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Aker Solutions has entered a master agreement to provide umbilicals for Chevron-operated oil and gas fields in the US Gulf of Mexico. The company also secured the first work order under the new master agreement, to provide 24 kilometers (15 miles) of umbilicals for Chevron’s Anchor project.

BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer on the Cascade and Chinook fields on behalf of MP Gulf of Mexico, LLC (MP GOM) with a five-year option to extend. The firm period commences in direct continuation of the current contract and lasts until March 2025.

Bureau of Ocean Energy Management announces that region-wide Gulf of Mexico Lease Sale 254 generated $93,083,453 in high bids for 71 tracts covering 397,285 acres in Federal waters of the Gulf of Mexico. A total of 22 companies participated in the lease sale, submitting $108,587,185 in total bids.

Aker BP is updating its investment program and financial framework in order to secure additional financial optionality in response to the high uncertainty caused by the COVID-19 crisis. 

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