Brought to you by Quest Offshore & Southern Cone Consultants
Danish offshore drilling contractor Maersk Drilling has revealed that one of its drillships has been named floater rig of the year by Shell, a UK-headquartered energy giant, thanks to a drilling campaign in Brunei. In a statement on Friday, Maersk Drilling announced that Shell has named Maersk Viking its 2021 Global Rig of the Year in the Floater... Continue Reading →
McDermott has held the christening ceremony for its newly converted Amazon vessel in the Port of Rotterdam, the Netherlands. The vessel has undergone a “sophisticated” conversion from a construction vessel into an ultra-deepwater J-Lay vessel as part of McDermott’s global deepwater subsea strategy. The upgraded specifications enable highly automated operations, the production of hex joints from single or... Continue Reading →
Malaysian oil and gas services provider Sapura Energy secured new contracts with a total value of RM2.7 billion or about $613 million in 2Q FY2023, attributing this to its shift in bid strategy. Sapura Energy revealed on Thursday that its Drilling and Engineering & Construction (E&C) business segments, through its subsidiaries and joint-venture, have secured “six... Continue Reading →
Global energy supermajor ExxonMobil and its partners Hess and CNOOC have made an astonishing number of high-quality oil discoveries in offshore Guyana. In April 2022 Exxon announced that it made three more discoveries in the 6.6-million-acre Stabroek Block, where it is the operator holding a 45% interest with 30% owned by Hess and the remaining 25% held... Continue Reading →
Marine geophysical service provider PXGEO has secured a contract with Petrobras for a 3D ocean bottom node (OBN) survey in Brazil. The survey, to be acquired in water depths up to 2,200 metres, is scheduled to commence in late 2022, with a duration of approximately four months. According to the company’s CEO, Duncan Eley, this will be... Continue Reading →
By: Philip Lewis (OE) Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion... Continue Reading →
As the stamp of high oil prices in the first half of the year engraves its mark on oil market fundamentals, Westwood Global Energy, an energy market research and consultancy firm, points out the signs of an uptick in offshore exploration and production (E&P) investment and rig count, expecting the demand for offshore support vessels... Continue Reading →
Oilfield services giant Schlumberger and offshore installations specialist Subsea 7 have agreed to renew their Subsea Integration Alliance for a further seven years. Subsea Integration Alliance is a an alliance between Subsea 7 and Schlumberger’s OneSubsea subsea technologies, production and processing systems business, under which the two companies jointly design, develop and deliver integrated subsea... Continue Reading →
(Reuters) - Ecuador's state-run oil company Petroecuador on Thursday launched an auction for private companies to bid for a flagship offshore natural gas field, aiming at increasing the Andean country's production. Petrocuador is looking for a partner for exploring and developing the Amistad natural gas field, at the nation's Guayaquil Gulf, currently producing 24 million... Continue Reading →
(PEN) In a year with a record number of new contracts and solid results, the Brazilian CBO Group advanced in ESG (Environmental, Social and Corporate Governance) practices and published its first Sustainability Report, 2021 version. , investment in energy efficiency actions and the waste reduction results promoted by the Visão Verde Program. The maritime support... Continue Reading →
