More work for Weatherford with Petrobras

(OET) U.S. oilfield services company Weatherford International has secured a multi-year contract to deliver drill pipe riser (DPR) intervention services to Brazilian state-owned oil and gas giant Petrobras. Weatherford announced it had been awarded a five-year contract with Petrobras in Brazil, after a competitive tender, to provide DPR ultra-deepwater offshore intervention systems and services. The new seven-system... Continue Reading →

JIP to Advance Offshore Wind Concrete Floater Standards

(OE) DNV secured partners to launch a new project to enhance technology development and prepare for scale/industrialization of concrete substructures for floating offshore wind. The new Joint Industry Project (JIP) called Concrete FLOW will optimize requirements for concrete floaters (floating or semisubmersible structures, generally moored to the seabed, used as foundations upon which equipment can be mounted),... Continue Reading →

Fincantieri Set to Acquire Remazel Engineering

(OE) Fincantieri has set the main terms and conditions for the acquisition of 100% of the shares of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is a leader specialized in the design and supply of highly customized and complex topside equipment. The transaction enables Fincantieri to acquire highly specialized capabilities in the... Continue Reading →

Saipem scores $1.9 billion contract wins offshore Guyana and Brazil

(OET) Italy’s engineering, drilling, and construction services provider Saipem has tucked under its belt two new offshore contracts worth approximately $1.9 billion for work with ExxonMobil’s subsidiary ExxonMobil Guyana Limited and Equinor. As a result, the Italian player will carry out operations for the U.S. oil major in Guyana while the assignment with the Norwegian state-owned... Continue Reading →

McDermott gets new job on Shell’s gas project

(OET) U.S. offshore engineering and construction player McDermott has been awarded a limited notice to proceed in regards to an engineering, procurement, construction, and installation (EPCI) contract from Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered energy giant Shell, for a gas development project offshore Trinidad and Tobago. According to McDermott, this limited notice to... Continue Reading →

NOV Launches Floating Wind Installation Vessel Concept

(OE) NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector. Floating wind farms are often farther offshore, in deeper waters and in harsher environments, therefore requiring new and robust installation strategies. According to NOV, its new floating wind installation vessel (FWIV) concept—part... Continue Reading →

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