(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 →
ROV Services Market Update
(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 →
TotalEnergies Drilling Again in Brazil
(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 →
TENARIS HAS BEEN CONTRACTED BY PETROBRAS TO PROVIDE TUBULAR SOLUTIONS FOR MERO 3
(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 Hires Oceaneering for Offshore Surveys in Guyana
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 →
Seadrill, Northern Ocean settle rigs dispute
(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 CSVs to support Petrobras and Prysmian ops
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 announces share repurchase
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 →
Subsea 7 sees continued pickup offshore Brazil, GoM
(Offshore) Subsea 7 has issued updates on its offshore energy activities in its 2Q results review. Subsea 7 has issued updates on its offshore energy activities in its 2Q results review. Offshore China, the company completed work on CNOOC’s Lingshui project using the Seven Borealis and Seven Eagle vessels. In the Norwegian sector, the Seven Arctic installed umbilicals for Aker BP’s Ærfugl Phase 2-Skarv tieback... Continue Reading →
Floating wind development could incorporate green hydrogen
Simply Blue Energy and Subsea 7, the consortium behind the proposed Salamander floating wind project, have signed an MOU for potential incorporation of ERM’s Dolphyn hydrogen technology. Simply Blue Energy and Subsea 7, the consortium behind the proposed 200-MW Salamander floating wind project, have signed a memorandum of understanding for potential incorporation of ERM’s Dolphyn hydrogen... Continue Reading →