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Brazilian oil and gas company Enauta has concluded the purchase of an FPSO for the Definitive System of its operated Atlanta field located off Brazil. Following a letter of intent from December 2021, Enauta entered into an agreement with Yinson to buy the FPSO OSX-2 in January 2022. The agreement was contingent on compliance with the agreed... Continue Reading →
Singapore's Keppel Offshore & Marine said Wednesday it had secured contracts worth around S$250 million (~$186 million) for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel, and the "jumboisation" of two Trailing Suction Hopper Dredgers (TSHD). For the first contract, Keppel Shipyard has... Continue Reading →
(OE) FPSO leasing company BW Offshore has decided to recycle the FPSO BW Cidade de São Vicente. The company said it had signed an agreement with Priya Blue Industries yard in India to recycle the FPSO in compliance with Hong Kong Convention. The convention, adopted in 2009, is aimed at ensuring that ships when being... Continue Reading →
(Reuters) - Turning around Siemens Gamesa (SGREN.MC) will take time, the CEO of its majority shareholder Siemens Energy (ENR1n.DE) said on Wednesday, adding that the latest profit warning from the wind turbine maker was "frustrating". Siemens Gamesa, the world's largest maker of offshore wind turbines, is suffering from supply chain issues that have hit several industries as well as... Continue Reading →
Brazilian oil company Enauta has hired the Alpha Star semi-submersible drilling rig to drill the fourth production well at its Atlanta field in the Santos Basin, offshore Brazil. Enauta expects to start drilling in the fourth quarter of 2022. The contract could eventually be extended to include two more wells for Atlanta’s Full Development System.... Continue Reading →
(EV) More than 20 floating production storage and offloading (FPSO) vessels are currently awaiting redeployment across the globe. Data from Westwood Global Energy Group has laid bare how “saturated and complicated” it is to relocate units after their initial work scope has wrapped up. And the market could soon become even more flooded, with 56 planned and... Continue Reading →
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 →
