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(OE) Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has signed a memorandum of understanding (MoU) with Sea Horizon Offshore Marine Services, which will act as its representative in the Middle East region. Sea Horizon Offshore, with its broad network of local partners, will represent Jumbo Offshore to potential clients in... Continue Reading →
(PN) While still awaiting approval to drill in the Foz do Amazonas Basin, Petrobras is advancing its exploratory program at another point in the so-called Equatorial Margin. This month, the company began drilling a new well in block POT-M-762, in the Potiguar Basin, 79 km off the coast of the state of Rio Grande do... Continue Reading →
(OET) Offshore drilling contractor Valaris has landed a batch of new contracts and extensions across multiple geographies with Petrobras, Equinor, Harbour Energy, TotalEnergies, Shell, Ithaca Energy, Eni, undisclosed operators, and Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental (Oxy). These deals will enable three floaters and six jack-ups in the rig owner’s fleet to undertake... Continue Reading →
(Reuters) - Italian cablemaker Prysmian (PRY.MI), opens new tab has shifted around management in Brazil and Latin America as it gears up local plants to boost supply to the electricity sector and future offshore wind farms in the region, the company told Reuters. Raul Gil Boronat, who led Prysmian in Brazil, took over as CEO for Latin... Continue Reading →
(OE) NOV reports its Lifting & Handling group has sold what is said to be the industry’s first-ever electric subsea crane. The order was booked at the end of 2023 with an undisclosed client in Europe, NOV said. The first-of-its-kind crane offers enhanced efficiency compared to electro-hydraulic cranes, helping lead to reduced vessel emissions, the... Continue Reading →
(OE) Copenhagen Infrastructure Partner (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for floating offshore wind projects in South Korea. Haewoori floating offshore wind 2 and 3 projects, each rated at 500 MW, are located off the coast of Ulsan. As part of the scope, Aker Solutions... Continue Reading →
(OE) Italian cable maker and installation services provider Prysmian Group has secured three contracts with German transmission system operator Amprion worth around $5 billion, for two offshore grid connection systems - BalWin1 and BalWin2 - and the underground cable project DC34. The contracts follow the selection of Prysmian as preferred bidder in August 2023. The... Continue Reading →
(OET) With the current energy ecosystem in mind, Japan’s FPSO operator MODEC has unveiled its new, mid-term business plan, covering the period from 2024 to 2026, which spotlights the Japanese player’s intention to further strengthen the profitability of its core FPSO business, strategically invest funds to decarbonize its FPSO units, develop new opportunities, and bolster... Continue Reading →
(OE) Wintershall Dea and its partners TotalEnergies and Pan American Energy have completed the installation of the Fénix platform offshore Argentina. The platform was installed around 60 kilometer off the coast of Tierra del Fuego, in 70-meter water depth. Given the size of the project, the logistics and the installation of the 4,800-ton platform were... Continue Reading →
(OE) Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America. Under the contract, DeepOcean will plan and execute a wide range of subsea activities, including subsea construction and jumper installations as well as subsea... Continue Reading →
Brazil Energy Insight 