Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects, Rystad Energy said on Thursday.
Oil and as firm Vaalco Energy has paid a $4.5 million settlement fee to Angola National Agency of Petroleum, Gas, and Biofuels (ANPG), for offshore block termination.
Offshore drilling contractor Seadrill Limited has secured a contract for the West Gemini drillship in West Africa.
The 6th generation drillship was delivered from the Samsung shipyard in 2008.
The pirates are still holding 10 of the ship’s 18 crew.
Seabed Geosolutions has secured a 4D ocean bottom node (OBN) monitor survey in West Africa for a major oil company. The project, for which the data is expected to be acquired over a two-month period during the third quarter of 2019, will cover 151 square kilometers in water depths up to 600 meters.
Seabed Geosolutions has been awarded a 4D ocean bottom node (OBN) monitor survey in West Africa for a major oil company.
ADM Energy, an oil and gas investing company until recently known under the name of MX Oil, has appointed a new CEO.
The Norwegian offshore support vessel owner Golden Energy Offshore Services has won contract extensions with Wintershall and Shell.
Africa Finance Corporation (AFC) has decided to finance Aker Energy’s deepwater project located offshore Ghana by investing in $100 million of convertible bond notes with a commitment to participate in follow on fund raising activities.
Expro has secured a contract by Pacific Drilling’s subsidiary, Pacific Santa Ana, for the provision of an Intervention Riser System (IRS) for PETRONAS’s Chinguetti field Phase II plug and abandonment (P&A) contract, offshore Mauritania. The contract, valued at $20 million, will see Expro provide its
Oilfield services company Expro has been awarded a contract by Pacific Drilling for the provision of an intervention riser system (IRS) on Petronas’ Chinguetti field offshore Mauritania.
