Transocean’s Quarterly Rig Fleet Report: $745 Million in Drilling Contracts Secured

(OE) Deepwater drilling contractor Transocean shared Thursday its quarterly offshore rig fleet status report, in which it said it had secured $745 million worth of drilling contracts. During the period, the company secured contracts for three drillships: Dhirubhai Deepwater KG1, Deepwater Aquila, and Deepwater Invictus. First, the Dhirubhai Deepwater KG1 drillship was awarded a 60-day extension in... Continue Reading →

Oil Rush in Namibia’s Orange Basin: Galp Prepares for Massive 10 Billion Barrel Oil Hunt as Rig Approaches

(OEE) Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia, near the giant oil discoveries made recently by TotalEnergies and Shell. In May, Galp entered into a contract with SFL Corporation for the semi-submersible rig Hercules. The 115-day contract, prior to any extension option exercise, is... Continue Reading →

Norwegian firm TMC to deliver compressors for SBM Offshore’s new FPSO

(OET) China Merchant Heavy Industries (CMHI) has contracted Norway-headquartered TMC Compressors to deliver the completed marine compressed air system for a newbuild FPSO the Chinese yard is constructing for Dutch FPSO operator SBM Offshore. Under the contract whose value remains undisclosed, TMC will provide a large-capacity marine compressed air system, including compressors for control and... Continue Reading →

Excelerate locks away FSRU to Petrobras on 10-year deal

New York-listed floating regasification specialist Excelerate Energy has secured a 10-year charter deal from Brazil’s Petrobras for the FSRU Sequoia. The agreement, effective January 1, 2024, will see the Texas-headquartered Excelerate continue to deploy the 2020-built unit to provide regasification services in Brazil at the Bahia regasification terminal in Salvador. Excelerate has provided regasification services in... Continue Reading →

Scottish Floating Wind Farm Project Seeks to Reduce Number of Turbines while Keeping Capacity

(OE) The Copenhagen Infrastructure Partners-led Pentland Floating Offshore Wind Farm project in Scotland has submitted an application to vary its Section 36 consent and associated marine licenses as a result of further survey work and advancements in project design.  The S36 Consent and associated marine licenses were granted by the Scottish Government Marine Directorate for... Continue Reading →

Novel Design for Floating Offshore Wind Approved by ABS

(OE) ABS issued an approval in principle (AIP) to ECO TLP and MOCEAN-Offshore BV for a floating offshore wind turbine support structure. The unique design from ECO TLP utilizes slip-formed cylindrical concrete hulls and gravity anchors, which, when combined with a tension-leg mooring system, has a smaller footprint than traditional structures using steel column-stabilized hulls. “Offshore floating wind will play... Continue Reading →

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