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(OM) Demand for floating and jackup rigs is ramping up worldwide, with operators particularly active for drilling campaigns in the “golden triangle” of the US Gulf of Mexico, Africa and Brazil, according to Evercore ISI’s latest Offshore Rig Market Snapshot. The oilfield services investment consulting firm based its analysis on 1Q 2024 earnings results. In the US,... Continue Reading →
(TN) Subsea7, a global leader in the delivery of offshore projects and technology for the energy sector, confirmed, after a competitive process, the signing of four long-term daily rate contracts for engineering vessels (PLSVs) with Petrobras. The agreements, which will begin next year, have a combined value of more than US$1.25 billion and will be... Continue Reading →
(OE) Norwegian seismic firm PGS has obtained all permits for the start of the large Petrobras’ 4D survey over the Barracuda Caratinga fields, offshore Brazil. The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has issued the final permit for the large 4D survey over the Barracuda Caratinga fields and the survey is about... Continue Reading →
(OE) Offshore services firm Subsea 7 has been awarded a ‘super major’ contract by Petrobras for the development of the Búzios 9 field offshore Brazil. The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 kilometres of rigid risers and flowlines for the steel lazy wave production system. The exact value of the... Continue Reading →
(OM) PGS has received approval from regulatory authority ANCAP to reprocess and rejuvenate its Uruguay MC3D GeoStreamer dataset. The survey 3DUR12, acquired in 2012, covered 15,600 sq km across the prospective offshore Pelotas Basin. It identified potential stratigraphic traps in the Syn-rift and Post-rift sequences. Reprocessing should help redefine exploration frontiers in this region, PGS said. The company’s... Continue Reading →
(Offshore-energy.biz) UK-headquartered CRP Subsea, part of AIS, has found a new assignment off the coast of Brazil, which will enable it to deploy its modular buoyancy modules on a deepwater oil field development in the Santos Basin. This deal, which CRP Subsea describes as a “sizable” one from an undisclosed firm it deems to be a “major” engineering, procurement, construction,... Continue Reading →
( Offshore-Energy.biz)Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet utilization rate for April 2024 alongside insights into the vessel activity during the first quarter of the year. The firm recorded a 56% fleet utilization in April 2024, somewhat lower than the level reported for January, but higher than the utilization rate... Continue Reading →
(OE) Norwegian seismic company PGS has teamed up with Onward, an energy innovation platform, to offer on-demand seismic data interpretation. The collaboration that facilitates on-demand data interpretation provided by Onward, which leverages its technical capabilities to enhance PGS' existing MultiClient and Data OnDemand services and accelerate interpretation workflows. Onward and PGS now offer subscribers of... Continue Reading →
(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 →
(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 →
