(OE) Following a competitive tender process, energy technology company SLB has secured a new contract with Petrobras for providing integrated services across all of its offshore fields in Brazil. SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs. The... Continue Reading →
TechnipFMC slots first subsea piece into Guyanese waters for ExxonMobil’s fifth oil project
(offshore-energy.biz) UK-headquartered energy technology provider TechnipFMC has put the first equipment part of a subsea production system in place for an oil development at the Stabroek block, which ExxonMobil Guyana Limited, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, operates off the coast of Guyana. ExxonMobil hired TechnipFMC in May 2023 to provide a subsea production... Continue Reading →
JDR Cables secures major contract from DEME for largest US wind project
JDR Cable Systems (JDR), the global subsea cable and umbilical supplier and service provider, part of the TFKable Group, has been awarded a significant contract by DEME Offshore to support Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project. JDR's comprehensive scope of work covers 176 wind turbines and three offshore substations. It includes pull—in, termination,... Continue Reading →
McDermott Secures FEED Contract for Repsol’s Deepwater Fields Off Mexico
(OE) McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México for the Polok and Chinwol field development project in the Gulf of Mexico. Under the contract scope, McDermott will provide comprehensive FEED services for the project's engineering, procurement, construction, and installation (EPCI) of subsea, umbilicals, risers, and flowlines (SURF). "Our... Continue Reading →
New pipeline milestone for natural gas project in Brazilian waters
Norwegian energy giant Equinor has tucked a new steel pipe production milestone under its belt for its upcoming natural gas project off the coast of Brazil. Equinor marked the occasion by hosting a celebration at Confab, Tenaris’ welded mill in Brazil’s Pindamonhangaba to commemorate the completion of steel pipe production for the Raia project. With over 99%... Continue Reading →
Brava Energia: Signing of Contracts for Integrated Campaign in Atlanta and Papa-Terra, with option for Malombe
BRAVA ENERGIA (“BRAVA”) (B3: BRAV3) (“Company”) informs its investors and the market in general that the Company signed, in November, the main contracts for the first integrated development campaign in Atlanta and Papa-Terra, with an option to develop Malombe through a tieback (subsea connection) to Peroa. The campaign will begin in 4Q25, with the first... Continue Reading →
Subsea7 reports US$321 million in adjusted EBITDA in Q3 24, up 59% year-over-year
(TN) Subsea7, a global leader in delivering offshore projects and technology for the energy sector, closed the third quarter of 2024 with solid operational and financial performance. Between July and September, the company achieved US$321 million in adjusted EBITDA, up 59% year-over-year, resulting in an adjusted EBITDA margin of 18%, up from 13% in Q3... Continue Reading →
TDI-Brooks wraps up seabed coring project for Suriname’s national oil company
(offshore-energt.biz) U.S.-based TDI-Brooks International, contracted by GeoPartners, has finalized a seabed survey project for Staatsolie Maatschappij Suriname, the country’s national oil company. According to TDI-Brooks, the Suriname Seabed Piston Coring project involved the acquisition, processing, and interpretation of seep data, encompassing multibeam and coring operations over a 45,000 square kilometer area on the Suriname continental... Continue Reading →
Ventus Energy Enters US Offshore Wind Market
(OE) U.K.-based high voltage (HV) engineering specialist Ventus Energy has launched its U.S. entity with two East Coast locations to further support the rapidly growing offshore wind industry in the United States. Operating as Ventus Energy Incorporated, the primary office is located in Brooklyn, New York, within the Industry City complex, placing it close to... Continue Reading →
TechnipFMC to Supply Subsea Trees for Suriname’s First Oil and Gas Field
(OE) TechnipFMC has been secured an integrated engineering, procurement, construction, and installation (iEPCI) contract by TotalEnergies for its GranMorgu project on Block 58, the first oil and gas development offshore Suriname. The project will combine TechnipFMC’s subsea architecture with Saipem’s EPCI solutions and best-in-class pipelay capabilities - notably J-Lay, the optimal solution given the location... Continue Reading →