Offshore news

The suspension of operations is due to longstanding delays in the bare-boat charter payments due to Bumi Armada, as well as irregular payments on the operations and maintenance contract.

Under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO).

Statoil’s plans for the development and operation of Njord and Bauge have now been approved by authorities.

John Crane Asset Management Solutions has secured a three year contract to provide condition-based maintenance services in the North Sea.

DNV GL has won a major contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra Field, offshore Denmark.

Apache North Sea has awarded Expro a US$10million well services contract extension.

A southern North Sea operator has awarded Claxton a combined services contract to riglessly casing cut and recover a total of seven wells.

Rosneft is performing the drilling of the northernmost exploratory well on the Eastern Arctic shelf following a comprehensive geological study.

Well 7325/4-1 is in the Hoop area in the Barents Sea, around 275 km from Nordkapp and 200 km from Bjørnøya (Bear Island).

Sparrows Group and INNOVO have deployed a new electric drive 700 Te multi-reel drive system for the first time. Sparrows was hired by a global energy services provider to deliver the system and personnel for an umbilical laying operation off the coast of Trinidad.