(OE) The specialized vessel Sapura Ônix is on its way to Atlanta Field in Santos Basin, offshore Brazil, where it will carry out the installation of subsea equipment to support the oil production, targeted for August 2024. Brazilian oil and gas company Enauta said the Sapura Ônix vessel is en route to install multiphase pumps... Continue Reading →
Saipem Secures $850M Contract from Eni-BP Joint Venture Offshore Angola
(OE) Italian offshore energy services firm Saipem has secured a contract from Azule Energy, a joint venture between Eni and BP, for the development of Ndungu field as part of Agogo Integrated West Hub Project, offshore Angola. Saipem’s scope of work entails the engineering, fabrication, transportation and installation of approximately 60 km of rigid pipelines... Continue Reading →
CGG Rebrands to Viridien
(OE) French seismic company CGG has changed its name to Viridien. At the Annual General Meeting on May 15, 2024, shareholders approved the resolution to change the company’s corporate name from CGG to Viridien. “Our new name, Viridien, connects our company’s history to our future, confidently positioning us for accelerated growth as an advanced technology,... Continue Reading →
Petrobras to put six FPSOs in operation in 2024 and 2025, while preparing tender for another 10 support vessels
(PN) Petrobras is designing its next offshore projects, making new investments in production units. The company is expected to put into operation six more platform ships (FPSOs) this year and next. In parallel, the company is also preparing a new tender until the end of 2024 to hire ten OSRV-type support vessels (used to recover... Continue Reading →
Oceaneering on track with full-year 2024 expectations
(Offshore-energy.biz) Texas-headquartered Oceaneering International has reported an operating income of $44.2 million for its Subsea Robotics division in the first three months of 2024, a 31% increase compared to the first quarter of 2023. In Q1 2024, Oceaneering reported a net income of $15.1 million on revenue of $599 million, while adjusted net income was... Continue Reading →
Norwegian shipping player’s vessel going to South America
(Offshore-energy.biz) Norwegian vessel operator Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels. Siem Offshore changed its name to Sea1 Offshore following the exit of Kristian Siem and the divestment of nine vessels to Siem Sustainable Energy and related companies. The list of... Continue Reading →
Siem Offshore Rebrands as Sea1 Offshore Following Chairman Exit
(OE) Siem Offshore has changed its name to Sea1 Offshore following an ownership change that saw the company's founder and chairman exit the Norwegian offshore support vessel (OSV) firm. Kristian Siem, longtime leader of Siem Offshore, stepped away earlier this year after reaching a deal to acquire nine vessels in exchange for his 35% stake in the... Continue Reading →
Diamond Offshore Agrees Marketing Rights for Three Drillships
(OE) U.S.-based offshore drilling company Diamond Offshore has secured the marketing rights for three seventh generation drillships - West Dorado, West Draco and West Libra, which will be renamed Tidal Action. Diamond Offshore entered into an agreement with Eldorado Drilling, the owner of the West Dorado and West Draco, to market the rigs in Brazil,... Continue Reading →
CMM Secures Funding to Facilitate Construction of Ethanol-Powered PSV Fleet in Brazil
(OE) Compagnie Maritime Monegasque (CMM) has secured $94 million in financing from Summit Ridge Capital Partners, which will help the company construct pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil. The financing will enable CMM to recompose its shareholder structure and to expand its fleet, the company said. Panorama Capital Partners sourced and... Continue Reading →
DNV to Publish New Offshore Rules and Standards in July
(OE) Classification society DNV said it is set to publish its new set of rules and standards for the offshore industry. The new rules, which cover several segments, including underwater systems and installations, offshore units, diving systems, structural design, and drilling systems, will be published in July and enter into force on January 1, 2025.... Continue Reading →