Constellation is about to win two new charter contracts for the semi-submersible rigs Gold Star and Lone Star with Petrobras. The deal comes from the tender for the charter of one or more low specification units for operation in 2,400 meters of water depth, the result of which was released on Wednesday (13/10). The result... Continue Reading →
Petrobras increases oil exports from Buzios to China
Petrobras is expected to export more oil from Buzios to China in the coming months, while it reserves Tupi oil for the domestic market, reveals consultancy Platts. According to the company, Petrobras sources say that the oil company has been channeling more volumes of Tupi into its own system in recent months, while focusing on... Continue Reading →
TotalEnergies Drilling World’s Deepest Offshore Well Using Maersk Voyager Drillship
French oil major TotalEnergies has exercised an option for Maersk Drilling's drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days, which means that Maersk Voyager is now contracted until February 2022. The work on Ondjaba-1 began in October 2021, after... Continue Reading →
OIL STATES CLOSES A NEW CONTRACT WITH PETROBRAS TO PROVIDE SERVICES ON 5 FPSOs
Oil States Brasil announced this week that it has signed a new and important contract with Petrobras. Under the new agreement, the company will provide offshore planning, maintenance and inspection services on cranes on the oil company's five FPSOs. The new contract will run for three years. "Having a broad knowledge of the market, combined... Continue Reading →
IBAMA GRANTS OPERATING LICENSE FOR THE SECOND EARLY PRODUCTION SYSTEM IN MERO
The Brazilian Institute for the Environment (Ibama) granted Petrobras the operating license for the second Early Production System (SPA-2) in the Mero field, located within the Libra block, in the pre-salt of the Santos basin. As well as the first SPA in the area, this new project will also be carried out with the FPSO... Continue Reading →
TechnipFMC targets composite pipe tech with Magma Global buy
TechnipFMC has completed the acquisition of outstanding shares of Magma Global with an aim to accelerate the development of composite pipe technologies for conventional energy and CO2 applications. TechnipFMC originally acquired an interest in Magma in 2018, combining its experience in flexible pipe technology with Magma’s composite capabilities to develop a disruptive composite pipe solution... Continue Reading →
Occidental sells stakes in two Ghana fields for $750 million
Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Ghana National Petroleum Corporation (GNPC) ($200 million). The sale to Kosmos closed upon signing and the sale to GNPC is expected to close in the fourth quarter of 2021. The transaction includes Occidental’s... Continue Reading →
SBM Offshore’s FPSO Prosperity entering drydock in Singapore
SBM Offshore’s FPSO Prosperity, destined to operate for ExxonMobil offshore Guyana, has reached another milestone after entering drydock at a yard in Singapore. The hull for the FPSO Prosperity, the third production unit to operate offshore Guyana once completed, arrived at the Keppel yard in Singapore in mid-August. Following the arrival, the next phase of construction was... Continue Reading →
TechnipFMC pipelay support vessel secures long-term charter offshore Brazil
Petrobras has awarded TechnipFMC a three-year contract for the pipelay support vessel Coral do Atlântico. Operations offshore Brazil are expected to begin in 2Q 2022. The Brazilian-registered vessel will mainly be deployed in ultra-deepwater of up to 3,000 m (9,842 ft). Jonathan Landes, president, Subsea at TechnipFMC, said: “Coral do Atlântico is the third of our pipelay support vessels to be contracted... Continue Reading →
4Subsea to Monitor Steel Catenary Risers on Giant FPSO in Brazil
4Subsea, a provider of tech solutions for the offshore energy industry, has secured a service agreement to monitor steel catenary risers on the Bacalhau field FPSO, offshore Brazil. The field, in Brazil's Santos Basin, is operated by Norway's Equinor. 4Subsea, part of Subsea 7, will deliver the service using its 4insight Subsea Asset Integrity a... Continue Reading →