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Industry continues chasing big oil, key gas targets also on the radar (OE) Global exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of resource (unrisked). Several gas hotspots are on the industry agenda, whilst the strong appetite for oil exploration... Continue Reading →
(OE) Offshore drilling company Valaris has taken delivery of newbuild drillships VALARIS DS-13 and DS-14 for an aggregate purchase price of approximately $337 million. VALARIS DS-13 and DS-14 will be mobilized from South Korea to Las Palmas in Spain, where the rigs will be stacked until they are contracted for work. The purchase of the... Continue Reading →
Jesper Skjong, Contributor (OE) As 2023 is drawing to a close we would once again invite the readers of Offshore Engineer Magazine to gaze into our crystal ball to see what 2024 might have in store for the offshore support vessel industry. Before diving straight into our forward-looking sentiments however, it is important to address some... Continue Reading →
(OE) Marine geophysical service provider PXGEO on Wednesday announced it has acquired one hundred percent of the share capital of rival AmpSeis, developer of what is said to be the industry's most advanced ocean bottom node. PXGEO described the acquisition as a step forward in its strategy to be the technology leader in the ocean... Continue Reading →
(OET) Norway’s DOF has performed its first-ever offshore ROV mission piloted from onshore, an operation that the company sees as a significant milestone. “I’m enthusiastic about the successful implementation of ROV remote operations and the positive impact this will have on our company’s future. Going forward, we will mature the technology further and commercialise it... Continue Reading →
(OW) OEG Energy Group (OEG) has signed a Sale and Purchase Agreement (SPA) to acquire Dutch subsea and topside services specialist Bluestream Offshore. The acquisition is expected to increase OEG’s subsea and topside capabilities while expanding its operating footprint to be able to pursue further opportunities in the growing offshore renewable industry. Bluestream has a... Continue Reading →
(Z) Petrobras, the Brazilian state-owned energy company, has announced the extension of its existing contracts for two offshore drilling rigs owned by Constellation Oil Services. This news coincides with the launch of two separate tenders for hiring additional well-intervention rigs, demonstrating Petrobras' continued commitment to investments in its offshore operations. Rig Contract Extensions Petrobras has... Continue Reading →
(OE) Norwegian subsea services firm Reach Subsea, together with its Brazilian partner OceanPact, received a notice of contract award from Equinor for combined light construction, IMR (inspection, maintenance, and repair) and survey services on the Peregrino field offshore Brazil. The specific project has a duration of approximately 45 vessel days and is assigned as part... Continue Reading →
(OET) Italian cabling giant Prysmian has secured a contract worth over €100 million with Brazil’s state-owned oil and gas giant Petrobras for the provision of umbilicals and steel tube. Under the contract, Prysmian will deliver 170 kilometers of deep-water electro-hydraulic umbilicals and the related specialized offshore and logistic services. The deep-water steel tube and thermoplastic umbilicals... Continue Reading →
Kongsberg Digital has partnered with Locar, a Brazilian offshore vessel operator, to enhance its digital infrastructure and optimize DP operations. Locar will integrate Vessel Insight, Kongsberg Digital’s vessel-to-cloud infrastructure to derive valuable data insights from their vessels. This implementation aims to provide Locar with a new level of transparency and optimize fleet performance. The initial... Continue Reading →
