Upstream news

The four-year agreement with Petrobras represents the largest fishing contract ever signed by Weatherford.

The four blocks in the Central North Sea cover an area of approximately 500 km2, and include the Zeta prospect, which United estimates could contain over 90 million bbl of in-place oil.

The company has upgraded its full year oil production guidance to 21 000 – 23 000 bpd from 19 000 – 22 000 bpd.

The contract is for Marjan Increment Projects - Package 2, offshore Saudi Arabia.

The marine acquisition surveys will be carried out by the Amazon Conqueror, starting in 3Q19.

Rob Gill will focus on expanding the modular Sea Swift platform’s presence across West Africa, South East Asia and Latin America.

The semi-submersible crane vessel Sleipnir installed the topsides for Noble Energy’s Leviathan development in the Mediterranean.

Adam Johnson, director of Leeds-based Tudor International Freight, has said the UK oil and gas industry should continue its preparations for a no-deal Brexit, despite Parliament's recent passing of legislation designed to avert such an outcome.

The split will create DeepOcean Subsea Cables and a new division with a standalone brand for the company's seabed intervention and trenching business.

Solo will divest its interest in Burj Petroleum Africa, a company which had applied for various undeveloped fields in the 2014 Nigerian Marginal Fields Bid Round, for a nominal consideration of £1 to Burj Petroleum Corp., an existing shareholder.