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Maritime and offshore classification society ABS said Thursday it had brought together leading companies in the Floating Production Storage and Offloading (FPSO) sector to address the safety challenges produced by a fleet where more than half of the FPSO vessels are over 30-years-old and a quarter are over 40-years-old. The working group, consisting of Chevron,... Continue Reading →
Offshore engineering company Aquaterra Energy has completed the engineering design for a renewable-powered Sea Swift offshore platform for DeNovo Energy. The offshore platform is part of the development activity for the Zandolie field, located in the Gulf of Paria, off the west coast of Trinidad, and is scheduled to be installed in Q4 2021. The... Continue Reading →
(OE) The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules. SBM Offshore, which will deliver the FPSO to end client ExxonMobil, said that despite the various challenges posed by the ongoing global pandemic,... Continue Reading →
(OE) The ROV Services market continues to be a key component for helping subsea operators achieve greater levels of operational efficiency and to reduce costs and will play a growing role in supporting the expansion of future offshore wind projects with tasks like laying cables, pre- and post-lay cable survey and other seabed activities. The... Continue Reading →
(PetroleoHoje) In the coming days, TotalEnergies EP will start a new campaign in Brazil. The works will be carried out in the Lapa field, in the Santos cluster, and in the C-M-541 block, located in ultra-deep waters in the Campos Basin, contemplating well abandonment and exploratory drilling activities. The two campaigns will be carried out... Continue Reading →
(PetroNoticias) Tenaris won a new and important contract with Petrobras. The company was chosen to supply a package of tubular products, technologies and services for the third production system in the Mero field, also called Mero 3, in the Santos Basin pre-salt. Tenaris will also provide services through its Rig Direct platform, supporting Petrobras from... Continue Reading →
ExxonMobil has hired offshore services firm Oceaneering for the provision of two surveys offshore Guyana, where Exxon has over the past few years discovered around nine billion barrels of oil. Oceaneering will carry out a towed and autonomous underwater vehicle (AUV) geophysical survey and a shallow geotechnical survey off the coast of Guyana. Oceaneering will... Continue Reading →
(Offshore) Seadrill has reached an agreement with Northern Ocean Ltd. on balances outstanding from Seadrill’s preparation of the semisubmersible drilling rigs West Mira and West Bollsta. Seadrill has reached an agreement with Northern Ocean Ltd. (NOL) on balances outstanding from Seadrill’s preparation of the semisubmersible drilling rigs West Mira and West Bollsta. The settlement closes all outstanding balances, claims,... Continue Reading →
Solstad Offshore has secured a contract with Petrobras for the deployment of its construction support vessel (CSV) Normand Flower on the Brazilian continental shelf. Under the contract, Solstad will support Petrobras’ exploration and production activities. The contract duration is three years firm with 475 days options thereafter, commencing in April 2022. Additionally, Solstad has signed a contract extension... Continue Reading →
SBM Offshore is pleased to announce a EUR150 million (c. US$180 million) share repurchase program, effective from August 5, 2021. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. The repurchase program is expected to be completed within the year 2021, and... Continue Reading →
Brazil Energy Insight 