After Subsea7, DOF’s large subsea construction vessel on charter with Petrobras

(offshore-energy.biz) A flexible, large subsea construction vessel owned by Norwegian DOF Group has been contracted on a four-year term charter with Brazil’s oil & gas company Petrobras. Under the contract valued at approximately $165 million, Skandi Salvador will operate with two work-class remotely operated vehicles (ROVs) and a subsea crane, with delivery expected in December.... Continue Reading →

DOF Group ASA Financial Report for Q2 2025

Aug. 20 - DOF Group ASA's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million).  The operating profit (EBIT) is USD 150 million (USD 111 million).  Net financial gain amount to USD 10 million (USD -91 million) including unrealized currency gain of USD... Continue Reading →

Petrobras Looks to Increase Production at Three FPSOs

Aug.18 (Reuters) Brazilian state-run oil firm Petrobras is looking to increase production at three floating offshore production platforms (FPSO) it operates in the country, the head of Exploration and Production, Sylvia dos Anjos, said on Monday. Production at the firm's Almirante Tamandare FPSO in Buzios field could increase from the current 225,000 barrels of oil per day... Continue Reading →

Inyanga Marine Energy Group appoints new Chair

Aug. 18 - Inyanga Marine Energy Group has announced that Martin Murphy has been appointed as Chair of the Board. Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership background in large international corporations and as an entrepreneur, with... Continue Reading →

Saipem Milestone in Guyana Yellowtail Project

Aug. 18 (OE) Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., located in approximately 1,800m of water within the Stabroek Block offshore Guyana. Awarded the contract in 2022, Saipem undertook the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilical, Riser, and Flowline (SURF)... Continue Reading →

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