Brought to you by Quest Offshore & Southern Cone Consultants
Norwegian shipbuilder Vard has launched a 171-meter-long cable laying vessel (CLV) Monna Lisa, being built for Prysmian, marking another major milestone towards the delivery of the vessel, scheduled for 2025. Prysmian executives gathered at the VARD shipyard in Tulcea, Romania to celebrate the launching of the new CLV Monna Lisa, the sister ship to the... Continue Reading →
The platform ship Marechal Duque de Caxias arrived in Brazil today, 05/27, from China, heading for the Mero field in the pre-salt Santos Basin. The platform of the FPSO type (floating production, storage, and transfer unit) can produce up to 180,000 barrels of oil and compress up to 12 million cubic meters of gas, all... Continue Reading →
(offshoreWIND.biz) Ørsted and the US shipbuilder Edison Chouest Offshore (ECO) officially christened the first-ever US-built service operations vessel (SOV), ECO Edison, at the Port of New Orleans on 11 May. The construction of the vessel started in March 2022 at ECO’s shipyard in Louisiana, where ECO marked a 50-per cent completion milestone in April last year. The SOV... Continue Reading →
(OilNow) Øivind Tangen, Chief Executive Officer of SBM Offshore said that the company’s latest award for the Jaguar floating production, storage and offloading (FPSO) vessel is its first to be based on a sale-and-operate model. Jaguar is its fifth for ExxonMobil Guyana. The other orders were based on a lease-and-operate model. In the company’s latest... Continue Reading →
Barry Parker, Contributor (OE) Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin, Eastern Mediterranean and Asia,” Rystad wrote, noting that “the trend... Continue Reading →
(PN) Yinson announced that the FPSO Maria Quitéria departed the Cosco Shipping Heavy Industry shipyard, in China, heading to Brazil. The vessel is expected to arrive in the country during the second quarter of 2024 and will be installed in the Jubarte field, in the northern part of the Campos Basin. The FPSO will be... Continue Reading →
(OE) Compagnie Maritime Monegasque (CMM) has secured $94 million in financing from Summit Ridge Capital Partners, which will help the company construct pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil. The financing will enable CMM to recompose its shareholder structure and to expand its fleet, the company said. Panorama Capital Partners sourced and... Continue Reading →
(OE) Seatrium has secured a topsides integration contract from MODEC's company Offshore Frontier Solutions for the Errea Wittu floating production storage and offloading (FPSO) unit. The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu, and includes completion and commissioning support for MODEC. The FPSO will be... Continue Reading →
Contributor: Philip Lewis is Director Research at Intelatus Global Partners (OE) At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs. SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time,... Continue Reading →
Jesper Skjong, Contributor (OE) Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly. While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly... Continue Reading →
Brazil Energy Insight 