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Dutch dredging and marine services firm Boskalis raised its full-year core profit forecast on Thursday, pointing to a well-filled order book and favorable market outlook in the short and medium-term. Boskalis, which also offers services and contracting for the oil and gas sector and offshore wind industry, now expects its 2022 earnings before interest, tax,... Continue Reading →
Shareholders of offshore drilling company Noble Corporation have approved the company's proposed plan to merge with the Danish offshore drilling firm Maersk Drilling. "...at the Extraordinary General Meeting of shareholders held today, shareholders approved all proposals related to the previously announced business combination agreement with [Maersk Drilling]," Noble Corp. said Tuesday. According to Noble Corp,... Continue Reading →
Oslo-listed offshore accommodation firm Prosafe said Wednesday it had been declared the winner of a bidding process for a four-year contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel. The contract, subject to a formal process during which other bidders may appeal within the next week, is for safety and maintenance support... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE) warned on Wednesday sales and margins this year would be at the low end of its forecast range due to worsening problems at wind turbine division Siemens Gamesa (SGREN.MC), which has been hit hard by supply chain disruptions. Shares in the company, which was spun off from Siemens (SIEGn.DE) in 2020, fell as much as... Continue Reading →
Offshore drilling contractor Noble Corporation has revealed that its shareholders have endorsed its plan to merge with Maersk Drilling in an all-stock transaction almost unanimously, despite concerns, which were voiced by certain shareholders over this plan in the past. A short time after the two rig owners announced their business combination on 10 November 2021, Cyprus-based S.D.... Continue Reading →
French offshore seismic data services company CGG said Wednesday that it had recently signed an expanded five-year licensing agreement with the Brazilian oil company Petrobras for Geovation seismic processing and imaging software. CGG said the deal would give Petrobras geoscientists access to advanced technology innovations, including full-waveform inversion (FWI), and significantly enhance their imaging capabilities.... Continue Reading →
Ocyan, a Brazilian company operating in the offshore oil and gas industry, signed a new Petrobras contract for the provision of construction & assembly and maintenance services for the replicant FPSOs P-66, P-67, P-68, P-69 and P- 70. The contractual term is four years, with the possibility of extension for another two years. This new... Continue Reading →
Petro Rio S.A. (“Company” or “PRIO”) informs to its shareholders and the market in general that it entered into an agreement with Aquadrill LLC (“Aquadrill”) that gives PRIO the opportunity to acquire the Capricorn semi-submersible rig ("Rig"). The semi-submersible hybrid Rig, suitable for drilling water depths of 80 to 3,000 meters, will be primary used... Continue Reading →
Strohm, the developer of Thermoplastic Composite Pipe (TCP), has signed a memorandum of understanding (MoU) with French renewable hydrogen supplier Lhyfe, to collaborate on the transportation solution for hydrogen produced from a floating wind turbine to be integrated with a hydrogen production system. The partners said that they would collaborate on solutions for hydrogen transport, both onshore... Continue Reading →
Italian energy services group Saipem is working to bring forward a planned 2 billion euro ($2.12 billion) capital increase and carry it out in the summer, CEO Francesco Caio told Il Sole 24 Ore in an interview published on Tuesday. The capital hike is aimed at funding a turnaround plan after the group stunned investors... Continue Reading →
Brazil Energy Insight 