Ventura Offshore has struck a deal with Umas 1 as the seller of a semi-submersible rig the firm decided to acquire last year. This enables the Brazilian player to make a lump sum payment as a final settlement.
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Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s production to exceed 400,000 barrels of oil equivalent per day (kboepd).
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As Harbour Energy plans to head for the exit, the AIM-listed Synergia Energy is going on the hunt for another partner that will join its carbon capture and storage (CCS) project in the UK sector of the North Sea.
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Equinor has secured a drilling permit with Norway’s authorities to drill an exploration well in the Barents Sea with one of Transocean’s semi-submersible rigs.
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BP has been hired by Oil and Natural Gas Limited (ONGC) to handle the decline in hydrocarbon production levels at a giant oil field in the country’s waters.
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