Offshore news

The transaction includes the undeveloped Cambo and Rosebank fields in the UK North Sea.

A Wood Mackenzie report examines the levers the North Sea can pull to increase production and argues indigenous oil and gas still has a major role to play.

Equinor and partner Cenovus Energy have not yet made a final investment decision on whether to build the Bay du Nord offshore project.

The agreement, the first well services contract between the companies, includes well integrity remediation services and SCP mitigation.

TGS has announced a new 3D seismic survey in partnership with Schlumberger.

SBM Offshore will construct, install and then lease and operate the ONE GUYANA FPSO for a period of up to 2 years.

The company’s fourth, and largest, project in the Stabroek Block offshore Guyana is expected to produce approximately 250 000 bpd starting in 2025.

Oil Plus will develop and deliver a proactive topsides maintenance resilience and equipment reliability programme for the unnamed operator.

Operating from three vessels, a Fugro team of survey specialists will perform a range of in-depth geotechnical and geophysical assessments, as well as establishing environmental baseline data.

The project applies a modern comprehensive broadband processing workflow to 3363 km2 of 3D data to better understand the hydrocarbon prospectivity of the Tarakan Basin.