Offshore seismic survey contractors PGS and Shearwater GeoServices have been awarded framework agreements with Equinor for 4D towed streamer seismic acquisition on the Norwegian continental shelf (NCS) in what Equinor said was a new way of working with seismic contractors.The agreements have a total estimated value of around NOK 700 million (~USD 82,7 million).“This is a new way of working with seismic suppliers…
Offshore helicopter specialist Bristow Group has signed long-term maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines on Bristow's global fleet of AW139 helicopters. AW139 helicopters offer seating for 12 persons…
Worley and Chevron Corporation (Chevron) entered into a global master services agreement covering Chevron’s upstream, midstream, and downstream business needs. The agreement can be used by Chevron’s business units including those involved in…
Offshore renewables company RWE Renewables has this week seen the 1,400-tonne Kaskasi offshore wind farm substation topside installed onto the monopile foundation, off Germany.The 342-megawatt Kaskasi offshore wind project is being built 35 kilometers north of the island of Heligoland…
Scana's PSW Technology has signed an exclusive license agreement with global oil service provider Cameron, a subsidiary of Schlumberger company.The agreement, which is the first in Norway for both Cameron and PSW, allows PSW to carry out recertifications…
Australian oil and gas firm Bounty Oil and Gas has agreed to farm into four oil-prone offshore licenses in Western Australia, owned by Coastal Oil and Gas.Bounty will acquire a 25% stake in licenses EP 475, EP 490, EP 491 and TP 27 (collectively…
Norwegian offshore vessel owner Siem Offshore entered into a standstill agreement with its secured lenders in Europe and Norway for the period from May 29, 2020, until April 30, 2021. The terms of the agreement include 100% deferral of principal and interest until the end of the standstill period…
Australia-based global engineering company Worley has signed two frame agreements with oil major BP for the provision of offshore engineering services.Worley said Wednesday that one frame agreement was for conceptual engineering and the other…
ASX-listed Cooper Energy has signed a new gas supply agreement with O-I, an industrial gas user and Australia’s largest manufacturer of glass container products.The gas is to be supplied from Cooper's equity share of production from its Casino Henry operations offshore Victoria…
Russian oil producer Lukoil has signed a farm-out agreement with Italy's Eni on blocks 10, 12 and 14 in the Mexico's shallow waters.Lukoil will assign 40 percent in block 12 to Eni and retain the remaining 60 percent stake as operator of the project…
Australian oil and gas production and exploration company Triangle Energy (TEG) has entered a farmout deal with fellow oil junior Key Petroleum to acquire a 50% stake in the Mt Horner oilfield in Western Australia’s Perth Basin.'The Board of…
Norway's GC Rieber Shipping has entered a time charter agreement with an unnamed customer for its offshore construction vessel Polar Queen.The offshore operator said in a press release: 'GC Rieber Shipping has entered into a time charter agreement…
Swire Seabed announced it has secured a framework agreement with Wintershall Norge AS for the provision of marine subsea services (MSS) in the North Sea.The agreement will commence this year and has a duration of three years plus four yearly options…
Norwegian oil major Statoil has awarded three new subsea maintenance framework agreements, extending to 2023, to Aker Solutions, TechnipFMC and OneSubsea, with a total estimated value of more than US$970 million (NOK8 billion). In addition…
Statoil has awardedd Aker Solutions a framework agreement for the provision of subsea services on the Norwegian oil major's operated assets offshore Norway. The contract has a fixed period of five years, starting in the first quarter of 2018…
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