Under the agreement, USD 4 million is expected to be paid by June 22, 2022. Full balance is due on delivery and completion of the sale by August 5, 2022.
The Capricorn asset is currently stored in Aruba and is expected to move to Brazil for work on Petro Rio’s mature fields on the Campos basin.
Seadrill Partners changed its name to Aquadrill after emerging from bankruptcy in 2021.
Seadrill has been awarded two drillship contracts in South Korea and the US Gulf of Mexico worth a total value… Read More
The World Bank has granted Namibia a $138 Read More
PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More
Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More
Saudi Aramco has awarded a USD 1 Read More
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
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