Shearwater unveils seismic source technology for deeper imaging

Norwegian seismic exploration company Shearwater GeoServices has unveiled a new seismic source technology for enhanced subsurface characterization known as Harmony. The technology provides seismic surveys with enhanced low frequencies enabling better decisions for exploration, development, and carbon storage monitoring applications, Shearwater said. According to the company, Harmony has multiple applications, as it provides deeper seismic... Continue Reading →

October 19, 2021 0

TECHNIPFMC PRESENTS BEST PROPOSAL FOR BUZIOS 7 SURF

(PetroleoHoje) TechnipFMC may be close to winning yet another SURF (underwater collection system) contract with Petrobras. The group presented the best proposal in the Brazilian oil company's bid for the 7th module in Buzios, in the Santos cluster, with a value of R$ 5.7 billion. TechnipFMC's offer was ahead of proposals by Saipem, with a... Continue Reading →

October 19, 2021 0

USA Adds 10 More Rigs

(Rigzone) The United States has added 10 rigs week on week, according to Baker Hughes latest rotary rig count, which was released on October 15. The ten rigs added week on week comprised nine land rigs and one offshore rig. The total U.S. rig count now stands at 543, comprising 529 land rigs, 12 offshore... Continue Reading →

October 19, 2021 0

Halliburton posts Q3 profit as higher oil prices fuel drilling demand

(Reuters) - U.S. oilfield firm Halliburton Co (HAL.N) on Tuesday posted its third consecutive quarterly profit, as a jump in oil prices and drilling activity boosted demand for its services and equipment. Oil prices have rallied to multi-year highs with global crude futures climbing 4.5% in the quarter ended Sept. 30, helped by OPEC+'s decision to maintain... Continue Reading →

October 19, 2021 0

Petrobras charters Subsea 7 pipelay trio

Subsea 7 has secured long-term day-rate contracts with Petrobras for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun. Seven Waves will commence the new contract in the first quarter of 2022, Seven Rio in the second quarter of 2022 and Seven Sun in the third quarter of 2022. Each contract comprises a firm three-year period... Continue Reading →

October 19, 2021 0

Shearwater scores offshore South Africa

Norwegian seismic exploration company Shearwater GeoServices has secured a contract to carry out a “major” 3D seismic exploration survey offshore South Africa. The survey will be acquired by the Amazon Warrier and will cover more than 6,000 sqkm of 3D seismic data. The project is planned to last for approximately four months. According to Shearwater, the Amazon class... Continue Reading →

October 18, 2021 0

INEOS to Invest $2.3B in Green Hydrogen Plants

INEOS, Europe's largest Hydrogen producer, said on Monday it would invest more than 2 billion euros ($2.3 billion) on electrolysis plants to make zero-carbon green hydrogen across Europe. The first plants will be built in Norway, Germany and Belgium over the next 10 years, with others planned in the UK and France, the company said... Continue Reading →

October 18, 2021 0

Esgian: Seadrill’s Fleet Value Plunges

(OE/Hans Jacob Bassoe ) Earlier this year, Seadrill filed for chapter 11 for the second time since 2017 and on Monday it announced that more than 88% of the secured lenders accepted the reorganization plan. At the end of October, Seadrill’s plan will be delivered to the court and, if confirmed, it could exit chapter 11... Continue Reading →

October 18, 2021 0

CONSTELLATION CLOSE TO WINNING TWO NEW CONTRACTS WITH PETROBRAS

Constellation is about to win two new charter contracts for the semi-submersible rigs Gold Star and Lone Star with Petrobras. The deal comes from the tender for the charter of one or more low specification units for operation in 2,400 meters of water depth, the result of which was released on Wednesday (13/10). The result... Continue Reading →

October 16, 2021 0

TotalEnergies Drilling World’s Deepest Offshore Well Using Maersk Voyager Drillship

French oil major TotalEnergies has exercised an option for Maersk Drilling's drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days, which means that Maersk Voyager is now contracted until February 2022. The work on Ondjaba-1 began in October 2021, after... Continue Reading →

October 15, 2021 0