Petrofac and SOCAR to support BP’s operations in Azerbaijan

Petrofac, in a joint venture with Azerbaijan’s SOCAR, has secured a project management services contract to support BP’s operations in Azerbaijan and Georgia.

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E. Guinea expects 2020 to be the biggest year of investment in oil & gas in years

Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH) has estimated that $1.2 billion will be invested into its hydrocarbon sector in 2020.  …

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Popular news, December 9 – 15, 2019

Offshore Energy Today’s most popular news from the past week.

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DNO makes minor oil and gas discovery off Norway

DNO is in the process of concluding the drilling of a wildcat well near the Heidrun field in the Norwegian Sea after finding a minor oil and gas discovery.

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Hurricane to focus on Lancaster and Lincoln wells

Hurricane Energy has been granted an extension for a UK license which contains the Lancaster and Lincoln areas. The extension comes with a commitment to drill a well on each of the areas. …

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Spirit to take over North Sea discovery after ‘encouraging’ results

UK-based Spirit Energy will become the operator of a new Southern North Sea discovery after an encouraging exploration campaign. …

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SBM Offshore sells minority stake in FPSO Sepetiba following Petrobras award

SBM Offshore has divested a minority interest in the FPSO Sepetiba project to two Japanese companies following confirmation of a 22.5-year lease and operation contract with Petrobras.

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OneSubsea to supply subsea production system for Chevron’s Anchor

Schlumberger’s OneSubsea has been awarded a contract by Chevron for the supply of an integrated subsea production and multiphase boosting system for the Anchor field in the U.S. Gulf of Mexico. …

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Velesto to provide jack-up rig for Mubadala’s Pegaga campaign

Velesto Drilling has been awarded a contract by UAE-based Mubadala Petroleum for the provision of a jack-up drilling rig for Pegaga development drilling campaign offshore Malaysia. 

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Polarcus wins 10-month seismic acquisition program in Brazil

Seismic services provider Polarcus has been awarded a marine seismic acquisition program in Brazil.  …

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