First-ever 20,000 psi deepwater well control system used in recent drillships build

(WO) A recent ultra-deepwater giant drillships build resulted in two drillships that have the first-ever 20,000 psi well control system equipped with two 20,000 psi blowout preventers. Reel Power Marine & Energy contributed to this project with their patented innovative depth compensated accumulators (DCBs) that reduce subsea equipment weights, lower maintenance requirements and improve equipment... Continue Reading →

August 24, 2022 0

Trinidad and Tobago govt OKs Searcher’s 3D acquisition project

Searcher Seismic has received approval from the Government of the Republic of Trinidad and Tobago for the Tobago Trough multi-client 3D acquisition project. The acquisition is planned as a 6,500 km² wide-tow long streamer acquisition and processed through to Pre Stack Depth Migration. It will commence as soon as an environmental impact assessment (EIA) is... Continue Reading →

August 23, 2022 0

Repurposed jack-up rig sets sail for Gabon oil project

Oslo-listed oil and gas E&P company BW Energy has revealed that a former jack-up rig, which was converted to an offshore production unit, is on its way to Gabon where it will be installed at the firm’s offshore development project, which is on track for the first oil at the start of next year in line... Continue Reading →

August 23, 2022 0

APA Strikes Oil in Block 53 Offshore Suriname

Oil and gas company APA Corporation on Tuesday said it had discovered oil at Baja-1 well in Block 53, offshore Suriname, using the Noble Gerry de Souza drillship. Baja-1 was drilled to a depth of 5,290 meters (17,356 feet) and encountered 34 meters (112 feet) of net oil pay in a single interval within the... Continue Reading →

August 23, 2022 0

DOF Nets Vessels, ROV Deals in Brazil Worth More Than $253M

Norwegian offshore vessel owner DOF has secured contract extensions and new contracts for three of its vessels in Brazil with Petrobras. The deals are worth more than USD 253 million. The contracts, awarded to DOF Brazilian subsidiaries, Norskan Offshore Ltda. and DOF Subsea Brasil Servicos Ltda, are for the vessels; Skandi Chieftain, Skandi Olympia and Skandi... Continue Reading →

August 22, 2022 0

Focus on energy transition to spur offshore accommodation demand

(OEM) While the current, improved demand for offshore accommodation rigs is mainly driven by a recovery in the oil and gas market, Prosafe believes that the focus on energy transition will contribute to further demand. Prosafe said in its 2Q 2022 report on Friday that the general outlook has improved significantly as the oil price has recovered... Continue Reading →

August 19, 2022 0

Marlim Sul new pre-salt well comes into operation

In early August, Petrobras put well MLS-233 into operation in the pre-salt layer of the Campos Basin. Preliminary analyzes indicate that the new well, connected to the P-40, at Ativo Marlim Sul, has a production potential of 15,000 barrels of oil per day, exceeding the company's initial estimates. The MLS-233 symbolizes the beginning of pre-salt... Continue Reading →

August 17, 2022 0

Report: August shaping up as big month for floating rig contracts

(OM) Halfway through the month of August, contracts for floating rigs are significantly outpacing contacts for jackups, according to Evercore ISI’s latest Offshore Rig Market Snapshot. Of the 17 rig contracts announced so far this month, floater contracts outnumber jackup almost 2-to-1 with the average term more than six times longer at 1.2 years versus... Continue Reading →

August 17, 2022 0

Brazilian PRIO Frade field goes offline due to inert gas line

Brazilian oil and gas company PRIO, formerly known as PetroRio, has temporarily stopped production at a field, located within the Northern Campos Basin off the coast of Brazil. PRIO revealed on Monday that it has interrupted production at the Frade field due to an inert gas line. The initial estimates indicate that this interruption will last between 5 to... Continue Reading →

August 16, 2022 0

Solstad vessels secure gigs in Norway and Brazil

Norwegian offshore vessel owner Solstad Offshore has been awarded a contract extension for one of its anchor handling tug and supply (AHTS) vessels in Norway and a new assignment for another one in Brazil. Solstad Offshore revealed on Tuesday that Equinor has declared an option to extend the contract for AHTS Normand Ferking for one more year, which will keep... Continue Reading →

August 16, 2022 0