Borr Drilling Nets Offshore Rig Work in Mexico

Offshore drilling contractor Borr Drilling received a Letter of Award for one of its jack-up rigs from an unnamed international oil company for additional work in Mexico.  "The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days, adding revenues of USD 15.7 million," Borr said in... Continue Reading →

More work for Floatel as Equinor books Victory

Offshore accommodation provider Floatel International has secured another contract for one of its units, this time with Norway’s Equinor for operations in Brazilian waters. Floatel informed on Tuesday that Equinor Brasil Energia had awarded a contract to Floatel Victory to provide maintenance and safety unit (MSU) services alongside Peregrino floating production storage and offloading unit... Continue Reading →

Océole: New Floating Wind Player Formed in France

Norwegian energy giant Equinor has teamed up with RES and Green Giraffe to form Océole, a company dedicated to developing floating offshore wind in France.  Océole will evaluate and work towards submitting bids in the upcoming floating offshore wind tenders held by the French government, Equinor said Tuesday. "Establishing this partnership is in line with... Continue Reading →

PetroRecôncavo’s good phase could get even better

PetroRecôncavo continues to deliver positive results in its operations, creating an attractive growth potential with the clusters it already has. In Safra's opinion, the company should keep up the good pace – or even create more value with the acquisition of new areas. "In our view, PetroRecôncavo should be able to continue delivering good results... Continue Reading →

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