Offshore news

Capricorn has entered into an agreement for the full settlement of the payment terms of its sale and purchase agreement with Waldorf Production UK PLC relating to the disposal of its previously held interests in the Catcher and Kraken fields.

TotalEnergies and its partners, QatarEnergy and Petronas, have signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname (Staatsolie), the state-owned oil company of Suriname.

Jadestone Energy has announced that the final well in the Company’s 2023 East Belumut field drilling campaign offshore Peninsular Malaysia has now been completed.

The company has secured a well management contract with Apus Energia Guinea-Bissau S.A. for a deepwater exploration well in the Sinapa license offshore Guinea-Bissau, with drilling set to commence in the summer of 2024.

PETRONAS and its petroleum arrangement contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion boe of new resources for Malaysia in 2023.

International subsea equipment rental and solutions company Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of ACE Winches.

McDermott has received a limited notice to proceed for an EPCI contract from Shell Trinidad and Tobago Limited for the Manatee gas field development project, located off the east coast of Trinidad and Tobago.

Hughes Subsea, an OEG Group company, secured a contract to deliver daughter-craft diving services for the Anasuria FPSO, positioned 175 km east of Aberdeen.

Saipem has been awarded two offshore contracts, one in Guyana and the other in Brazil, worth approximately US$1.9 billion.

Energy and marine consultancy ABL has opened an office at Batam in Indonesia to support the significant offshore and maritime operations that take place on an off the island.