Offshore news

EIP will formally launch at an industry event in Scotland today.

Equinor, ENI and Petoro have completed an appraisal well on the Cape Vulture discovery, and found a volume potential of 50 – 70 million recoverable barrels of oil.

A raft of new technical good practice guidelines for the offshore oil and gas sector have today been published, coinciding with two Energy Institute flagship events.

The company has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS).

Cia Brasileira de Offshore has contracted PG Flow Solutions to supply liquid mud agitators for two of the shipowner’s offshore supply vessels.

Revenue was up on 2016 by 23% at £278 million, with profit of £0.8 million, down £0.2 million on 2016.

Wellhead fatigue mitigation system now available for improving safety and fatigue life offshore Norway.

The contract is extended through October 2021 and includes a blend and extend modification to the previous contract dayrate, effective September 2018.

BV Solutions M&O has been launched to provide technical advisory, asset management and assurance services to the marine and offshore sectors.

The company has strengthened its underwater inspection and maintenance capability with the provision of new mini ROVs for performing subsea operations in challenging environments.