(OE) Shearwater GeoServices has ramped up its multi-client activity by starting the Pelotas Basin 3D survey, offshore Brazil. The survey represents the fifth multi-client 3D acquisition project so far for Shearwater, the company said. The Pelotas Basin 3D is adding to Shearwater’s existing library in the conjugate Orange Basin of Namibia and is a continuation... Continue Reading →
TotalEnergies Closing in on Block 58 FID Offshore Suriname
(OM) TotalEnergies, together with APA Corporation and Staatsolie, has made progress toward reaching the final investment decision (FID) for the development of deepwater Block 58 offshore Suriname, expected to be made in the fourth quarter of 2024. TotalEnergies is the operator of Block 58 with a 50% interest, alongside APA Corporation (50%), while Staatsolie has... Continue Reading →
Subsea7 announces four new PLSV contracts with Petrobras
(TN) Subsea7, a global leader in the delivery of offshore projects and technology for the energy sector, confirmed, after a competitive process, the signing of four long-term daily rate contracts for engineering vessels (PLSVs) with Petrobras. The agreements, which will begin next year, have a combined value of more than US$1.25 billion and will be... Continue Reading →
Subsea7 Secures Over $1.25B Contract for Work at Petrobras’ Buzios Field
(OE) Offshore services firm Subsea 7 has been awarded a ‘super major’ contract by Petrobras for the development of the Búzios 9 field offshore Brazil. The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 kilometres of rigid risers and flowlines for the steel lazy wave production system. The exact value of the... Continue Reading →
UK subsea player, CRP Subsea, lines up new gig in Brazil on deepwater oil project
(Offshore-energy.biz) UK-headquartered CRP Subsea, part of AIS, has found a new assignment off the coast of Brazil, which will enable it to deploy its modular buoyancy modules on a deepwater oil field development in the Santos Basin. This deal, which CRP Subsea describes as a “sizable” one from an undisclosed firm it deems to be a “major” engineering, procurement, construction,... Continue Reading →
Floating wind could transform offshore energy – but companies need to work together and embrace innovation
(Institution of Mechanical Engineers)According to the Global Wind Energy Council’s Global Wind Report 2024, installed offshore wind capacity surpassed 75GW at the end of 2023. But with ambitious targets set for 2050, the industry must look at ways to speed up planning and construction, and fine-tune operations and maintenance of existing assets. To reach the... Continue Reading →
Saipem Secures $850M Contract from Eni-BP Joint Venture Offshore Angola
(OE) Italian offshore energy services firm Saipem has secured a contract from Azule Energy, a joint venture between Eni and BP, for the development of Ndungu field as part of Agogo Integrated West Hub Project, offshore Angola. Saipem’s scope of work entails the engineering, fabrication, transportation and installation of approximately 60 km of rigid pipelines... Continue Reading →
US Department of Energy (DOE) selects Principle Power and Aker Solutions to advance plans for serial manufacturing of WindFloat® foundations
Principle Power and Aker Solutions (“FloatHOME” consortium) have been chosen as a winner for the second phase of the U.S. Floating Offshore Wind Readiness (FLOWIN) Prize by the DOE. The award consists of a $450,000 cash prize and $100,000 in technical assistance from the DOE National Labs. Prize money is being used to advance WindFloat®... Continue Reading →
Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services
(OE) Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs). Sapura Energy has through the joint ventures owned by Seabras Sapura Holding and Seabras Sapura Participações, in collaboration... Continue Reading →
MODEC Hires Seatrium for Errea Wittu FPSO Topsides Integration
(OE) Seatrium has secured a topsides integration contract from MODEC's company Offshore Frontier Solutions for the Errea Wittu floating production storage and offloading (FPSO) unit. The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu, and includes completion and commissioning support for MODEC. The FPSO will be... Continue Reading →