Offshore news

The seismic acquisition over Otakikpo is expected to commence in Q1 2018 to kick-off phase two development of Otakikpo. All relevant permits are currently being pursued prior to commencing mobilisation.

Polarcus has extended the agreement with TGS for an additional year.

The contract, which was signed December 2017, is expected to commence in February 2018 and covers development drilling on the Jubilee and TEN fields offshore Ghana.

The move is a response to increasing demands for ship-to-ship transfers to support Brazil’s soaring oil exports.

Trelleborg is the first company to win the Oil and Gas Engineering Product of the Year Gold Award for its newly developed Standardized Buoyancy Module.

The collaboration between the two companies saw them identify and map oil seepage off the coast of California.

The project will comprise acquisition of a 10 000 km 2D long-offset broadband multiclient seismic survey. Advanced new acquisition and imaging techniques will provide better illumination of complex subsalt structures.

The Snorre Expansion contract covers the delivery of subsea production systems and includes 6 subsea templates and subsea production equipment.

Beryl, an already discovered but undeveloped gas field, lies in the shallower zone in the same location as the underlying Helang Gas Field (“Helang”) and Layang Oil and Gas Field (“Layang”) in Block SK10, Offshore Sarawak.

SBM Offshore has announced that on December 19, 2017 it completed the project financing of FPSO Liza for a total of US$720 million.