Oil & Gas News

Neptune Energy has submitted development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the Norwegian sector of the North Sea. First production from the projects is expected in late 2020/early 2021. Total recoverable resources are estimated to be 120 million barrels of oil equivalent (Total of 54,000 barrels of oil equivalent per day at maximum production).

SeeByte, a global leader in software solutions for unmanned maritime systems, announces the appointment of Robert Johnson as Business Development Manager for Defence, effective immediately. Robert joins with a remit to further strengthen SeeByte’s position in the rapidly growing defence market for unmanned systems.

Shearwater GeoServices Holding has announced the award of three 4D seismic surveys by Equinor AS (“Equinor”) to be conducted this summer. The projects confirm Shearwater’s Isometrix crews will be active in 2019, on 4D projects in the North Sea and Barents Sea. Together with the recent announcement of 3 OBS 4Ds this brings Shearwater’s announced 2019 4D awards to 6 projects, confirming its market leading position in 4D.

Subsea 7 S.A. has announced the award of a substantial (1) contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services covering BP’s North Sea region portfolio of assets West of Shetland and Northern North Sea.

Oceaneering International, Inc. has been awarded a two-year Integrity Management contract with Total E&P Danmark (“Total”) to support its significant Tyra Redevelopment project in the Danish North Sea.

TechnipFMC has been awarded a large(1) contract for the engineering, procurement, construction, installation and commissioning (EPCIC) from BP for the floating production storage and offloading (FPSO) unit to be deployed offshore on the maritime border of Mauritania and Senegal. This award is a continuation to the FEED (front end engineering design) contract awarded in April 2018.

Transocean Ltd. (NYSE: RIG) announces that it has entered into an agreement with its customer, Equinor, to license and install Automated Drilling Control (“ADC”) systems on four high-specification, harsh environment rigs currently on contract in Norway and a fifth semisubmersible that is expected to commence operations in the Norwegian sea this summer.

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