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Engineering and technology group, Technip Energies has acquired a 16.3% stake in X1 Wind, a startup that has designed "an innovative and disruptive" offshore wind turbine floater. Technip Energies is the lead investor in this funding round, which also counts with the participation of the European Commission-owned European Innovation Council (EIC) Fund, advised by the... Continue Reading →
Norwegian seismic exploration company Shearwater GeoServices has signed a licensing contract with Brazil’s Petrobras for its Reveal geophysical software. Under the deal, Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools, including time, depth, multicomponent, time-lapse 4D processing and advanced imaging offered by the Reveal software platform. The agreement, characterized by... Continue Reading →
Malaysian FPSO supplier Yinson has won a contract with Brazil's Petrobras for the delivery of an FPSO for the deployment at the Parque das Baleias Integrated Project, to be installed in the Jubarte Field, located in the north of Campos Basin, offshore Brazil. Petrobras has signed contracts with Yinson's subsidiaries for the chartering and provision... Continue Reading →
(PetróleoHoje) Shell and the BW Offshore / Saipem consortium are close to concluding the contracting of the FPSO of Gato do Mato, a unit that should start operating between 2024 and 2025. Sources involved confirmed to PetróleoHoje that, after months of negotiations, Modec is out of the process and that the award of the contract... Continue Reading →
Houston-based Vaalco Energy has completed its first of four wells in the 2021/2022 drilling campaign offshore Gabon and brought it into production with strong initial flow rates. The Etame 8H-ST development well was drilled from the Etame platform in the Etame field. This sidetrack well targeted existing Gamba hydrocarbons in the field that have not... Continue Reading →
Constellation secured a new charter contract for Olinda Star. The Brazilian group closed a deal with ONGC, guaranteeing 16 months of chartering, after presenting a best price in the bidding conducted by the oil company. The two companies signed a letter of intent at the end of January, but the rig should only start operating... Continue Reading →
Italian energy services firm Saipem, which on Monday issued a profit warning that sent its shares down to historic lows, on Friday appointed Eni's Alessandro Puliti as General Manager of the company. Born in Florence in 1963, Puliti has served as General Manager of the Natural Resources Division at the Italian oil firm Eni, Saipem's... Continue Reading →
Norwegian offshore vessel operator Solstad Offshore has secured several contracts for its construction support vessels. The contracts, for deployment in the North Sea, Brazil and West Africa, will have a combined total length of 640 days, with additional extension options available upon expiration. The total value of the contracts, which will see Solstads CSVs Normand Maximus, Normand... Continue Reading →
OceanPact has contracted TMC Compressors (TMC) to deliver the marine compressed air system for two anchor handling tug supply vessels (AHTS). The Brazilian shipowner has upgraded two of its recently acquired AHTS – Rochedo de São Pedro and Rochedo de São Paulo – and will retrofit new marine compressors onboard. TMC will supply new compressors to each of the two vessels. Both... Continue Reading →
(PetroleoHoje) Petrobras will contract an exclusive 4D seismic campaign with streamer and gravimetric and magnetometric data for the Tartaruga Verde and Tartaruga Verde Sudoeste fields, in the Campos Basin. The company launched a tender for the acquisition of mapping covering an area of 246 km², in water depths from 100 to 1,600 m. Tender for... Continue Reading →
