OceanXpress, a crew change joint venture between Damen Shipyards Group and Ampelmann, recently secured a two-year offshore support contract in cooperation with Compagnie Maritime Monégasque (CMM) with Petrobras off the coast of Brazil. The Damen Fast Crew Supplier (FCS) 7011 Aqua Helix, equipped with an Ampelmann S-type system, will transport personnel to and from offshore... Continue Reading →
U.S. offshore rig count hits the brakes
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States came to a stop and remained unchanged last week. However, the total number of rigs operating in the U.S. went down to 753 from 760 units during the previous week. After the number of offshore rigs working in the... Continue Reading →
Petrobras sets an annual record in CO2 capture, use and storage with 10.6 million tons registered in 2022
Petrobras set a record in CO2 capture, use and geological storage (the so-called Carbon Capture, Utilization and Storage - CCUS) in 2022, reaching the mark of 10.6 million reinjected tons (equivalent to 5.8 billion m³ of CO2 ). For comparison purposes, this portion corresponds to 27% by volume of the total gas reinjected in our... Continue Reading →
Heerema Installs Substation at Iberdrola’s Baltic Eagle Offshore Wind Farm
Heerema Marine Contractors has installed the offshore substation topside on a four-legged steel jacket foundation at Iberdrola's Baltic Eagle offshore wind farm site in Germany, using its Thialf semi-submersible crane vessel. The offshore substation, built by Iemants-Fabricom, will collect the electricity generated by the Baltic Eagle offshore wind farm turbines and transform the supply voltage... Continue Reading →
TechnipFMC’s 2022 Backlog Hits $9.4B, Driven by Subsea Orders
Oilfield services company TechnipFMC saw 2022 inbound orders grow to $8.1 billion, a 20% growth versus 2021, and its CEO expects more to come in the future. "We are in the midst of a multi-year growth cycle," said Doug Pferdehirt, the Chair and CEO of TechnipFMC. He said that of the $8.1 billion total, majority... Continue Reading →
Subsea 7’s Seven Cruzeiro Vessel to Continue Operating Offshore Brazil until November 2023
Offshore installation services company Subsea 7 said Friday it had won a "sizable" vessel contract with the Brazilian oil company Petrobras. The contract is for the 145.9m pipelay support vessel (PLSV) Seven Cruzeiro off the coast of Brazil. It extends the vessel's current contract from February to November 2023. For Subsea 7, a "sizeable contract"... Continue Reading →
Guyana’s Offshore Oil Potential Draws Attention from Indian Firms
Guyana is working with the Indian government on awarding oil and gas exploration blocks to Indian companies, Vice President Bharrat Jagdeo said on Wednesday. The South American nation, home to one of the largest oil discoveries of the last decade, has also offered 14 offshore exploration blocks in its latest global auction round. Jagdeo said the blocks to be... Continue Reading →
Subsea cable for Mexican oil & gas field ordered from China
Chinese subsea cable manufacturer ZTT Submarine Cable & System has secured a cable design and supply contract with Hokchi Energy, the Mexican subsidiary of Pan American Energy, for a field located in the Gulf of Mexico. The contract covers the design, supply, delivery, and testing of 33.3 kilometers of submarine power cable and spares for the Hokchi... Continue Reading →
TotalEnergies Gears Up for More Offshore Drilling in Namibia after Record-breaking Oil Find
(OE) French oil major TotalEnergies is set to embark on a multi-well appraisal and exploration program offshore Nambia, where it made one of the world's largest oil discoveries in 2022, by drilling the Venus-1x well. According to Impact Oil & Gas Limited, one of TotalEnergies' partners in the offshore acreage in Nambia, the drilling will... Continue Reading →
DOF Subsea to Provide Support for ‘Major’ SURF Project in Brazil
DOF Subsea Brasil, a subsidiary of Norwegian offshore support vessel firm DOF, has secured a charter for its ROV support vessel, Geoholm. DOF said that the 85.7-meter-long vessel and its ROV would be used for a 'major' subsea umbilical, riser, and flowline (SURF) project in Brazil. While DOF did not disclose the client's name, the... Continue Reading →