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Offshore drilling firm Noble Corporation has informed about two new drilling campaigns secured for its Noble Venturer drillship in Africa, which is currently employed on drilling assignment with Tullow Oil offshore Ghana. Following the early completion of the Tullow Oil Ghana campaign expected to end in late May 2024, Noble Corporation said it will relocate... Continue Reading →
(Reuters) - Halliburton (HAL.N), opens new tab beat first-quarter profit estimates on Tuesday as higher drilling demand from international markets helped the oilfield services firm counter a slowdown in North America. Oil and gas producers are looking to secure new international and offshore inventories, boosting oilfield equipment and services demand and helping companies like Halliburton. International rig... Continue Reading →
(TN) Petrobras is the company in the global oil and gas market whose investment has grown the most. In 2023, the company practically doubled its investment effort, totaling US$ 21.4 billion between direct investments and assets related to the leasing of production units, compared to an amount of US$ 10.9 billion in 2022. -Petrobras has... Continue Reading →
(offshoreWIND.biz) Milad Sheikhi, Head of Sales and Business Development – Offshore Wind at Jumbo Offshore discusses the way forward for standardisation in offshore wind. Is regulatory restriction the way forward for offshore wind – or will a free market approach yield more rapid returns? With increasingly ambitious targets in the coming years, the pressure is... Continue Reading →
April 19, 2024 – Petróleo Brasileiro S.A. – Petrobras informs that the Company's Board of Directors, at a meeting held today, in continuity with its process of clarification on the destination of the remaining profit for the 2023 financial year and the possibility of distributing extraordinary dividends, during the presentation to monitor the execution of... Continue Reading →
(Reuters) Top oilfield services firm SLB reported a 14% rise in first-quarter profit on Friday, as strong international oil and gas drilling demand helped offset a slowdown in North America activity. Companies such as SLB have gained from a rise in demand in international and offshore exploration and production, especially in the Middle East and... Continue Reading →
Petrobras plans to launch, later this year, tenders for support vessels. The company plans to contract 38 vessels by 2025, including the 12 PSV type ships (Platform Support and Supply Boat) that appear in the tender launched by the company at the end of March. The expected investment should reach US$ 2.5 billion. In addition... Continue Reading →
Petrobras received the environmental license from Ibama for drilling two exploratory wells in the BM-POT-17 maritime block, in deep waters of the Potiguar Basin, on the Brazilian Equatorial Margin. The first well will be drilled 52 km off the coast. Drilling is expected to begin in the coming weeks, after the rig arrives at the... Continue Reading →
SBM Offshore is pleased to announce that it has secured a US$250 million term loan facility. The facility will be fully drawn in the coming days to finance Floating Production, Storage and Offloading vessel (FPSO) construction activities. The tenor of the bridge loan is twelve months with an extension option for another six months. Repayment... Continue Reading →
(Reuters) Japan has agreed to partner with the United States to help reduce the cost of floating offshore wind projects, the White House said in a statement released during Prime Minister Fumio Kishida's visit to Washington to meet with President Joe Biden. Under the agreement, Japan and the U.S. would work to accelerate developments in... Continue Reading →
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