OTC 2024: Petrobras CEO stresses importance of partnerships during energy transition

(OM In a jam-packed, standing-room-only session at the Offshore Technology Conference (OTC), Petrobras President and CEO Jean Paul Prates emphasized that synergy is the lifeblood of the industry and that collaboration with suppliers and investors will leverage the sector and pave the way for an energy transition without leaving behind workers, service providers, contractors or... Continue Reading →

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

(OE) Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs). Sapura Energy has through the joint ventures owned by Seabras Sapura Holding and Seabras Sapura Participações, in collaboration... Continue Reading →

PXGEO Acquires Modus Subsea Services

(OE) Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering. Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention drones (UID) based on the Saab Sabertooth platform. The company has also developed and commercialized... Continue Reading →

TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off Guyana

(OE) Oilfield services company TechnipFMC has secured a ‘large contract’ from ExxonMobil to supply subsea production systems for the Whiptail development in Guyana’s Stabroek block. TechnipFMC will provide project management, engineering, and manufacturing to deliver 48 subsea trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment. For TechnipFMC, a... Continue Reading →

Atlanta FPSO Sets Sail for Brazil

(OE) Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in Santos Basin, offshore Brazil. After the conclusion of the activities in Dubai and sea trials, the unit set sail toward Brazil, with the travel time estimated... Continue Reading →

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