API urges investment in expanding American oil & gas production to ensure energy security – Long read

(OEM) The American Petroleum Institute (API), a trade association representing the oil and gas industry, believes ramping up domestic production and turning to U.S.-made energy is the answer to the global supply and demand imbalance hitting Americans at the pump and impacting the broader economy. The American Petroleum Institute claims that energy demand is outstripping supply... Continue Reading →

August 11, 2022 0

Miros’ WaveSystem for Subsea 7’s Petrobras-bound Offshore Vessel Trio

Subsea 7 has awarded Miros Group agreements to install its internet of things (IoT) dry-sensor WaveSystem on three of its pipelay support vessels, ti deliver accurate wave measurements via Miros' cloud-based graphical user interface (GUI) Miros.app. As part of three 3-year contracts and project requirements for the monitoring of wave and current to a water... Continue Reading →

August 11, 2022 0

Saipem Nets $900M Deal to Deliver Angola’s First Non-associated Gas Project

Italian oilfield services firm Saipem said Thursday it had secured three new engineering and construction contracts - one onshore and two offshore - in Angola. The total value is around $900 million. The contracts are with the New Gas Consortium comprised of BP's and Eni's recently established Azule Energy Angolan JV, and Sonangol P&P, Chevron, and TotalEnergies,... Continue Reading →

August 11, 2022 0

Shell Hires Maersk Supply Service to Fix FPSO Mooring Lines in Brazil

Danish offshore vessel owner, Maersk Supply Service has won a contract with Shell in Brazil for the mooring line remediation of the FPSO Fluminense, located off the coast of Rio de Janeiro. The scope of the project includes remediation work on two of the Fluminense FPSO's mooring lines. "With the onshore engineering already well underway,... Continue Reading →

August 11, 2022 0

‘Robust pipeline of opportunities’ for Noble rigs

Offshore drilling contractor Noble Corporation is seeing an increase in demand for offshore drilling rigs – its floater fleet was 100 per cent contracted in 2Q – and the rig owner expects this positive momentum to continue. In its latest fleet status report, issued on Monday, Noble Corp. said that its two jack-up rigs, the Noble Houston... Continue Reading →

August 9, 2022 0

Petrobras to invest U$220 million in maintenance of platforms in the Campos Basin

Petrobras is carrying out a campaign of maintenance and production stoppages on its platforms in the Campos Basin. In 2022 alone, there will be five campaigns, which will extend until 2023, with an investment of more than US$ 220 million and the creation of two thousand jobs. During the shutdowns, the company is using the... Continue Reading →

August 9, 2022 0

BW Energy Signs $300M Reserve Based Loan to Fund Work Offshore Gabon

Oil and gas company BW Energy has signed an up to $300 million international Reserve Based Lending (RBL) facility, to finance further development work in a block offshore Gabon. The facility has an initial commitment of $200 million which can be expanded up to an additional $100 million. The secured long-term debt facility has been... Continue Reading →

August 9, 2022 0

Fast crew suppliers from Damen to support oil & gas ops in Angola

The Netherlands-headquartered maritime services company EMAR Offshore has bought two fast crew supplier (FCS) vessels from the Dutch shipbuilder, Damen Shipyards Group. As both vessels are already in stock, one of them has already kicked off operations in Angola to support the country’s oil and gas industry, while the second vessel is expected to join the... Continue Reading →

August 8, 2022 0

First gas from Greater Tortue Ahmeyim on target despite FPSO delay

Over the second quarter of 2022, BP’s Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal achieved a 5 per cent progress, when compared to the previous quarter of the year, topping the 80 per cent mark. The project is on track for the first gas in 3Q 2023 despite delays related to the FPSO... Continue Reading →

August 8, 2022 0

Enauta Set to Resume Production from Atlanta Field Offshore Brazil

Following a planned downtime, Brazilian oil company Enauta is set to resume production from its Atlanta oil field in the Santos Basin, offshore Brazil. The company said that the Atlanta Field’s scheduled downtime is expected to be concluded over the upcoming days. Enauta said that the gradual output resumption would take place by mid-August when... Continue Reading →

August 8, 2022 0

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Category: Offshore Activity

API urges investment in expanding American oil & gas production to ensure energy security – Long read

Miros’ WaveSystem for Subsea 7’s Petrobras-bound Offshore Vessel Trio

Saipem Nets $900M Deal to Deliver Angola’s First Non-associated Gas Project

Shell Hires Maersk Supply Service to Fix FPSO Mooring Lines in Brazil

‘Robust pipeline of opportunities’ for Noble rigs

Petrobras to invest U$220 million in maintenance of platforms in the Campos Basin

BW Energy Signs $300M Reserve Based Loan to Fund Work Offshore Gabon

Fast crew suppliers from Damen to support oil & gas ops in Angola

First gas from Greater Tortue Ahmeyim on target despite FPSO delay

Enauta Set to Resume Production from Atlanta Field Offshore Brazil

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