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(offshore-energy.biz) Brazil’s deepwater offshore drilling contractor Ventura Offshore has struck a deal with Umas 1 as the seller of a semi-submersible rig the firm decided to acquire last year to make a lump sum payment as a final settlement. Ventura Offshore Midco disclosed at the end of June 2024 the acquisition of the SSV Catarina, the... Continue Reading →
(offshore-energy.biz) Four mobile offshore drilling units (MODUs), made up of drillships owned by Noble Corporation and Stena Drilling, have buckled down and resumed hydrocarbon exploration at the Stabroek block off the coast of Guyana, enabling ExxonMobil Guyana, a subsidiary of America’s oil major ExxonMobil, to stay the course and continue searching for more oil and... Continue Reading →
(offshore-energy.biz) Australia’s oil and gas company Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, which represents the entry into front-end engineering design (FEED), for an oil field discovery in the Santos Basin off the coast of Brazil. While Karoon hired a rig... Continue Reading →
(offshore-energy.biz) Guyana’s Office of the Prime Minister has put its stamp of approval on planned budgetary allocations of $141.45 billion, which is anticipated to lend a helping hand in finishing important projects. As a result, this amount encapsulates a $51.2 billion investment to bolster the country’s flagship gas-to-energy (GtE) project. This sum makes up the lion’s share of a... Continue Reading →
U.S. oilfield services firm Halliburton has secured a contract from Petrobras for integrated drilling services across several offshore fields in Brazil. The contract scope includes drilling services for development and exploration wells over a three-year period. The contract, expected to begin in 2025, represents Halliburton’s largest service contract with Petrobras, the company said, without revealing... Continue Reading →
TotalEnergies has awarded a contract to Stena Drilling for its Stena DrillMax drillship, which will be deployed for work offshore Suriname. As part of the contract, Stena DrillMax will perform managed pressure drilling of one exploration well in Suriname with TotalEnergies EP Suriname. The program, which is expected to start in the second quarter of... Continue Reading →
(offshore-energy.biz) A jack-up rig owned by offshore drilling contractor Valaris is en route to Angola for a drilling contract it secured last year, following preparations in Texas. According to Valaris, after completing a project at the Kiewit Shipyard in Corpus Christi, Texas, the VALARIS 144 rig has embarked on a voyage to Angola for its... Continue Reading →
Posidonia, one of the leading Brazilian companies in the shipping and maritime transportation sector, celebrates the arrival of another vessel to its fleet: the Posidonia Phanther, which docked in Rio de Janeiro this Monday.The PSV 5000 model vessel arrives to integrate the company's strategy of expanding its operations in the Brazilian shipping market, responding to... Continue Reading →
Oceaneering, a global provider of engineered services and products for the offshore energy industry, has placed an initial order for a minimum of 100 units of Exail’s new Octans 9 Attitude Heading Referencing Systems (AHRS). This strategic acquisition underscores Oceaneering's commitment to innovation and operational excellence while significantly enhancing its capabilities in offshore survey and... Continue Reading →
(OE) Norwegian vessel owner and services provider Solstad Maritime Holding has outlined plans to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025. The listing is in line with the company’s previously expressed intention to list within 12 months after completion of its $66 million (NOK 750... Continue Reading →
Brazil Energy Insight 