next year’s Subsea UK awards, which recognise the companies and individuals who are leading the way in the UK’s £7.5 billion subsea sector.