(OM) The Zama offshore oilfield development project operated by state company Pemex has been “delayed for the right reasons,” according to Talos Energy Chief Executive Tim Duncan. Duncan said that the delay will allow needed changes to the engineering design that will enable the project to move forward. Duncan was quoted by Reuters in a... Continue Reading →
Trident Hires Archer for Well Intervention and Drilling Services in Brazil
(OE) Oilfield services firm Archer has secured a $20 million contract from Trident Energy to provide its well interventions and platform drilling services in Brazil. Archer will provide comprehensive platform drilling services, including well interventions for regulatory requirements, workover and drilling operations, well maintenance and drilling facilities engineering, to enhance Trident Energy's offshore assets in... Continue Reading →
Feritech Global spearheads subsea operations innovation for Oceaneering
Feritech Global has completed a major design and build project for Oceaneering, the world’s largest provider of subsea robotics to the offshore energy industry. The company has designed a next generation auto-drop piston corer which is expected to dramatically reduce the amount of time needed for subsea geotechnical surveying, increasing safety and efficiency, whilst reducing... Continue Reading →
Subsea 7 enters new phase in contracts in the Bacalhau and Mero Fields
(PN) Subsea 7 is taking new steps in the execution of some of its main contracts in the Brazilian market. The company recently announced an update on its operations in the country and revealed that it has made progress in the Bacalhau and Mero projects, both in the Campos Basin. In Bacalhau, the company installed... Continue Reading →
Bridge-linked platform design can support high-volume green hydrogen production
By Ron Vis and Vincent van Duijvenbode, McDermott (OM) Rising demand for hydrogen as a new clean source of power will drive the emergence of gigawatt-scale green hydrogen production installations close to offshore wind farms. Various pilot projects are under development and early-phase small-scale hydrogen production facilities are being installed in the Dutch North Sea. There... Continue Reading →
New JV sets up engineering and asset integrity management firm in Guyana
(OET) Norway’s asset integrity management company Axess Group and Guyana Logistics and Support Services (GLASS) have established a joint venture (JV) to launch an engineering and asset integrity management (AIM) firm in Guyana. Axess has been delivering services including design, inspection, maintenance, certification, modification, engineering, and installation of equipment for both offshore and onshore installations,... Continue Reading →
Nearly 90 greenfield, brownfield project FIDs expected this year
(OM) Global energy demand continues to ramp up as the world economy emerges from the constraints of the COVID-19 pandemic. According to the US EIA, liquids consumption has grown by 10% over the past three years, averaging 101 MMb/d in 2023. The rebound in oil demand to above pre-pandemic levels continues to spur investments in... Continue Reading →
HISEP® development and implementation contract is initiated by Petrobras
(TN)Petrobras announced the start of the contract for the development and implementation of HISEP®, an unprecedented technology patented by the company that will be used to increase production efficiency, reduce costs and the intensity of emissions in pre-salt oil and gas production systems. At the Petrobras Research, Development and Innovation Center (Cenpes), in Rio de... Continue Reading →
ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore
(OE) SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore. The FPSO is set to join three other SBM Offshore-operated FPSOs in Guyanese waters in 2025. Building upon the success of... Continue Reading →
Aker Solutions and Principle Power Win 1GW Floating Wind FEED Contract
(OE) Copenhagen Infrastructure Partner (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for floating offshore wind projects in South Korea. Haewoori floating offshore wind 2 and 3 projects, each rated at 500 MW, are located off the coast of Ulsan. As part of the scope, Aker Solutions... Continue Reading →