Offshore news

The company has signed an agreement to dispose of the FSO Belokamenka for recycling in compliance with the Hong Kong Convention.

The integrated business, 'Neptune Energy Norge', will be amongst the top five independent producers on the Norwegian Continental Shelf and will become the operator of the Fenja field development project in the Norwegian Sea.

Leading ROV and hydrographic survey company, Rovco, has been awarded further funding to develop the next stage of its integrated live 3D vision and artificial intelligence (AI) survey technology.

The Ministry of Petroleum and Energy has approved the plan for development and operation of the Troll Phase 3 development.

The company and its licence partners have submitted the report to the Ministry of Petroleum and Energy, with a final investment decision due early in 2019.

The Paus Biru-1 exploration well has resulted in a gas discovery.

The Topaz Driller is a Baker Marine Pacific Class 375 jack-up, which was recently mobilised to Cameroon by NewAge as operator for the Etinde license for two appraisal wells and is currently employed in Gabon.

Since May 2017, HydraWell has contributed towards plugging 10 shut-in wells on the original drilling platform (DP) at the Valhall field centre.

The operator was able to begin subsequent retrieval operations ahead of schedule.

The company has announced the initial results of its testing of the Ubima-1 well after a dual completion was installed on the E1000/E2000 and F7000 reservoirs.