Bahamas Petroleum awarded block offshore Uruguay

London-listed oil company Bahamas Petroleum (BPC) has been awarded the AREA OFF-1 petroleum licence offshore Uruguay. BPC said on Tuesday that it was chosen as the successful applicant for the award of an exploration licence offshore Uruguay by the Uruguayan national regulatory agency, ANCAP. Continue reading

Saipem Nets Offshore Engineering Services Deal with Equinor

Italian provider of oilfield and renewable energy services Saipem has signed a two-year frame agreement with Norway's Equinor covering offshore engineering services worldwide. Per Saipem's statement on Tuesday, The frame agreement covers feasibility and conceptual studies, FEED, detailed engineering, and related follow-on and support for R&D activities, as well as assistance to Equinor for its... Continue Reading →

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