Category: Deepwater

Oil & gas production uptick sets the scene for ‘solid’ financial performance as Equinor bolsters low-carbon shift with spike in renewables

( Offshore-energy.biz) The Norwegian state-owned energy giant Equinor has managed to maintain a stable net profit in the second quarter of 2024, registering a drop quarter on quarter but a slight increase compared to the same period last year, while the firm continued working on field developments and supplied hydrocarbons to Europe to increase the... Continue Reading →

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Transocean Ltd. Provides Quarterly Fleet Status Report

(GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. This quarter’s report includes the following updates: Deepwater Atlas – Awarded a four-well contract in the U.S. Gulf of Mexico at a dayrate of $505,000,... Continue Reading →

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SBM Offshore holds naming ceremony for huge Brazil-bound FPSO Almirante Tamandare

(Offshore-energy.biz) Dutch FPSO operator SBM Offshore has officially named a floating production, storage, and offloading (FPSO) vessel destined to work at a giant field off the coast of Brazil for the country’s state-owned energy heavyweight, Petrobras. After obtaining a binding letter of intent (LoI) in February 2021, SBM Offshore inked contracts with Petrobras for the 26.25-year lease and operation of... Continue Reading →

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UK-based AIS wins multiple contracts for deepwater oil field project off Brazil

(Offshore-energy.biz) UK-headquartered AIS has secured multiple contracts to supply a comprehensive range of subsea ancillary solutions on a “major” deepwater oil field development located in the Santos Basin, off the coast of Brazil. The contracts are from several engineering, procurement, construction, and installation (EPCI) and original equipment manufacturer (OEM) companies. The contracts involve providing various critical subsea... Continue Reading →

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Ibama grants approval for support vessels that will be used in the installations of FPSO Almirante Tamandare

(PN) The Brazilian Environmental Institute (Ibama) issued approval for the use of support ships CBO Endeavour, Normand Maximus and Siem Emerald during the installation of the platform ship (FPSO) Almirante Tamandare. The expectation is that the first oil from the FPSO will be extracted in 2025. The vessel is still under construction by SBM Offshore... Continue Reading →

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