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Subsea 7 awarded long term contracts for 3 pipelay vessels

October 19, 2021
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Subsea 7 has announced a very large (1) award by Petrobras for new long-term day-rate contracts for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun. The contracts will be recorded in backlog in the fourth quarter. Each contract comprises a firm three-year period and a subsequent one-year option. Seven Waves will commence the new contract in the first quarter 2022. Seven

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Talos Energy and TechnipFMC create partnership to deliver carbon storage solutions in GOM

October 18, 2021
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Talos Energy Inc. and TechnipFMC announced today that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage ("CCS") projects along the United States Gulf Coast. The alliance combines Talos's offshore operational strength and sub-surface expertise with TechnipFMC's extended history in subsea engineering, system integration and

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Saudi announces the launch of offshore tourism project THE RIG

October 18, 2021
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Saudi Arabia's sovereign wealth fund, the Public Investment Fund, announced on Saturday the launch of "THE RIG", which it said would be the world's first tourism destination on offshore platforms. The fund, the engine of Crown Prince Mohammed bin Salman's economic transformation plans for Saudi Arabia, manages a portfolio worth $400 billion. It added in a statement that the

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TATNEFT resumes exploration in Libya

October 18, 2021
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TATNEFT has resumed exploration in the Libya in the face of the normalization of the situation in the Country with the support of the National Oil Corporation of Libya (NOC). Currently, the Company is starting to complete the work on the wells of one of the contract blocks, where drilling has been suspended due to force majeure. TATNEFT and NOC

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Aker BP granted wildcat permit offshore Norway with the Deepsea Stavanger

October 18, 2021
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The Norwegian Petroleum Directorate has issued a drilling permit to Aker BP for wildcat well 24/12-7 in production license PL 1041. Well 24/12-7 will be drilled from the Deepsea Stavanger drilling facility at position 59°11'14.553"N and 1°49'3.880"E. Aker BP is the operator with an ownership interest of 55 per cent. The other licensees are Neptune Energy Norge (30 per cent) and Lundin Energy Norway (15 per cent). The acreage in this licence consists of

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Shearwater awarded seismic work in South Africa

October 18, 2021
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Shearwater GeoServices Holding AS (“Shearwater”) announces the award of a 3D seismic survey contract for acquisition in South Africa. The survey will acquire over 6,000 sqkm of 3D seismic data and be acquired by the Amazon Warrior. The project is planned to last approximately four-months. The Amazon class vessels are seismic acquisition vessels designed from the ground up with

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Maersk awarded contract extension for the Voyager

October 17, 2021
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TotalEnergies E&P Angola has exercised an option for the 7th generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days, which means that Maersk Voyager is now contracted until February 2022. The work on Ondjaba-1 commenced in October 2021, after which the rig is scheduled to

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Occidental sells off Ghana assets for $750 million

October 14, 2021
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Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Ghana National Petroleum Corporation (GNPC) ($200 million), prior to closing adjustments to reflect an April 1, 2021 effective date. The sale to Kosmos closed upon signing and the sale to GNPC is expected to close in the fourth quarter of 2021. The

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Maersk Drilling named preferred contractor for the Greensand Danish offshore carbon storage project

October 14, 2021
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In extension of its commitment to participating in Phase 2 of the Greensand offshore carbon storage project, Maersk Drilling has entered a framework agreement with the Nini Joint Venture, operated by INEOS Oil & Gas Denmark and Wintershall Dea, covering the supply of drilling rigs for the project offshore Denmark. The agreement confirms Maersk Drilling as the preferred contractor with a right to all

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