(PN) Halliburton announced today (8) that it has been contracted by Petrobras to provide a range of services in Brazil for integrated interventions and decommissioning of offshore wells. The commercial agreement is expected to begin in the second quarter of 2025. It will be a major new contract for the company, as it will cover... Continue Reading →
Siemens Energy raises cash flow outlook as turnaround gains momentum
(Reuters) - Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three months, citing stronger demand for its power grid equipment and gas turbines as the group recovers from a crisis at its wind division. The company, which supplies the utility sector with components and services, had to seek help from the... Continue Reading →
Petrobras signs a contract to acquire undersea equipment for the Santos and Campos basins
Petrobras has signed the first contract to acquire undersea equipment to start implementing the Atapu 2 and Sépia 2 projects. The equipment will be installed in the Santos Basin's pre-salt layer and the Campos Basin Roncador field. The commercial agreement was closed with the SLB OneSubsea group, and the equipment will start being built in... Continue Reading →
Archer Acquires Argentinian Managed Pressure Drilling Firm
(OE) Oilfield services firm Archer has entered into an agreement with Air Drilling Associates to acquire its managed pressure drilling (MPD) subsidiary ADA Argentina. ADA provides MPD services to Archer's largest customers in the Vaca Muerta basin in Argentina. MPD is an adaptive drilling process used to precisely control the annular pressure profile throughout the... Continue Reading →
How to choose the right hose for your FPSO operations
(Raphaël Poquet, Trelleborg Oil & Marine product manager) With a surge in the need for energy to meet global demand, the order book for Floating Production Storage and Offloading (FPSO) vessels is climbing. This trend can be seen in the global expansion of new, often remote, and challenging regions. As a result, the need for... Continue Reading →
Petrobras Places Flexible Pipe Order to TechnipFMC for Brazil Fields
(OE) Oilfield services company TechnipFMC has secured a ‘substantial’ contract from Petrobras to supply flexible pipe for the pre-salt fields offshore Brazil. The contract covers the design, engineering, and manufacture of flexible pipe for water injection and gas lift. Although the exact value of the contract was not disclosed, for TechnipFMC, a ‘substantial’ contract is... Continue Reading →
Offshore Wind Turbines Offer Path for Clean Hydrogen Production
NREL Researchers Identify Promising Locations off US Coastlines for Installation of Technology (CleanTechnica.com) Using electricity generated by offshore wind turbines as one pathway to split water to produce clean hydrogen may make economic sense, particularly along the U.S. Atlantic Coast and in the Gulf of Mexico, according to researchers at the National Renewable Energy Laboratory... Continue Reading →
Oil States signs agreement to perform speciliazed services for Petrobras
(PN) Oil States signed a services contract with Petrobras to carry out operations with Dual Bore Riser Systems and peripherals, as well as planning services for operations with these systems. The four year agreement provides for completion, withdrawal and intervention services in subsea wells using a completion system linked to the Riser Dual Bore type... Continue Reading →
Trendsetter lines up subsea work on two oil assets in Brazilian waters
(Offshore-energy.biz) Texas-based subsea oil and gas equipment and services player Trendsetter Engineering has tucked a new assignment under its belt on two offshore oil fields in Brazil, following its entry into the South American country’s market with the establishment of local facilities in Macaé. Trident Energy do Brasil, part of Trident Energy Group, has picked... Continue Reading →
Viridien Sells Marlin Vessel Monitoring and Alert System to ExxonMobil Guyana
(OE) Viridien, formerly CGG, has made a sale of its Marlin vessel monitoring and alert system to ExxonMobil Guyana to support its offshore operations in Guyana. The sale was made through Viridien’s Sensing and Monitoring business line, marketed under the Sercel brand. As part of the wider Sercel Marlin software suite for optimizing offshore operations,... Continue Reading →