Oil & gas news

AKOFS, a company owned by Akastor ASA, was recently awarded a five year light well intervention (LWI) services contract on the Norwegian continental shelf with Equinor.

Deutsche Erdoel Mexico, the subsidiary of the German E&P company DEA Deutsche Erdoel AG, and its partners have signed the contracts for the offshore blocks 16, 17 and 30.

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for wells 6608/10-18, 6608/10-18 A and 6608/10-18 B, cf. Section 15 of the Resource Management Regulations.

Central Petroleum Limited announces that drilling continues without incident and is currently at 2274 m MD, with another 700 m to go. Logs will be run from 2360 m MD to evaluate completion options in the Lower Stairway 2.

Serica Energy plc has announced the submission of a Field Development Plan (FDP) for the Columbus Development.

Subsea 7 has announced the award of a substantial contract by Total E&P Angola for the engineering, procurement, installation and commissioning of the subsea flowlines and umbilicals for the Zinia Phase 2 project, 150 km offshore Angola in water depths from 800 to 1000 m. 

The McDermott-led consortium took part in a FEED competition in 2017. The successful execution of the FEED followed by the EPCIC tender led to the award of this project.

Canada, China and Nigeria will also be significant spenders on planned pipelines by 2022, considerably expanding their pipeline network.

The integrated engineering services specialist will provide crane maintenance and crane management to three North Sea platforms on behalf of the new client.

Conglomerates and domestic independents among most active resource acquirers in region.