Japan’s FPSO provider MODEC is moving to the engineering, procurement, construction, and installation (EPCI) phase for ExxonMobil’s floating production storage and offloading vessel (FPSO), which will work on the U.S. energy giant’s recently sanctioned fifth offshore development project in Guyana. MODEC disclosed on Monday, 8 May 2023, that it would proceed with engineering, procurement, and construction on the Uaru FPSO, following a final... Continue Reading →
Singapore’s Seatrium to Build Two Substations for U.S. Offshore Wind Farm Projects
(OE) Singapore's Seatrium, through its subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind, a joint venture between Equinor and BP. The contract award follows the completion of the FEED (Front-End Engineering and Design) contract secured by... Continue Reading →
NOV Wins New Contract to Supply Wind Turbine Installation Vessel Design to Havfram
NOV has signed a new contract with China's CIMC Raffles to supply another GustoMSC™ NG-20000X self-propelled wind turbine installation jack-up vessel design for Havfram, an offshore wind services company based in Norway, which recently ordered its second wind turbine installation vessel from CIMC. According to NOV, the NG-20000X-HF vessels are among the largest wind installation... Continue Reading →
Noble drillship cleared to operate offshore Mexico
(OM) Noble Corp drillship Noble Globetrotter I should start a contract offshore Mexico shortly following an extended permitting delay, the company said in its latest results statement. As for other vessels in the company’s 16-strong fleet, the Noble Gerry de Souza has sailed from the US Gulf of Mexico (GoM) to Nigeria. Noble Discoverer is due to begin a one-well contract... Continue Reading →
Vallourec combines steel tube manufacturing, low CO2 footprint
(OM) The 10-year long-term agreement between Vallourec and ExxonMobil Guyana began in 2022 with the Yellowtail project, Vallourec announced May 3. The customer will utilize Vallourec’s line pipe products and its suite of digital solutions. Yellowtail is a deepwater project based in the Stabroek Block, more than 100 miles off the coast of Guyana. In 2022 Vallourec... Continue Reading →
Noble rig hits oil-bearing intervals off Guyana and JV partners hike up cost estimates to finish drilling ops
(OED) Partners in the Corentyne block – Canada’s CGX Energy and Frontera Energy – have revised the total cost estimate for an exploration well, which recently found oil-bearing intervals, and its drilling programmed offshore Guyana, which is being carried out by a Noble-owned rig. Back in February 2022, Frontera and CGX disclosed a plan to spend... Continue Reading →
FutureOn expands its reach into Latin America with multi-year contract award from Petrobras
FutureOn, the global energy software company, has secured a multi-year contract with Petrobras to license its groundbreaking digital design and decision-making platform, FieldTwin. The major Brazilian oil and gas company will leverage the platform to spearhead the digital transformation of its subsea operations. FieldTwin will disrupt the current subsea workflow, enabling Petrobras’ teams to accelerate... Continue Reading →
North Sea Renewables Grid Project to Provide Clean Power to Offshore Oil and Gas Platforms
(OE) Cerulean Winds plans to build an offshore integrated green power and transmission system, powered by floating wind, that North Sea oil and gas platforms will plug into for clean power, under the project called the North Sea Renewables Grid (NSRG), Cerulean and partner Frontier Power International will develop three 333km2 sites of hundreds of floating... Continue Reading →
Aker Solutions Secures Sizable Order for Deepwater Technology in West Africa
TotalEnergies has awarded Aker Solutions a contract to provide its deepwater standard Subsea Production Systems for three additional infill wells tied back to the Moho Nord field in the Republic of the Congo. Aker Solutions said the order was a sizable one. Aker Solutions defines a sizeable contract as being between NOK 0.5 billion (currently... Continue Reading →
Saipem to Deliver Subsea Structures for Exxon’s Most Expensive Offshore Oil Project in Guyana
Italian offshore energy services firm Saipem has received from ExxonMobil the authorization to proceed with the final phase of its contract related to the delivery of subsea systems for the Uaru oil field development project in Guyana. In December 2022, pending regulatory approvals, Saipem was awarded a large contract by ExxonMobil Guyana for the Uaru oil field... Continue Reading →