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In 3Q22, Petrobras kept a solid operating performance, with average production of oil, NGL and natural gas reaching 2.64 MMboed, virtually in line with 2Q22. Results in 3Q22 fully contemplate the impacts of the production sharing contracts related to the Transfer of Rights Surplus Volumes of Atapu and Sepia - which became effective on May... Continue Reading →
The Norwegian offshore seismic survey services company PGS has been awarded a 3D exploration acquisition contract. PGS said that the contract was in Namibia, with "a major energy company." The company said it would use the Ramform Titan vessel for the survey, with the acquisition expected to complete mid-February 2023. "PGS has many years of... Continue Reading →
(OE) Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a lower-carbon future, the company said on Monday. The nearly 100-year-old firm, originally named after its founding family, has become a giant in oilfield services and equipment such as drilling and... Continue Reading →
(EV) Shell is harnessing talent from its offshore oil and gas division to progress two major Scottish floating wind farms. The supermajor’s UK business manager for offshore wind, Melissa Read says they are “transitioning across” a lot of upstream skill to propel the Marram and Campion projects. Both floating wind schemes were secured alongside partner ScottishPower Renewables, a subsidiary of... Continue Reading →
Denmark-based offshore wind installation services firm Cadeler said Friday it had signed a letter of intent with a "blue chip" client. The client is looking into the possibility of using one of Cadeler's two O-class wind turbine installation vessels "over a long period of time," according to Cadeler. Cadeler has two O-class jack-up units -... Continue Reading →
Offshore drilling company Borr Drilling said Thursday that its joint venture company in Mexico (Perfomex) had entered into new contracts for the company's five premium jack-up rigs. The rigs in question are the "Galar", "Gersemi", "Grid", "Njord" and "Odin" and the contracts are with OPEX Perforadora S.A. de C.V. and Perforadora Profesional Akal I S.A.... Continue Reading →
(Reuters) - Top oilfield services provider Schlumberger Ltd (SLB.N) reported a 64.9% jump in third-quarter profit on Friday that topped Wall Street expectations as a surge in oil and gas prices led to more drilling activity. Oil and gas producers are looking to increase production as crude prices stay near eight-year highs, boosting demand for Schlumberger's equipment,... Continue Reading →
Norwegian DOF Subsea has secured a three-year contract for two multipurpose support construction vessels (MPSVs) with Esso Exploration & Production Guyana. DOF Subsea will perform inspection, maintenance, and repair (IMR), well-intervention support, and light subsea construction activities to support the “growing” subsea infrastructures in the Stabroek Block offshore Guyana. The two MPSVs, featuring 250-ton AHC cranes and work-class... Continue Reading →
Gazelle Wind Power, the developer of a hybrid modular floating offshore wind platform, said Thursday it had received the results of its basin model tests at the Environmental Hydraulics Institute-University of Cantabria (IHCantabria) facilities in Spain. According to Gazelle, the test report, witnessed by DNV and Safier Ingenierie, verified the feasibility of the Gazelle platform’s... Continue Reading →
(OE) InterMoor said Thursday it had secured the engineering design scope and the transportation and installation study for two upcoming offshore floating wind farms offshore Asia. The company, a brand in Acteon’s Engineering, Moorings and Foundations Division, said that one wind farm comprised 50-80 turbines, each of 15MW capacity, totalling a capacity of 750- 1200MW,... Continue Reading →
Brazil Energy Insight 