Offshore news

EnQuest PLC has announced an agreement to acquire from BP an initial 25% interest in the Magnus oil field representing c.15.9 million boe of additional net 2P reserves (gross reserves of 63.4 million boe) with net production of 4.2 Mboe/d.

Owners call for a more progressive approach to engineering information management as a new report lays bare the current state and impact of handover.

PGNiG has obtained interests in two more exploratory and production licenses in the Norwegian Sea as well its first production license in Pakistan.

Energy services company Proserv has secured contracts valued at more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi Arabia and India.

Enpro Subsea has announced a research and development grant from Scottish Enterprise which will see the firm investing £1.5 million to develop its flow assurance technology further to address emerging markets in deeper waters.

Ruhrpumpen has announced the successful commissioning of a seawater lift pump package in an FPSO vessel operated by Avant Garde Petroleum Co. Dubai.

Danos has secured a contract to perform mechanical hook-up and commissioning (HUC) support services for the Hess Stampede tension leg platform (TLP) in the Gulf of Mexico.

OneSubsea has announced that it has been awarded an engineering, procurement and construction contract by Statoil to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea.

Forum Energy Technologies’ VisualSoft product line marks the beginning of 2017 with the release of new features and capabilities within their software suite.

Global Marine Systems Limited has announced that it has been awarded the renewal of the Atlantic Cable Maintenance Agreement (ACMA). The new contract began on January 1, 2017, and runs for five years, through to December 2021.