Offshore news

China National Offshore Oil Corp (CNOOC) has announced that it has signed Strategic Cooperation Agreements with 9 companies, including Chevron, ConocoPhilips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation and Total.

The Petroleum Safety Authority has given the company consent for exploration drilling of well 7132/2-2 in production licence 857.

The company has provided an update relating to the Puesto Flores Concession in Rio Negro Province.

The company has provided an update in relation to its TLP-103C well at the Tilapia licence.

According to the agreements, the Strategic Cooperation Areas are located in the Pearl River Mouth Basin offshore China.

LUKOIL Marine Lubricants have successfully taken home two awards which recognise their continual development and contributions within the marine industry.

An expected US$210 billion will be spent on offshore oilfield services globally next year, according to Rystad Energy’s latest project sanctioning report.

The FEED work involves undertaking activities required to finalise the costs and technical definition for the proposed development to enable a final investment decision, targeted for mid-2019.

The company has announced the award of a contract by Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb Project, located approximately 140 miles east of Aberdeen.

BP Trinidad and Tobago has announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and Matapal.