Offshore news

Subsea7 S.A. has announced the award of an extension of an existing frame agreement by bp, for subsea construction, inspection, repair and maintenance services (IRM), across bp’s North Sea assets.

Europa Oil & Gas has announced that it has acquired a 42.9% equity interest in Antler Global Limited via a US$3 million cash subscription for new ordinary shares in Antler.

Shell Offshore Inc, a subsidiary of Shell plc, today announced the final investment decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico.

Harbour Energy has noted operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20%), offshore North Sumatra, Indonesia.

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.