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Equinor’s new platform in Brazil, Peregrino C, produced its very first oil on 10 October at 20:00 local time. Peregrino is Equinor’s largest operated field outside Norway. Peregrino phase 2 will extend the Peregrino field life to 2040. Phase 2 adds 250-300 million barrels of oil, while at the same time halving expected CO2 emissions per... Continue Reading →
Radix Engineering and Software has closed a R$49 million (~$9.5 million) contract with Petrobras in Brazil to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. The contract will create 50 new jobs. Radix will develop software for two lots of subsea and one lot of wells, marking its return to large... Continue Reading →
A new and very important contract for OneSubsea. The company announced that it signed an agreement that contemplates the installation of 12 underwater Christmas trees in fields that are operated by Petrobras. The contract is valued at between $100 million and $150 million. In addition, OneSubsea is very close to signing another major contract with... Continue Reading →
(U) Shell expects to decide on sanctioning Gato do Mato, its biggest new Brazilian offshore project, within the next three months – after re-evaluating its viability in the light of supply constraints and rising costs in recent months. The UK-based supermajor has been working on contracting arrangements for a project that will feature a floating... Continue Reading →
Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total. The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development of the oil and gas field offshore Ivory Coast located at a 1,200 m water depth.... Continue Reading →
(WO) Radix Engineering and Software closed a R$49 million (approx. $9.5 million) contract with Petrobras to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. Radix will develop software for two lots of subsea and one lot of wells, marking its return to large contracts with Petrobras. The partnership will last for... Continue Reading →
Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding (MoU) to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market.The MoU will explore the opportunities for integrated wave energy, energy storage and power delivery solutions to facilitate... Continue Reading →
Allseas has won a contract with TC Energy (TCE) to install the offshore stretch of the Southeast Gateway Pipeline in the Gulf of Mexico. The 700-kilometer natural gas pipeline will run south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas’ scope covers engineering and construction, as well... Continue Reading →
Offshore engineering and construction firm McDermott International said Tuesday that it secured a "significant" with TotalEnergies EP Angola Block 17/06. McDermott defines a significant contract as between USD $250 million and $500 million. The contract is for engineering, procurement, supply, construction, installation, pre-commissioning, and assistance to commissioning and start-up (EPSCI) on its Begonia project. The... Continue Reading →
Helix Energy Solutions has secured another extension of its well intervention charter and services contracts with Petrobras for the well intervention vessel Siem Helix 2. The two-year extension directly follows Helix’s current contracts with Petrobras and is scheduled to conclude in December 2024. The initial four-year contract between the two companies for the vessel was extended by one... Continue Reading →
Brazil Energy Insight 