Oceaneering announced this morning (10) that it had signed two new and important contracts with Petrobras, which provide for the supply of up to 362 kilometers of steel tube umbilicals and thermoplastic electro-hydraulic umbilicals. The agreements also include the supply of associated subsea distribution hardware for use in offshore projects in Brazil. Manufacturing of the... Continue Reading →
Noble Corporation and Diamond Offshore Enter Merger Creating 41 Rig Units Fleet
(OE) Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion. Noble will acquire Diamond in a stock plus cash transaction, whereby Diamond shareholders will receive 0.2316 shares of Noble, plus cash... Continue Reading →
Baker Hughes Gets Multi-Year P&A Contract from Petrobras for Fields Off Brazil
(OE) U.S. oilfield services giant Baker Hughes has secured a contract from Brazil state-owned oil and gas major Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil. The multi-year project, set to start in the first half of 2025, will be managed with Baker Hughes’ integrated solutions portfolio... Continue Reading →
PRIO May production declined by 4.4% due to operational issues
(PN) PRIO released its operational data for May this week. The company recorded a production of 88.7 thousand barrels per day of oil equivalent, which represents a drop of 4.4% compared to the previous month's result (92.7 thousand barrels per day).(PN) According to the company, the Frade field had its production impacted due to the... Continue Reading →
Petrobras and Curtiss-Wright have entered into a partnership for a new subsea pumping system intended for higher reliability and profitability
To improve the efficiency and safety of deep-water oil and gas activities, Petrobras and Curtiss-Wright have entered into a technological cooperation agreement to design a fully electric, highly reliable subsea pumping system with far less dependency on the production platform. The new equipment produced by the partnership will reduce vessel costs, enable production through long... Continue Reading →
UK subsea player slots deepwater oil project trio in its Brazilian workload
(Offshore-energy.biz) UK-headquartered CRP Subsea, part of AIS, has won a deal with an undisclosed energy technology company, which enables three offshore oil field projects in Brazil’s Santos Basin to find their way to the subsea firm’s order book for deepwater buoyancy solutions. While disclosing the award of a contract it describes as significant, CRP Subsea explains... Continue Reading →
Vallourec Reels In Major Petrobras Contract for Tubes and Services Supply
(OE) France-based tubular solutions supplier Vallourec has secured a contract to supply Petrobras with carbon steel tubes and accessories to be used in various offshore development wells, mainly off the Brazilian coastline. Vallourec will supply 1,800 tonnes of carbon steel tubes with Glass Reinforced Epoxy liners (GRE technology), together with the associated corrosion resistant alloy... Continue Reading →
SBM Offshore Lines Up Fast4Ward Hull for Block 58 FPSO in Suriname
(OE) Dutch FPSO leasing specialist SBM Offshore has informed that its Fast4Ward hull has been reserved by TotalEnergies for the Block 58 development project, offshore Suriname. SBM Offshore is working in partnership with Technip Energies, and in line with the Front-End Engineering and Design (FEED) studies for a floating production, storage and offloading vessel (FPSO)... Continue Reading →
Enauta completes installation of subsea equipment and is close to completing the anchoring of new FPSO Atlanta
(PN) Enauta is close to completing the anchoring of the new FPSO for the Atlanta field, in the Santos Basin. In parallel, the latest subsea equipment for the first oil from the new production system has already been installed. The company is working on the final preparations to start operating the field's Definitive System, through... Continue Reading →
Petrobras drills new well in the Jubarte field
(PN) Petrobras is intensifying its exploratory work in the Campos Basin. The company recently started drilling well 4-BRSA-1392D-ESS, in the Jubarte field, in a water depth of 968 meters. The activity is being carried out with the Brava Star drillship, from Constellation. The new well is classified as Adjacent Pioneer Exploration, which is drilled to... Continue Reading →