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Offshore news

Otto Energy: SM71 platform installation complete

The Tetra Hedronderrick barge has de-mobilised off location after successfully placing the jacket and decks over the SM 71 F1 well (drilled in 2016) and securing the structure with pilings.

 
 

UK Budget commentary: North Sea Oil & Gas

Bob Ruddiman, Head of Oil and Gas at legal firm Pinsent Masons, welcomed Chancellor Philip Hammond’s Budget concessions on Transferable Tax Histories for North Sea oil and gas operators.

 

Trinity Exploration & Production: sale of West Coast assets update

Trinity has announced that it had entered into a binding sale and purchase agreement to sell its interests in the Brighton Marine and the Point Ligoure - Guapo Bay - Brighton Marine Exploration and Production Licences and related fixed assets.

 
 
 

Aker BP forms two separate drilling & well alliances

Aker BP ASA has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for Jack-Ups, and one with Odfjell Drilling and Halliburton for semisubmersibles.

 
 

Fulkrum announces major expansion in Asia-Pacific

Fulkrum Technical Resources, a global provider of technical personnel specialising in QA/QC, inspection and vendor surveillance services to the energy industry, has expanded its Asia-Pacific business with the launch of an office in Kuala Lumpur.