Offshore news

The company has closed the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group for US$20 million.

The 10-year agreement, including options, allows TWMA to extend its global drilling waste management services to Equinor’s operations, allowing the company to process its drilling waste safely and sustainably.

DNO has announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest.

The companies have signed a multi-year contract to deploy Akselos' digital twin technology on the ABS-classed Atlanta FPSO in Brazil's Santos Basin.

Orcadian has entered into a non-binding Heads of Agreement (HoA) with a North Sea operator (the Operator), which details a potential farm-out of the Pilot development project.

Transocean has announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil. The contract is expected to commence in the 3Q24 and represents approximately US$486 million in firm backlog.

The Woodside-operated Shenzi North project has commenced production in the deepwater US Gulf of Mexico, with achieved production ahead of targeted first oil in 2024.

Ithaca Energy has announced that the Group has agreed, subject to regulatory approval, to acquire the remaining 30% stake in Cambo from Shell U.K. Ltd (Shell) taking Ithaca Energy’s stake in Cambo to 100%.

Mammoet’s has delivered a safe and efficient load-out and offshore installation operations for the Azeri Central East (ACE) production, drilling and quarters platform in the Caspian Sea.

First phase of new expansion to include proprietary torque tools and associated accessories to meet changing needs of the industry.