Brought to you by Quest Offshore & Southern Cone Consultants
Thanks to the award of a long-term charter contract, Norway’s DOF Group has secured work in Brazil for one of its anchor handling tug supply (AHTS) vessels. DOF disclosed on Wednesday, 25 January 2022, that Petrobras has awarded a four-year firm charter contract to its Brazilian affiliate, Norskan Offshore, for the AHTS Skandi Ipanema to operate as AHTS-TS... Continue Reading →
Vallourec has signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions. The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialized physical and digital services, representing a volume of supply above 110kt of products and accessories. These products, associated accessories, and physical and digital services will support... Continue Reading →
(OWB) Half of the US offshore wind energy projects in the pipeline are at risk of being delayed beyond 2030 because of limited port and vessel infrastructure and domestic manufacturing, according to a new report co-authored by the National Renewable Energy Laboratory (NREL) and the Business Network for Offshore Wind. The US has set the... Continue Reading →
(OE) Norwegian company PGS, best known for its seismic survey services in the offshore oil and gas sector, said Wednesday it had scored its first offshore wind contract. The company said it had secured its first ultra-high resolution offshore wind farm site characterization project, marking its debut in "a strategically important new energy market." "PGS... Continue Reading →
TechnipFMC said on Tuesday that the Brazilian oil company Petrobras had awarded it a large master services agreement for subsea services. For TechnipFMC, a “substantial” contract is between $250 million and $500 million. The three-year contract has an option to extend for two years. TechnipFMC will provide life-of-field services to support its installed base offshore... Continue Reading →
(Reuters) - European Union leaders will give clearance in February for work on new EU funding for the green tech industry to counterbalance subsidies in the United States and China, as well as more flexible use of existing funds and looser state aid rules. The draft conclusions for the Feb 9-10 EU leaders' summit, seen... Continue Reading →
Rovco, a UK provider of subsea robotics and integrated survey, has signed an initial three-year charter party agreement with Glomar Offshore for the multi-purpose support vessel Glomar Supporter, as part of its growth strategy within its site characterization business unit. Rovco has pointed out that the charter agreement with Glomar Offshore marks a significant step... Continue Reading →
(Reuters) Halliburton Co surpassed Wall Street profit estimates for the fourth quarter on Tuesday, wrapping up a mixed start of earnings season for the world's top oilfield services providers as elevated oil prices boosted drilling activity. Brent crude averaged $88.62 a barrel during the fourth quarter, up about 11% from a year earlier, as sanctions... Continue Reading →
(OE) With the creation of a full-fledged U.S. offshore wind industry undoubtedly comes many opportunities for those that own, operate, build and service relevant vessels as developers work toward the nation’s goal of 30 gigawatts (GW) of offshore wind by 2030. But for every opportunity there are at least a handful of challenges, many of... Continue Reading →
(Reuters) - Baker Hughes Co (BKR.O) missed a fourth-quarter profit estimate on Monday as the oilfield services firm navigated challenges including component shortages, supply chain inflation and disruptions caused by Russia's invasion of Ukraine. Drilling activity picked up in 2022 in response to elevated oil prices but the pace remains slower than pre-pandemic levels as several energy... Continue Reading →
Brazil Energy Insight 