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Maersk Decom wins decommissioning contract for Banda and Tiof fields

Maersk Decom wins decommissioning contract for Banda and Tiof fields

Denmark-based Maersk Decom has bagged a contract from Tullow Oil for the complete plugging and abandonment of the latter’s Banda and Tiof fields offshore Mauritania. The company is a 50:50 joint venture between Maersk Drilling and Maersk Supply Service, which was created in 2018, to offer decommissioning solutions to the offshore energy industry. The Mauritanian […]

Petrobras to sell stake in Merluza and Lagosta fields of Santos Basin

Petrobras to sell stake in Merluza and Lagosta fields of Santos Basin

Petrobras has launched the sale process of its stake in the Merluza and Lagosta fields, contained in the shallow waters of the Santos Basin, Brazil. The Brazilian national oil company said that the sale of is stake in the Santo Basin fields is in line with the optimization of its portfolio and also for improving […]

United Oil and Gas wraps up acquisition of Rockhopper Egypt

United Oil and Gas wraps up acquisition of Rockhopper Egypt

United Oil and Gas has completed its previously announced $16 million acquisition of Rockhopper Egypt from Rockhopper Exploration to enter into the producing Abu Sennan block in Egypt. The deal, which was announced in July 2019, was closed after satisfying preceding conditions. Rockhopper Egypt holds a 22% non-operating stake in the onshore Abu Sennan concession. […]

Skogul oil field : Aker BP set to begin production from Norwegian oil field

Skogul oil field : Aker BP set to begin production from Norwegian oil field

Aker BP and PGNiG have secured consent from the Norwegian Petroleum Directorate (NPD) to begin production at the Skogul oil field in production licence 460 in the North Sea. The offshore Norwegian field has been developed with a subsea template tied-in to the Alvheim FPSO through the Vilje field. Discovered in 2010 following the drilling of […]

Hunting acquires subsea production technology provider Enpro Subsea

Hunting acquires subsea production technology provider Enpro Subsea

Hunting acquisition of Enpro Subsea : London based energy services provider Hunting PLC has made a $36 million worth acquisition of Enpro Subsea from members of the latter’s management team and Energy Ventures Private Equity. Founded in 2011, the Scotland based Enpro Subsea had developed subsea production technology that is used by offshore oil and […]

Whale field development : Deep Down to deliver RIV control system for FPU

Whale field development : Deep Down to deliver RIV control system for FPU

Deep Down has bagged an order from Shell Offshore for work pertaining to the Whale field development in the US Gulf of Mexico. Under the order, the Houston based oilfield services company will be responsible for the design, engineering and manufacturing of a Riser Isolation Valve control system (RIV control system) and also other subsea […]

ArcLight, Rattler Midstream form midstream JV Amarillo Rattler

ArcLight, Rattler Midstream form midstream JV Amarillo Rattler

ArcLight Fund V portfolio company Amarillo Midstream and an affiliate of Rattler Midstream have agreed to form a 50:50 joint venture (JV) called Amarillo Rattler to own and operating natural gas gathering and processing assets in the Midland Basin of the Permian Basin in the US. While ArcLight Fund V is managed by ArcLight Capital […]

Lundin Norway gets NPD permit for drilling wildcat well 7221/4-1 in PL 609

Lundin Norway gets NPD permit for drilling wildcat well 7221/4-1 in PL 609

Lundin Norway has been granted a permit from the Norwegian Petroleum Directorate (NPD) for drilling the wildcat well 7221/4-1 in production licence 609 (PL 609) in the Barents Sea. The company, which is the operator of production licence 609 with 40% stake, will drill well 7221/4-1 using the West Bollsta drilling facility. The other partners […]

Dalma Gas Development Project : Petrofac, Sapura Energy win contracts from ADNOC

Dalma Gas Development Project : Petrofac, Sapura Energy win contracts from ADNOC

Dalma Gas Development Project contracts : The Abu Dhabi National Oil Company (ADNOC) has awarded two construction contracts worth over $1.65 billion for the offshore facilities for the Dalma gas project in the Ghasha ultra-sour gas concession in the UAE. The two engineering, procurement and construction contracts (EPC contracts) were given to Petrofac Emirates and […]

Northern Endeavour FPSO contract bagged by Upstream Production Solutions

Northern Endeavour FPSO contract bagged by Upstream Production Solutions

Northern Endeavour FPSO contract : GR Engineering Services said that its fully-owned subsidiary Upstream Production Solutions (Upstream PS) has been given a contract by the Department of Industry, Science, Energy and Resources (DISR) of the Australian government to provide operations and maintenance services to the Northern Endeavour floating production, storage and offtake facility Northern Endeavour […]

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