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Feb.20 - DOF Group ASA's (“DOF” or the “Group”) revenue for 4th quarter (management reporting) totals USD 577 million (USD 445 million) and EBITDA totals USD 220 million (USD 152 million). The operating profit (EBIT) is USD 174 million (USD 190 million) and includes reversal of impairment of USD 9 million (USD 98 million). Net financial... Continue Reading →
Feb. 20 - Petrobras is close to advancing in a tender to contract the supply of up to 523.2 kilometers of electro-hydraulic umbilicals, including accessories, four termination units (UTAs), as well as the rental of reels and the signing of an agreement for the sharing of an area intended for the storage of materials. The... Continue Reading →
Feb. 20 (OE) Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel. AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue to perform services as a Subsea Equipment Support Vessel (SESV) for Petrobras in Brazil. The contract, valued at... Continue Reading →
Feb. 17 (OE) DOF Group ASA announced the award of a substantial contract for a project in Argentina. The project is scheduled for offshore operations across two campaigns in Q2 and Q3-Q4 of 2026 and will encompass mooring pre-lay, pipeline end manifold installation/construction management, tie-in spools installation, hook-up and pre-commissioning of two CALM buoys, and... Continue Reading →
Feb. 12 (OE) BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore production, carbon capture and direct export to convert surplus natural gas into lower-carbon fuel. The floating production, storage and offloading (FPSO) concept is designed to process up to 3 million cubic meters of gas... Continue Reading →
Feb. 3 (oilnow.gy) Data collected from new 3D marine seismic surveys across deepwater offshore blocks left unawarded or unresolved in Guyana’s first oil and gas auction will soon play a key role in establishing the country’s first Petroleum Data Repository. The Guyana government first signalled plans to operate a petroleum data repository in 2023, citing concerns that... Continue Reading →
Jan. 30 (brasilenergia.com.br) Petrobras launches tender for the supply of up to 518.3 km of flexible pipelines of the riser and flowline types. The bid also includes reel rental and area sharing agreement for reel and material storage, as well as supervision, assembly, engineering and logistics services. The tender is divided into two lots: the... Continue Reading →
Jan. 23 (OE) Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project. DeepOcean’s scope of work encompassed trenching and surveying of the inter-array cables that connect turbines to the offshore substations. These critical operations ensure the long-term protection and stability of the subsea cable... Continue Reading →
Jan. 19 (OE) DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana. Under the contract, DOF’s North America subsea team will deliver project management, engineering, procurement, logistics, transportation... Continue Reading →
Jan. 16 - Vessels Contracted by Saipem Are Already En Route to the Campos Basin to Begin Construction of Gas Pipeline Spliethoff, a company based in Amsterdam, has been contracted by the Italian company Saipem to provide engineering, drilling, and construction services for the Raia project gas pipeline in the Campos Basin. The Dutch company... Continue Reading →
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