Subsea ///
AFGlobal and MHWirth have entered into a distribution agreement, providing the managed pressure drilling market with a comprehensive package for deepwater rig systems.
Last week, I was in London at the Oil & Gas Council World Energy Capital Assembly (WECA), speaking on a panel about collaboration and capital efficiency in a new oil world.
Eni struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.
Neptune Energy has announced it has completed integration with the former VNG Norge business.
Total is ready to start its exploration campaign on the Guyane Maritime license, located 93.2 mi (150 km) off the French Guiana coast, in the days following the arrival of the drilling ship on site, as authorized by the prefectoral decree dated October 22, 2018.
Michele Cowart, World Oil
New products and services
Michele Cowart, World Oil
Companies in the news
Rovco, has been awarded further funding to develop the next stage of its integrated live 3D vision and artificial intelligence (AI) survey technology.
Well 35/11-22 S will be drilled from the Deepsea Bergen drilling facility in position 61°5'2.27"N and 3°20'56.92"E after completing the drilling of wildcat well 6407/11-1 for Equinor Energy AS in production license 751.
Subsea tieback solution to Gjøa platform proposed for Norwegian North Sea oil and gas development.
The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 MMbbl.
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce it has signed a binding agreement with Equinor Energy AS (a wholly owned subsidiary of Equinor ASA) (“Equinor”) to swap its interests in the Njord, Hyme redevelopment and Bauge development assets (the “Divested Assets”) in return for interests in four production assets on the Norwegian Continental Shelf: Alve, Marulk, Ringhorne East and Vilje (together the “Acquired Assets”) on a cashless basis (the “Transaction”).
Equinor and Faroe Petroleum have agreed on a number of transactions in the Norwegian Sea and the North Sea region of the Norwegian Continental Shelf (NCS).
Subsea Innovation Ltd, part of Tekmar Group plc, has announced two high profile contract wins with Royal IHC, as part of a collaborative framework agreement.
Following the signing of a long-term vessel charter agreement in the Asia Pacific region earlier this year, i-Tech Services’ MMA Pinnacle has secured its first inspection, repair and maintenance (IRM) contract with an integrated oil and gas services company, based in Malaysia.
Baker Hughes, a GE company has announced the launch of its new approach to subsea development: Subsea Connect, including its Aptara TOTEX-lite subsea system.
C-Kore Systems have successfully completed a contract with Norske Shell, where their C-Kore subsea testing tools were used to assist with fault-finding in the Draugen field offshore Norway.
When Petrofac was appointed as well operator and main contractor for the latest phase of the Thames decommissioning project, the pressure was on to relive the success it delivered in 2016 for Tullow Oil.
McDermott International, Inc. has announced a sizeable contract from Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell plc, for new subsea umbilical and flowline installation at the Great White Frio development in Alaminos Canyon Block 857 in the U.S. Gulf of Mexico.
Hydraulic subsea tools specialist, Webtool, is developing a Fast Intervention Tool for subsea pipeline decommissioning in conjunction with Chevron Energy Technology Company.