The Norwegian offshore seismic survey services company PGS has been awarded a 3D exploration acquisition contract. PGS said that the contract was in Namibia, with "a major energy company." The company said it would use the Ramform Titan vessel for the survey, with the acquisition expected to complete mid-February 2023. "PGS has many years of... Continue Reading →
Borr Drilling Bags $715M in Jack-up Rig Contracts in Mexico
Offshore drilling company Borr Drilling said Thursday that its joint venture company in Mexico (Perfomex) had entered into new contracts for the company's five premium jack-up rigs. The rigs in question are the "Galar", "Gersemi", "Grid", "Njord" and "Odin" and the contracts are with OPEX Perforadora S.A. de C.V. and Perforadora Profesional Akal I S.A.... Continue Reading →
ExxonMobil books DOF Subsea vessels offshore Guyana
Norwegian DOF Subsea has secured a three-year contract for two multipurpose support construction vessels (MPSVs) with Esso Exploration & Production Guyana. DOF Subsea will perform inspection, maintenance, and repair (IMR), well-intervention support, and light subsea construction activities to support the “growing” subsea infrastructures in the Stabroek Block offshore Guyana. The two MPSVs, featuring 250-ton AHC cranes and work-class... Continue Reading →
Siem Offshore Loses Another Vessel Case Against Petrobras
(OE) Norwegian offshore vessel owner Siem Offshore has lost a case against Petrobras in Brazil over a late vessel delivery and will have to pay around $8 million. Siem Offshore said Wednesday that its Brazilian subsidiary, Siem Offshore do Brasil, had been informed of the final unfavorable decision of a Brazilian court in a lawsuit... Continue Reading →
U.S. Oil Service Firms’ Results to Show Impact of Demand, Inflation
(Reuters) Oilfield service firms are poised to deliver the strongest third-quarter results in years as demand for equipment and services has risen despite supply chain snags and higher costs from inflation, according to analyst forecasts. Schlumberger, Halliburton, and others have struggled to regain pricing power after a 2016 price drop. The oil market crash during the pandemic... Continue Reading →
Equinor becomes first operator to scan offshore structure with rolling ultrasound scanner
(WO) Equinor has become the first oil and gas operator to utilize a rolling ultrasound scanner to reveal the internal state of concrete structures that are part of offshore platforms. The operation was performed at one of Equinor’s platforms on the Norwegian continental shelf. It is part of Equinor’s strategy to increase effectiveness, speed of... Continue Reading →
Prosafe Says Places Best Bid for Offshore Accommodation Contract with Petrobras
Prosafe, a company offering offshore accommodation services for oil and gas clients, said Saturday it had submitted the most competitive offer in a bidding process for a 650-day contract with the Brazilian oil and gas company Petrobras. The contract value is approximately USD 73 million, which is equivalent to $112,500 per day. "Contract award and... Continue Reading →
Petrobras selects seven rigs from multi-rig tender
(OM) Petrobras has selected seven rigs from its tender for up to eight floating rigs, reports consulting firm Esgian. From Lot 1, which was for up to two high-spec DP rigs capable of operating in up to 3,000 m of water, the selected units are Diamond Offshore semisubmersible Ocean Courage and the Transocean drillship Deepwater Corcovado. Both of... Continue Reading →
Equinor produces first oil from new Peregrino C platform in Brazil
Equinor’s new platform in Brazil, Peregrino C, produced its very first oil on 10 October at 20:00 local time. Peregrino is Equinor’s largest operated field outside Norway. Peregrino phase 2 will extend the Peregrino field life to 2040. Phase 2 adds 250-300 million barrels of oil, while at the same time halving expected CO2 emissions per... Continue Reading →
REGENT, TotalEnergies Testing Use of Seagliders for Offshore Travel
REGENT, a company developing an electric seaglider for sustainable high-speed maritime travel , and TotalEnergies, a French oil and gas giant, have partnered up to explore the use of REGENT’s all-electric seaglider for maritime travel to offshore wind and oil platforms. According to REGENT, seagliders - described as a mix between a boat and a... Continue Reading →