Offshore news

Perenco UK and Carbon Catalyst Limited have announced the award of two carbon storage licences by the North Sea Transition Authority (NSTA) to progress the Orion carbon storage project in the Southern North Sea sector of the UK Continental Shelf.

SFL has announced that it has signed a drilling contract in Canada with a value of approximately US$100 million.

Archer has secured a US$165 million Repsol Sinopec contract for P&A decommissioning in the Fulmar field and the Halley field.

Solstad has been awarded a pair of vessel contracts offshore Brazil worth US$100 million.

The company has been awarded a new contract by Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project.

Saipem has been awarded two new contracts, the first by Eni Congo and the other by BP, for a total value of around US$700 million.

The partners in the Brasse license have agreed a fast-track development concept for the oil and gas discovery, paving the way for detailed design studies to link up with the Brage field. A final investment decision is expected in 2024.

Miros has secured several ‘as a service’ contracts across the global offshore vessel markt with WaveSystem supporting the offshore work.

Longboat Energy has announced the commencement of drilling operations on the Velocette (PL1016) exploration well in Norway.

Abu Dhabi National Oil Company (ADNOC), the State Oil Company of Azerbaijan (SOCAR) and TotalEnergies have announced a strategic transaction that will see ADNOC acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea.