Category: Offshore Activity

Petrobras -10 Questions and Answers about the Pre-Operational Test in the Equatorial Margin

Aug. 25 - The Pre-Operational Test (POT), conducted by Ibama, is the final stage of the environmental licensing process for drilling in block FZA-M-59, in deep waters off Amapá, in the Equatorial Margin. See below the answers to the main questions about this simulated exercise. What is the POT? The Pre-Operational Test (POT) is the final stage of the environmental licensing process conducted... Continue Reading →

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After Subsea7, DOF’s large subsea construction vessel on charter with Petrobras

(offshore-energy.biz) A flexible, large subsea construction vessel owned by Norwegian DOF Group has been contracted on a four-year term charter with Brazil’s oil & gas company Petrobras. Under the contract valued at approximately $165 million, Skandi Salvador will operate with two work-class remotely operated vehicles (ROVs) and a subsea crane, with delivery expected in December.... Continue Reading →

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DOF Group ASA Financial Report for Q2 2025

Aug. 20 - DOF Group ASA's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million).  The operating profit (EBIT) is USD 150 million (USD 111 million).  Net financial gain amount to USD 10 million (USD -91 million) including unrealized currency gain of USD... Continue Reading →

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Saipem Milestone in Guyana Yellowtail Project

Aug. 18 (OE) Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., located in approximately 1,800m of water within the Stabroek Block offshore Guyana. Awarded the contract in 2022, Saipem undertook the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilical, Riser, and Flowline (SURF)... Continue Reading →

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