Upstream news

The company has announced the award of a sizeable SURF (subsea umbilicals, risers and flowlines) contract by BP for the Manuel project in the US Gulf of Mexico.

Oranje-Nassau Energie B.V. and SHV Holdings have announced that an agreement has been reached on the merger of their upstream energy businesses, in a combined entity called ONE-Dyas.

Saipem and Petrobel have negotiated an offshore contract addendum worth more than US$1.2 billion for EPCI activities in relation to the ‘Ramp Up to Plateau’ phase of the Zohr Field Development Project.

The main objective of the well was to test the reservoir properties and hydrocarbon potential of the Jurassic and Permian formations in the frontier Froan Basin.

The company is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO life extension has now been signed.

The three-year contract, which comes with the option of a two-year extension, will include skip and ship and solids control to manage and process drill cuttings.

Oceaneering will retain its existing contract on one of Petrofac’s Duty Holder assets, while expanding its service scope to include two additional North Sea facilities.

The company’s Brazilian entity, SC Caprock, has secured a new multi-year contract extension to provide high-throughput satellite communications onboard an FPSO offshore near Rio de Janeiro.

The company has appointed Phil Cooper as its corporate development director to support the continued growth of the company.

Fully assembled and tested, the topside for the Johan Sverdrup processing platform is leaving the Samsung Heavy Industries yard on time, below budget and with no serious incidents.