Upstream news

The company is seeking to commence drilling operations in the Tilapia oilfield during April 2020.

The overall site, which is being developed by Saudi Aramco, is expected to be the largest maritime industries complex in the Kingdom and the Middle East region in terms of production, capacity and scale.

The contracts are for the fabrication of some units of topside modules for a FPSO vessel, pipe racks and skids.

The company has completed consecutive as-built and post-construction, anchor-debris-clearance surveys using remotely operated vehicles (ROV) for McDermott International.

The company generated a net loss of US$36 million in 4Q19.

Azinam will become the operator and 50% licence holder in Block 2B offshore South Africa, which contains the A-J1 oil discovery.

The field development plan for the Nam Du and U Minh gas fields, offshore southwest Vietnam, is in the final stages of the formal Vietnamese Government approval process.

The centre will train drilling and well control personnel in the onshore and offshore oil and gas industry, with the aim of boosting competence and safety.

Renato Barbedo will work with operators across the continent to deploy Tendeka’s broad range of products and technologies.

Equinor has concluded that the project’s potential is not commercially competitive.