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Italian oilfield services provider Saipem has taken delivery of a recently chartered seventh-generation drillship, which is expected to work for Eni off Ivory Coast in West Africa, following a deal worth $400 million. Saipem entered into a three-year firm bareboat charter agreement with Deep Value Driller for the Deep Value Driller drillship. This contract may be extended by up... Continue Reading →
(Reuters) - TotalEnergies' (TTEF.PA) Chief Executive Patrick Pouyanne will visit Suriname next week with the possibility of "good news" on developing oil projects in the South American country, he said on Wednesday at a conference. France's TotalEnergies (TTEF.PA) and partner U.S. APA Corp (APA.O) are expected to make a final investment decision by the end of 2024 for block 58, Suriname's... Continue Reading →
(OET) Oceaneering International’s Offshore Projects Group (OPG) segment has secured two international contracts that have a combined total value of over $100 million. Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project in Angola, operated by TotalEnergies EP Angola, a subsidiary of France’s energy giant TotalEnergies. The... Continue Reading →
(OET) UK-headquartered energy services provider Expro has entered into a definitive agreement to acquire the Houston-based offshore services provider, PRT Offshore, which will enable it to enhance its portfolio of services and solutions within the subsea well access sector in North and Latin America (NLA). This will also boost PRT Offshore’s surface equipment offerings in Europe, Sub-Saharan... Continue Reading →
Italian oil and gas giant Eni has started production from an oil and gas field offshore Côte d’Ivoire, Africa, less than two years after the discovery in September 2021 and less than a year and a half after the final investment decision (FID) was made. The Baleine East 1X well was drilled using the Saipem 12000 drillship. The... Continue Reading →
(OET) Oslo-headquartered marine geophysical company PGS has secured a new assignment for one of its seismic acquisition vessels offshore Africa with an undisclosed firm. In addition, the start of operations in Brazil for another one of its ships has been delayed. While revealing a contract award for a 3D exploration acquisition contract offshore Africa, PGS... Continue Reading →
(OE) TechnipFMC announced it has been awarded a contract from TotalEnergies to install flexible pipe and associated subsea structures for the Girassol life extension project in Angola's offshore Block 17. TechnipFMC labeled the contract as “significant”, worth between $75 million and $250 million. TechnipFMC was previously awarded the engineering, procurement, and supply of subsea flowlines... Continue Reading →
(OE) Offshore drilling rig contractor Seadrill said Tuesday it had generated $414 million in total operating revenues, a sequential increase of $148 million, or 56%, benefitting from contracted rigs acquired as part of the Aquadrill transaction, completed on April 3, 2023. Adjusted EBITDA nearly doubled from $85 million in the prior quarter to $159 million, or... Continue Reading →
(OE) Oil and gas company Global Petroleum said Monday that the Namibian Ministry of Mines and Energy had given approval for the company and its partners to proceed to the First Renewal Period ("FRP") of Walvis Basin license PEL 94, with a duration of two years from September 2023 to September 2025. The work commitment... Continue Reading →
(OM) A vast majority of operators and developers are investing in autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) as they seek to optimize production, decrease emissions and enhance safety during operations. In a recent interview with Offshore, Oceaneering’s senior vice president of business development and chief commercial officer, Earl Childress, said, “Remote operations are continuously evolving... Continue Reading →
Brazil Energy Insight 