Offshore news

The contract is valid for three years, with two additional one-year options (3+1+1).

INA will become the 100% owner and the sole operator of the Northern Adriatic and Marica fields after all conditions are fulfilled.

In the 24th licensing round, the Norwegian Ministry of Petroleum and Energy has offered DEA two new licences in the Barents Sea.

Tap Oil Limited (Tap Oil or the Company) provides the following update on drilling activities at the Manora Oil Field in the G1/48 concession, located in the Gulf of Thailand (Tap Oil 30% interest). Mubadala Petroleum (Thailand) Ltd is the operator of the G1/48 concession.

From 23 to 27 April 2018, the Petroleum Safety Authority Norway carried out an audit of integrity and barrier management for flexible risers and systems for pressure safety/emergency shutdown at Snorre A.

JDR Cable Systems (JDR), the leading supplier of subsea umbilicals and power cables to the offshore energy industry owned by the TFKable Group, has been selected by Jan De Nul Group to manufacture and supply inter-array, export and land cables for Taiwan’s Formosa 1 development. 

Diamond Offshore Drilling have extended the exclusive license for Trelleborg’s offshore operation to this patented technology until 2029.

Graham Mackrell, managing director of Harmonic Drive UK, looks at the technological challenges and how high precision gearing is being increasingly used to drill deeper.

As part of the agreement, Equinor will provide industry knowledge and business needs to support Microsoft in developing new solutions for the industry.

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has been awarded three exploration licences in the 24th licensing round in Norway. All of the licences are located in the southern Barents Sea with one of the licences operated by Lundin Norway.