(PetroleoHoje) McDermott will be responsible for the campaign to replace part of the flexible risers in the Tupi field with rigid lines. After months of negotiations, the company and Petrobras reached an agreement to contract the service, after the group presented the lowest price in the oil company's bid. Officially, the two companies do not... Continue Reading →
Subsea 7-OHT link-up gathers executive team
Subsea 7 has revealed the proposed executive team for Seaway 7, the company set to be created by the planned combination of OHT and Subsea 7’s Renewables business unit. Seaway 7 will be managed by an experienced executive team led by Stuart Fitzgerald as chief executive officer (CEO). Current OHT CEO Torgeir E. Ramstad will... Continue Reading →
BW Energy’s Gabon Offshore Oil Find Smaller than Expected
Oslo-listed oil and gas company BW Energy's recently announced offshore oil discovery in Dussafu Block in Gabon is smaller than expected. The company in August said it had discovered oil in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block, offshore Gabon, but the size estimate would have to wait until the drilling has... Continue Reading →
Solstad Offshore Wins Deals for 7 PSVs in West Africa
Norwegian offshore vessel owner Solstad Offshore said Friday it had secured contracts for seven platform supply vessels. Without sharing the client identity Solstad Offshore said the new medium-term contracts were secured in West Africa. Solstad said it had signed letters of agreement with "key clients for 7 PSVs", all with start-up in the fourth quarter... Continue Reading →
Hurricane Ida aftermath: Shell platform suffers damage, most of the output offline
Oil major Shell has reported that one of its Gulf of Mexico platforms has been damaged in Hurricane Ida and 80 per cent of the company’s operated production in the Gulf is still offline. Shell conducted an initial flyover of its assets in the path of Hurricane Ida. During this initial flight, Shell observed damage... Continue Reading →
Noble declares force majeure on damaged drillship
Offshore rig owner Noble Corporation has declared force majeure on the Noble Globetrotter II ultra-deepwater drillship following damages sustained as a result of Hurricane Ida. A number of crew members were injured during the storm. As previously reported, the vessel encountered severe weather during Hurricane Ida and Noble is working on plans to bring the drillship... Continue Reading →
TechnipFMC selling stake in Technip Energies
TechnipFMC is selling 7.6 million Technip Energies shares through a private sale transaction with HAL Investments, the Dutch investment subsidiary of HAL Holding. The sale price of the shares in the sale is set at €11.15 per share, yielding total gross proceeds of €196.2 million. Upon completion of the sale, TechnipFMC retains a direct stake... Continue Reading →
Bourbon to Support Shell’s Exploration Campaigns in Namibia and Sao Tomé
Offshore vessel owner Bourbon has secured a contract with Shell to provide international freight forwarding, integrated logistics services, and platform supply vessel services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé. The project scope covers the international shipment and clearance of Shell's and its subcontractors’ equipment from Houston to Walvis Bay,... Continue Reading →
Noble Drillship Damaged by Hurricane Ida
(OE) The U.S. Coast Guard said on Wednesday it is responding to a drillship that reportedly sustained damage as Hurricane Ida ripped through the Gulf of Mexico and into Louisiana as a Category 4 storm. The agency said it was notified during the storm that the ultra-deepwater drillship Noble Globetrotter II had been damaged, and... Continue Reading →
Offshore Equipment Firm Dril-Quip Names New CEO
Offshore drilling equipment specialist Dril-Quip, has named Jeffrey J. Bird as its new President and Chief Executive Officer. Effective as of January 1, 2022, he'll replace Blake T. DeBerry, who will step down at that time. DeBerry will continue to serve as Chief Executive Officer and as a member of the Board until December 31,... Continue Reading →
Brazil Energy Insight 