The FPSO Atlanta, contracted by the Brazilian oil company Enauta to Malaysia's Yinson for conversion to service the Atlanta Field offshore Brazil, will be operated under ABS Class. The Atlanta, which will serve as the Definity Production System at the Atlanta Field in the Santos Basin, offshore Brazil, is being converted in Dubai Drydocks World,... Continue Reading →
Offshore Drilling Rig Rates Lifted by Pandemic Recovery, Race to Replace Russian Crude
(Reuters) Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production because of the war in Ukraine and a recovery in demand after the COVID-19 pandemic. Drilling companies are in a stronger position to demand higher dayrates for their equipment after several lean years that led to... Continue Reading →
Trident Energy Wraps Subsea Work in Brazil to Boost Pampo Field Output
(OE) Oil and gas company Trident Energy said Thursday it had completed its first Brazilian subsea campaign to connect the MA-34 production well to the P-08 semi-sub platform, as part of its plans to enhance production on its Pampo field. "Trident Energy set to relocate two existing flowlines from our old MA-1 X-tree (one production... Continue Reading →
Chile signs agreements for green hydrogen production
(Reuters) Chile state development office Corfo signed agreements with three companies on Thursday to fund industrial green hydrogen production, which it says could double current production worldwide. The move would boost economic development and help with energy transition and meeting the challenge of decarbonization, Corfo's executive vice president Jose Miguel Benavente said in a statement.... Continue Reading →
Italian court acquits Techint owners in Brazil graft case
(Reuters) - A Milan court on Thursday acquitted a company and its owners who had been accused of bribing an executive at Brazilian energy group Petrobras (PETR4.SA), ruling it had no jurisdiction over the allegations after a trial lasting 18 months. The case had been brought against holding company San Faustin, its owners Paolo Rocca and... Continue Reading →
Subsea 7 wins major EPCI contract with Petrobras
Subsea 7 has won a “major” engineering, procurement, fabrication, installation and pre-commissioning (EPCI) contract by Petrobras for the development of the Búzios 8 field in Brazil. The contract scope includes engineering, procurement, fabrication, installation and pre-commissioning of approximately 126 kilometers of rigid risers and flowlines, 98 kilometers of flexible lines and 88 kilometers of umbilicals and associated infrastructure,... Continue Reading →
Tekmar to Deliver Cable Protection Systems for U.S. Wind Farm
Tekmar Group said Wednesday it had won a significant new contract to provide an integrated engineering solution, including Cable Protection Systems ("CPS"), for an offshore wind farm project in the U.S. The contract is expected to be delivered in 2023, Tekmar said, without sharing info on the identity of the client. Alasdair MacDonald, CEO of... Continue Reading →
Offshore Design Engineering to Provide Topside FEED for ERM Dolphyn Hydrogen Project
Offshore Design Engineering Ltd (ODE) has been selected by ERM Dolphyn to provide topside FEED support to the commercial demonstration phase of the ERM Dolphyn (Deepwater Offshore Local HYdrogeN) project in the UK.The ERM Dolphyn project seeks to produce green hydrogen at scale by utilizing moored floating substructures; each moored structure hosts an offshore wind... Continue Reading →
Maersk Supply Service Wins Offshore Services Deal with Exxon in Angola
Danish offshore vessel owner Maersk Supply Service said Wednesday it had won a long-term contract with ExxonMobil in Angola. The contract is for the provision of project management, engineering, and marine services in support of the development of offshore drilling and production operations offshore Angola in the Block 15. Maersk Supply Service subsea support vessel... Continue Reading →
Prosafe lands another four-year deal in Brazil
Offshore accommodation provider Prosafe has been awarded a contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe was declared the winner of a bidding process launched by Petrobras for the provision of the Safe Eurus semi-submersible unit earlier in May. A potential contract award and the timing of the... Continue Reading →
Brazil Energy Insight 