Offshore news

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.

Arundo Analytics have announced a partnership with integrated global provider of subsea services Acteon Group, to deliver machine learning models for subsea applications on the Arundo Enterprise platform.

Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate purchase price of US$339 million.

Ocean Installer has been awarded a contract by Petronas, the Malaysian oil and gas company, to assist in decommissioning the Chinguetti field off the coast of Mauritania in West Africa.

The Petroleum Safety Authority have given Lundin consent to drill appraisal well 7220/11-5 S in production licence 609 in the Barents Sea.

The Petroleum Safety Authority Norway have given Aker BP consent for exploration drilling of well 7221/12-1 in the Barents Sea.

DOF Subsea has been awarded various contracts in the Atlantic region, securing utilisation for vessels and personnel in the Subsea/IMR Projects segment.

The provider of controlled flow excavation (CFE) services recently completed its largest integrated services project in the Middle East.