Offshore news

Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling well 7220/11-5 on the Alta discovery in PL609 in the southern Barents Sea. Following drilling, the well will be used for extended well testing.

Noting a significant upturn in marine activity supporting the UKCS oil and gas sector, Aberdeen-based Seacroft Marine Consultants Limited has reported more than £500,000 in new contracts won in the first 3 months of 2018.

Sapura Energy Berhad has announced that its wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. and its partners, PETRONAS Carigali Sdn Bhd and Sarawak Shell Berhad, have taken Final Investment Decision (FID) to develop the Gorek, Larak and Bakong fields as phase 1 in the SK408 Production Sharing Contract.

Subsea 7 S.A. announced the award of a sizeable contract by BP, for the provision of EPCI flowline supply and subsea installation services for the Alligin subsea development project, located approximately 140 km west of the Shetland Islands.

TGS announces an expansion of its Atlantic Margin multi-client programme in the Norwegian Sea.

McDermott International, Inc. has announced that it has completed the first phase of the deep-water Atlanta Early Production System (EPS), located approximately 115 miles (185 km) offshore southeast of Rio de Janeiro.

Trelleborg’s offshore operation has signed a strategic supply and license agreement with Reel Power Oil and Gas to collaboratively develop and market a new Vortex Induced Vibration (VIV) suppression system.

Orrick advised Statoil on its acquisition with Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico.

Petro Rio S.A. has initiated the second phase of its revitalisation plan for the Polvo Field.

BP has committed to two new North Sea developments which are expected to produce 30 000 boepd at peak production.