Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

(Offshore-energy.biz) Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of contract awards last year, taking its backlog... Continue Reading →

Petrobras informs on dividend payment

Petróleo Brasileiro S.A.- Petrobras, in continuity with the Material Fact disclosed on March 7, 2024, informs that the Annual General Meeting (AGM), in a meeting still in progress, approved the remuneration to shareholders for the 2023 Fiscal Year, in the total amount of R$ 94,354,315,809.82. This amount includes the prepayments approved throughout 2023 and paid... Continue Reading →

Operators consider novel rig deals to limit day rates

(OM) Offshore rig rates hit a nine-year high last year, according to a report from Westwood Global Energy Group subsidiary RigLogix. Day rates for jackups, semisubmersibles and drillships averaged $118,000, $368,000 and $419,000, respectively, 54% up on the figures for 2021. However, the inflationary prices, caused by a combination of higher global rig demand, rising rig use... Continue Reading →

Petronoticias Exclusive: Seatrium advances in negotiations with Petrobras on the construction of FPSOs P-84 and P-85

(PN) Petronotícias published an exclusive investigation report into the outcome of the Petrobras tender to contract the P-84 and P-85 platforms, for the Atapu and Sépia fields, respectively, in the pre- salt from the Santos Basin. After a few months of negotiations, Seatrium (a company formed by the merger between Sembcorp Marine and Keppel Offshore)... Continue Reading →

Petrobras projects investments of more than US$ 70 billion in exploration and production with demands for the shipbuilding and offshore industry

Petrobras estimates investments of around US$ 73 billion in exploration and production activities and will allocate part of this investment to demands addressed to the naval and offshore industry, with actual construction opportunities in Brazil. The projects related to these demands include oil platforms, maritime support vessels, cabotage vessels, and the sustainable disposal of units.... Continue Reading →

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