Siem Offshore has entered into a medium-term contract for AHTS vessel Siem Emerald, currently serving the North Sea market. The contract has a firm period of 6 months + options of up to 6 months.
The Prax Group has announced that it has successfully completed the strategic acquisition of Hurricane Energy in the United Kingdom. Hurricane is a UK-based oil and gas exploration and production company with a 100 per cent operated interest in the Lancaster offshore oil field in the West of Shetland basin.
Westmount Energy has announced that it has purchased 300,000 common shares in Africa Oil Corp. The purchase increases Westmount s indirect exposure to anticipated exploration drilling on the Canje and Orinduik blocks, offshore Guyana from 2024 and in addition provides liquid exposure to the scheduled 2023, up to 4 well, appraisal drilling and testing program on the giant Venus discovery in the Orange Basin, offshore Namibia.
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