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(PetroleoHoje) At the end of April, Petrobras will start a drilling campaign in Colombia. The activity will be carried out in the Tayrona area, located in the deep waters of the Guajira Basin. The activity will be carried out by Transocean's Development Driller III rig, which began to be towed to the location last week.... Continue Reading →
(PN) Oil States Brasil announced the signing of a new and important contract with Petrobras. The new agreement covers the provision of maintenance services on hydro-pneumatic pumps, instrumentation valves, regulating valves, directional valves, selector valves, high pressure valves and hydraulic filters with service and spare parts. The contract will last for three years. “Among the... Continue Reading →
Offshore accommodation rig provider Prosafe has won a bidding process for a four-year contract with Petrobras for the supply of a semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe, which plans to deploy the Safe Notos semi-submersible floated for the contract, said that a potential contract award and timing of the contract award... Continue Reading →
(OE) If awards were given for dominating the sustainable energy spotlight, offshore wind (OSW) would surely be in line for top honors. Consider: Big money: BOEM’s February sale of New York Bight offshore wind development rights drew a record $4.37 billion in developers’ bids. Not only is that real money, but just as critically, “This... Continue Reading →
The major will proceed with Yellowtail, its largest Guyanese project to date (PE) ExxonMobil has taken FID on the Yellowtail development offshore Guyana, following government and regulatory approvals. The major expects Yellowtail, its fourth development in the prolific Stabroek block, to produce around 250,000bl/d starting in 2025. Yellowtail has an estimated recoverable resource of 900mn... Continue Reading →
Offshore drilling contractor Valaris has secured new contracts and extensions, with an associated contract backlog of $181 million. A notable update from the rig owner relates to a drillship contract in the Gulf of Mexico, which has now been novated from TotalEnergies to Equinor. Valaris informed on Wednesday that it has secured two-year contract extensions... Continue Reading →
Brazilian shipping company Grupo CBO has inked new deals for three platform supply vessels (PSVs) with the Brazilian subsidiary of Norway’s state-owned giant Equinor. Brazil’s offshore vessel operator CBO informed on Tuesday that it has signed contracts with Equinor for three PSVs 4500 with a duration of three years plus two additional one-year options for further extension. The... Continue Reading →
SBM Offshore is pleased to announce that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the Yellowtail development project located in the Stabroek Block in Guyana. Under these contracts, SBM Offshore will construct, install and then lease and operate the ONE GUYANA FPSO for... Continue Reading →
Oslo-listed FPSO leasing company BW Offshore has entered into a short-term contract extension for the Espoir Ivoirien FPSO, moored offshore Ivory Coast. The vessel's firm contract with CNR is scheduled to expire in 2022, but there are extension options available that could see the vessel busy in Ivory Coast until 2036. "BW Offshore has entered into a... Continue Reading →
Oil major ExxonMobil has sanctioned its fourth and largest to date oil development on its operated Stabroek Block located offshore Guyana, which will be developed with the largest FPSO vessel on the block so far. According to a Monday update from its partner Hess, ExxonMobil made a final investment decision to proceed with the development... Continue Reading →
