(OE) Industrial technology company Tracerco has secured a contract from Technip to deliver its measurement and control solutions profiler for the multi-phase subsea separation work on Petrobras’ Mero 3 High Pressure Separator (HISEP) pilot project in the Brazilian pre-salt oil region. Tracerco will supply its Tracerco Profiler instrument, which has been redesigned to deliver critical... Continue Reading →
DOF terminates vessel contract in Mexico due to payment default
(offshore-energy.biz) In the announcement, DOF further revealed its plans to have the vessel fitted with two of its remotely operated vehicles (ROVs) and pursue opportunities in the global subsea market. The 2018-built Skandi Implementer was designed for subsea construction, inspection, repair and maintenance (IRM) and ROV services up to 3,000 meters of depth. The 137.6-meter-long... Continue Reading →
$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025
(offshore-energy.biz) Despite the challenges hitting the fossil fuel industry, demand for hydrocarbons remains steady, as confirmed by the global engineering, procurement, and construction (EPC) contracting activity across the offshore oil and gas landscape. The batch of new projects, which are expected to reach the EPC stage this year, will lead to awards worth billions of... Continue Reading →
JDR supports cutting-edge IceCube neutrino research in Antarctica’s extremes
JDR Cables, the global subsea cable supplier and service provider, part of the TFKable Group, has secured a landmark contract from Michigan State University to supply and coordinate the delivery of custom-engineered cables for an upgrade to the IceCube Neutrino Observatory, an advanced international research project in Antarctica dedicated to studying subatomic particles called neutrinos.... Continue Reading →
XOCEAN closes €115 million financing to support ongoing growth
( offshore-energy.biz) Ireland-based XOCEAN has secured €115 million in funding to support the growth in the offshore energy and civil hydrography sectors. The Irish ocean data company closed the financing round with support from S2G Ventures, Climate Investment (CI), Morgan Stanley’s 1GT fund, and CC Industries (CCI), a Crown Family affiliate. XOCEAN operates a fleet... Continue Reading →
TotalEnergies Prepares to Start Drilling in Suriname
(oilprice.com) TotalEnergies will start drilling for oil and gas in Block 64 offshore Suriname in May, a company executive told Reuters this week, saying the company was currently tallying the final tab for the project and organizing the future well operations. TotalEnergies has a 40% stake in Block 64, which it shares with QatarEnergy and Malaysia’s Petronas, both with... Continue Reading →
Guyana tops rankings in total oil discovered since 2015 – Rystad Energy
(oilnow.gy) Since 2015, Guyana has emerged as the global leader in oil discoveries, with unmatched volumes boosting its position in the energy sector, according to Rystad Energy. The Norway-based intelligence company ranked Guyana against 19 other countries. They estimate that Guyana’s recoverable resource is over 13 billion barrels of oil equivalent (boe) since the initial... Continue Reading →
Prosafe’s Safe Zephyrus Accommodation Rig to Stay Offshore Brazil
Offshore accommodation rig provider Prosafe has signed a contract extension with Petrobras for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support offshore Brazil. The original 650-day firm period was due to complete in February 2025, but has been extended by 954 days, bringing in $109.7 million to Prosafe. The extension... Continue Reading →
Exail announces first sale of DriX O-16 transoceanic Uncrewed Surface Vessel
Exail is proud to announce the first sale of its DriX O-16, a transoceanic Uncrewed Surface Vessel (USV). Designed for long-range maritime operations, it has been acquired by an Indo-Pacific customer operating in the civil sector. Equipped with advanced sensors, including a full-depth Multibeam Echosounder, the DriX O-16 enables operators to collect precise data for... Continue Reading →
Allseas delivers 700-kilometer natural gas pipeline off Mexico
(offshore-energy.biz) Allseas has completed its offshore pipelay commitments for a 700-kilometer-long natural gas pipeline in Mexico ahead of schedule, for its client TC Energy. The Southeast Gateway 36-inch natural gas pipeline runs south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas delivered the pipeline in 11 months, which... Continue Reading →