Offshore news

Vår Energi has reached an agreement with Petrolia NOCO (Petrolia) to sell its 12.25% stake in the Brage field on the Norwegian Continental Shelf.

Turan Drilling & Engineering, a KCA Deutag and SOCAR AQS Company, has secured a contract extension, with a value of US$300 million, for the provision of offshore drilling operations and maintenance services in Azerbaijan.

The bureau of ocean energy management (BOEM) will publish its updated final notice of sale (FNOS) for Gulf of Mexico Oil and gas lease sale 261 in the Federal Register.

QatarEnergy has been awarded a new exploration block offshore the Arab Republic of Egypt as part of the 2022 EGAS International bid round.

Expro has announced it has completed its previously announced acquisition of offshore services provider PRT Offshore.

Petrofac has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations worth more than US$100 million.

The company has announced that drilling has commenced on the Ofelia appraisal well in the Norwegian sector of the North Sea.

Aker BP has awarded Multiconsult Norge AS a contract for civil engineering, consultancy and supervision services in the Yggdrasil power from shore project.

McDermott has been awarded a transportation and installation contract by PRIO for the Wahoo field, offshore Brazil.

Equinor and Ithaca Energy have taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS), investing US$3.8 billion.