Brought to you by Quest Offshore & Southern Cone Consultants
(OE) Norwegian offshore vessel operator DOF Group has secured work for two of its subsea vessels offshore Brazil. DOF’s Skandi Achiever diving support vessel has been awarded an offshore service and survey contract in Brazil in support of a SURF project with operations planned to start in early May and covering three campaigns during 2025.... Continue Reading →
(OE) Subsea Integration Alliance, a partnership between Subsea7 and SLB OneSubsea, has secured engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger project offshore Trinidad and Tobago. For the Ginger EPCI project, Subsea7 will supply a diver-installed tie-in system, a flexible production flowline, and associated infrastructure. SLB OneSubsea will deliver four standardised... Continue Reading →
Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia. The Capricornus 1-X well, spudded on February 17, using Noble Corporation’s Noble Venturer drillship, reached total depth on April 2, successfully penetrating the Lower Cretaceous target. The well found... Continue Reading →
(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has achieved a revenue of $675 million in the first quarter of 2025, a 13% increase year over year, outperforming expectations due to “resilient utilization of remotely operated vehicles (ROVs) and strong vessel activity”. For Q1 2025, Oceaneering reported an operating income of $73.5 million, a... Continue Reading →
(Reuters) Dutch geological data specialist Fugro it would cut more jobs and shift focus to different business segments after confirming a drop in first-quarter revenue on Thursday, hit by a pause in new U.S. offshore wind projects. The company also cited a highly volatile global market environment. Sales fell 11.1% to 450 million euros ($510.12... Continue Reading →
(Reuters) - Italian energy contractor Saipem said on Wednesday its first-quarter core earnings jumped 31% year on year driven by the group's offshore engineering and construction activities. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 351 million euros ($398.00 million), beating an analyst consensus of 339 million euros compiled by LSEG. The... Continue Reading →
(OE) French tubular solutions supplier Vallourec has secured a contract with Allseas to supply line pipes for Búzios 10 offshore project located at the Búzios field, operated by Petrobras. The contract represents nearly 18,000 tons of subsea seamless premium carbon steel line pipes, for the risers and flowlines. It also includes an optional scope of... Continue Reading →
(offshore-energy.biz) Prysmian’s new cable laying vessel (CLV) Monna Lisa has been loaded for the first time with submarine cable, destined for what will become the largest U.S. offshore wind farm once operational. Prysmian reported two days ago that submarine cable for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project was being loaded on Monna Lisa... Continue Reading →
(offshore-energy.biz) UK provider of remotely deployed subsea inspections, TSC Subsea, has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines, covering both flowline and riser sections at depths of up to 3,000 meters. According to TSC Subsea, the contract, which will run from 2025 to... Continue Reading →
(offshore-energy.biz) Australia’s oil and gas company Karoon Energy has set its cap on finding a partner ahead of making a final investment decision (FID) for an oil field discovery in the Santos Basin off the coast of Brazil. The firm is moving forward with the next stage of development, which includes the entry into the... Continue Reading →
Brazil Energy Insight 