PGS and ExxonMobil Modify South America Survey Deal

Norwegian seismic player PGS said that its contract with ExxonMobil for the 3D survey in South America has been redefined to exclude one of the vessels from the previously announced campaign.

The contract, announced in November last year, had two vessels planed for a total duration of approximately 13 vessel months and an estimated value in excess of $75 million.

However, the vessels Ramform Atlas and Ramform Tethys have been on paid standby from December 23, 2018, due to unresolved issues affecting the survey.

ExxonMobil has notified PGS that the Ramform Atlas is no longer required. PGS will receive payment for mobilization, work performed, standby and demobilization.

PGS said it expects to deploy the vessel on a MultiClient program or contract survey shortly, but will incur idle time relating to steaming and possibly standby before starting an alternative project.

ExxonMobil plans to deploy the Ramform Tethys to acquire a 4D survey offshore Guyana. The vessel will continue on paid standby until it begins the redefined program.

PGS expects the vessel to be operating in the area for at least three months.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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OCEANS 2019

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OTC Brasil

The conference is organized by the Offshore Technology Conference (OTC) and Brazilian Petroleum…

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Europort 2019

Europort, organised in the world port city of Rotterdam, will be the leading exhibition for special purpose vessels…

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