- Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award by Corio and TotalEnergies of a FEED contract for a floating wind development in South Korea. The Gray Whale 3 project is a 504MW development located around 60 to 70 kilometres offshore from Ulsan. The basic design contract will be executed in... Continue Reading →
Enauta invests US$ 1.2 billion in FPSO Atlanta, scheduled to start operating in 2024
(TN) Enauta, one of the main independent oil and gas exploration and production companies in Brazil, reinforces its operations team, especially for its project to expand production in the Atlanta field (Santos Basin). The company has hired Executive Manager Ricardo Abi Ramia, who will take care of the wells, subsea and subsea facilities. With more... Continue Reading →
Petrobras receives operating license for Rota 3
The Brazilian Institute of the Environment (Ibama) granted the operating license for the shallow maritime and terrestrial sections of the Rota 3 gas pipeline. As a reminder, the Rota 3 Integrated Project covers the gas pipeline and the Natural Gas Processing Unit of the Gaslub Hub. Rota 3 has a total length of approximately 355... Continue Reading →
Fugro, OICL look into standardized offshore control system for safe remote ops
Fugro and the Ocean Industries Concept Lab (OICL) at Oslo School of Architecture and Design have teamed up to explore ways to harmonise maritime design by integrating digital innovation in next-generation workplaces for safe remote operations. Fugro and OICL have been looking into the application of the open-source OpenBridge user interface design system to streamline... Continue Reading →
Boskalis Lifts Profit Outlook as Demand for Offshore Wind Grows
(Reuters) Dutch dredging and marine services firm Boskalis on Thursday slightly raised its 2022 profit outlook after a half-year earnings beat, as the West seeks to replace Russian gas with other energy sources. The group, which offers marine services and contracting for the oil and gas sector and offshore wind industry, reported core profit (EBITDA) of 292... Continue Reading →
Enauta Restarts Production from Atlanta Field
Brazilian oil company Enauta has brought back online oil production from the Atlanta field, following a planned downtime. Enauta had said earlier this month that the gradual output resumption would take place by mid-August when a new water treatment and equipment unit that underwent maintenance in the period would be commissioned and complementary services carried... Continue Reading →
Report: August shaping up as big month for floating rig contracts
(OM) Halfway through the month of August, contracts for floating rigs are significantly outpacing contacts for jackups, according to Evercore ISI’s latest Offshore Rig Market Snapshot. Of the 17 rig contracts announced so far this month, floater contracts outnumber jackup almost 2-to-1 with the average term more than six times longer at 1.2 years versus... Continue Reading →
FEED Contract Awarded for Ulsan Gray Whale 3 Floating Wind Farm in S. Korea
Technip Energies, in consortium with Subsea 7 and Samkang M&T, has been selected by Corio Generation and TotalEnergies to perform a Front-End Engineering Design (FEED) for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the East Coast of South Korea. The FEED contract covers engineering for floater, mooring, and inter-array cable (IAC) in collaboration with a wind turbine supplier. The design of the floating foundation will include Technip Energies’ in-house floater technology INO15. With a capacity of 15 megawatts, INO15 technology is a three columns semi-submersible floater suited for large series production. The... Continue Reading →
Magseis Fairfield Wins OBN Survey Work with ExxonMobil in Guyana
(OE) Oslo-listed marine seismic survey firm Magseis Fairfield has signed a contract with ExxonMobil for a large Ocean Bottom Node (OBN) project offshore Guyana, where ExxonMobil has so far discovered 11 billion barrels of oil. The project is expected to be conducted using our ZXPLR technology and last for a minimum of 14 months. “We... Continue Reading →
ODITC Becomes Guyana’s First Firm for Oil & Gas Training with OPITO Certification
ODITC, a joint venture (JV) between Guyana’s Orinduik Development Incorporated, Windsor Technologies, and 3t EnerMech, has become the first organization in the country to be approved to deliver OPITO accredited training to oil and gas workers. The 3t EnerMech Guyana Training Centre of Excellence, developed by ODITC, has been established to support the region’s growing need... Continue Reading →