A joint venture company of Subsea7 and Eidesvik Offshore has secured a contract extension with Subsea7 that could keep a 2013-built subsea vessel busy until 2028. As part of the agreement with the joint venture company Eidesvik Seven Chartering, Subsea7 has extended the firm option for the 106.5-met
ConocoPhillips is laying the groundwork to kick off seabed surveys this month ahead of exploration drilling activities for which a semi-submersible rig owned by Transocean has arrived in the Otway Basin to find commercially viable natural gas reserves to keep fears of shortfalls at bay.
