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Rockhopper wins extension for Falklands assets as it sheds two Italian ones

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UK-based oil and gas exploration and production company Rockhopper Exploration has signed a share purchase agreement (SPA) with India’s Zodiac Energy to dispose of its two Italian assets and put in place an insurance policy as it awaits the resolution of a dispute with Italy over a third one. Additionally, the company has won extensions of its production licenses in the Falkland Islands. The post Rockhopper wins extension for Falklands assets as it sheds two Italian ones appeared first on Offshore Energy.

Island Drilling rig finishes plug and abandonment gig offshore Africa

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Island Drilling has wrapped up its plug and abandonment (P&A) campaign off the coast of Mauritania, Africa, which is being carried out with its 2012-built semi-submersible rig. The post Island Drilling rig finishes plug and abandonment gig offshore Africa appeared first on Offshore Energy.

TotalEnergies handpicks UK firm to inspect and evaluate up to three rigs for Suriname’s $10.5B oil project

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ADC Energy has been hired on a multi-year assignment related to the selection and acceptance of up to three offshore drilling rigs, which will work at a recently greenlighted oil project in Suriname’s Block 58 operated by TotalEnergies. The post TotalEnergies handpicks UK firm to inspect and evaluate up to three rigs for Suriname’s $10.5B oil project appeared first on Offshore Energy.

One multimillion-dollar offer for stake in UK player’s asset off Cameroon on the table with more anticipated as talks continue

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The UK-based oil and gas company Tower Resources has received an updated and more detailed offer for the farm-out process regarding its production-sharing contract (PSC) off the coast of Cameroon. However, the firm’s discussions with other interested players are still ongoing, thus, it expects to receive at least one more offer soon. The post One multimillion-dollar offer for stake in UK player’s asset off Cameroon on the table with more anticipated as talks continue appeared first on Offshore Energy.

Japanese duo looking into energy-saving ship operations utilizing wind power

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Sumitomo Heavy Industries Marine & Engineering (SHI-ME) and ORIX Corporation have begun a feasibility study on utilizing wind power for energy-saving operations on one of ORIX’s bulk carriers. The post Japanese duo looking into energy-saving ship operations utilizing wind power appeared first on Offshore Energy.