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(OE) Italian engineering firm Rosetti Marino has completed the construction of jacket and topside for the Fenix wellhead platform, which are now en route to Tierra del Fuego in southern Argentina. Rosetti Marino built Fenix platform’s topside and jacket for TotalEnergies’ Fenix gas development project as part of an engineering, procurement and construction (EPC) contract... Continue Reading →
(OE) Norwegian ocean services provider DeepOcean has acquired digital transformation company Btwn, growing its offering within digitalization and automation of subsea operations. DeepOcean has acquired 100% of the shares in Btwn – pronounced ‘between’ - from the company’s employees for an undisclosed amount. In addition to becoming an integrated part of DeepOcean’s digital innovation team,... Continue Reading →
(OET) In a bid to propel the development of four oil projects forward, Angola-based Azule Energy, a joint venture between BP and Eni, has set its cap on using a digital design and visualization platform from FutureOn, a Norwegian software company specializing in the energy sector, which allows the latter to gain its first foothold in... Continue Reading →
(OET) Brazilian oil and gas player Enauta has restarted production from another well at a field offshore Brazil. Following issues in the subsea pumping electrical system adopted for the FPSO Petrojarl I, Enauta temporarily halted the Atlanta field’s production in July 2023. After the reinstallation of the subsea pumping equipment at one of the wells, production resumed on November 5, with well #5... Continue Reading →
(OE) CRP Subsea, an AIS company, has secured a ‘substantial contract’ for the supply of distributed buoyancy modules (DBMs) to a deepwater oil field project in the Santos Basin, offshore Brazil. CRP Subsea secured was hired by a leading energy technology company, whose name was not disclosed. The company DBMs will be utilised on a... Continue Reading →
(OET) Offshore drilling contractor Diamond Offshore Drilling has confirmed the start of a new assignment for one of its semi-submersible rigs, which is working for Petrobras offshore Brazil. The Ocean Courage semi-sub rig concluded its campaign with Petrobras in Brazil in late September 2023 and mobilized to Guanabara Bay to prepare for its next contract with the Brazilian energy giant,... Continue Reading →
(OE) Offshore drilling company Valaris has secured approximately $1.14 billion in new contracts and contract extensions for its drillships and jack-up rigs across the Americas, Europe and Australia. The $1.14 billion worth contracts were awarded in the last two months of 2023, with the backlog excluding lump sum payments such as mobilization fees and capital reimbursements. These... Continue Reading →
(OE) Portuguese oil and gas company Galp has reported the discovery of light oil in in an exploration well being drilled offshore Namibia with Hercules semi-submersible rig. The news follows Galp’s January 2 update informing about preliminary signs of hydrocarbon presence at the Mopane-1X well, being drilled at Petroleum Exploration License 83 (PEL 83) block in Namibia’s... Continue Reading →
(OET)Thanks to multiple discoveries, Guyana has quickly emerged as a global oil and gas exploration hotspot. In recognition of this, India recently greenlighted the inking of a memorandum of understanding (MoU) between its Ministry of Petroleum and Natural Gas and Guyana’s Ministry of Natural Resources to join forces in the hydrocarbon sector. The two countries... Continue Reading →
(Reuters) - Exxon Mobil's write-down of about $2.5 billion of troubled California properties aims to end five decades of offshore oil production in the state, but a full exit from those assets could take some time. Sable Offshore, a company created in 2020, agreed more than a year ago to pay $643 million for Exxon's... Continue Reading →
Brazil Energy Insight 