Statoil awards a conditional LOI to Odfjell
Odfjell Drilling announced on April 16 that Statoil has awarded a conditional Letter of Intent (LOI) for a drilling contract for Deepsea Atlantic for 6 firm wells with an estimated total duration of 18 months, scheduled to commence in early first...
Transborders announces FLNG joint study
Transborders Energy Pty Ltd (Transborders) is pleased to announce it has signed a Joint Study Agreement with a major Asian LNG Buyer to work together on the development of Transborders’ Generic Floating LNG (FLNG) Solution. The Joint Study a...
TechnipFMC awarded Tortue/Ahmeyim job
TechnipFMC (NYSE: FTI) (PARIS: FTI) announced on April 16 that it has been awarded a front-end engineering design (FEED) contract by BP for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim Field Development, a maj...
Aramco opens new offshore project bid
State oil giant Saudi Aramco (Saudi Arabian Oil Company) turns out to have spurred the opening of new offshore project bid. For the existing long-term agreement (LTA) contractors, according to industrial sources, the company plans to open a bi...
Stena Drilling receives DNV GL MPD notation
DNV GL has revised its classification rules for Managed Pressure Drilling (MPD) systems and introduced two new class notations DRILL(MPD) and DRILL(MPD READY). Stena Drilling Ltd. (SDL) is the first drilling contractor to receive the notation Dri...
Vroon reaches agreement with lenders
Vroon announced on Apri 13 that it has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring. The agreement, which is only subject to final documentation and credit committee confirmation, is an...
Magallanes Renovables signed berth agreement with EMEC
Spanish tidal energy developer Magallanes Renovables have entered into a berth agreement with EMEC, where their tidal energy prototype is due to be demonstrated in the next phase of the OCEAN_2G project. Funded by the Fast Track to Innovation ...
SolstadFarstad: Contracts in Brazil
SolstadFarstad announced on April 12 that PETROBRAS – Petróleo Brasileiro S.A. has awarded SolstadFarstad a 1 year firm contract to the AHTS “Far Scout” (2001, AHTS UT 722L, 186t BP) and to the AHTS “BOS Turquesa” (2007, AHTS UT 722L, ...
Maersk sisters Establish Decommissioning JV
A 50:50 joint venture (JV) between Maersk Drilling and Maersk Supply Service will leverage the companies’ heritage of over 50 years of safe and efficient operations to provide decommissioning services to oil and gas operators. After decades ...
BP extend footprint in Europe and SA
BP announced on April 10 that it has committed to two new North Sea developments which are expected to produce 30,000 barrels gross of oil equivalent a day at peak production. Alligin and Vorlich are satellite fields located near to existing i...
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