Norway-based TMC Compressors has been awarded a contract to deliver a large marine compressed air system for the Brazil-bound FPSO Anita Garibaldi. The FPSO - to be delivered by Japan's MODEC in 2022- will be deployed at Petrobras' Marlim field in the Campos Basin. TMC will deliver a large marine compressed air system to FPSO... Continue Reading →
Wilson Sons invests in an Israeli startup
This initiative seeks to promote innovation and development in the Brazilian port and maritime sector Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, acquired a minority equity participation at Docktech, an Israeli startup. The deal also contemplates a commercial exclusivity agreement to install Docktech's technology throughout Brazilian ports. This new investment is... Continue Reading →
Sparrows scores hat-trick in Angola’s deepwater region
Engineering and maintenance services specialist Sparrows Group has secured one contract renewal and two extensions, worth a seven-figure sum, in Angola to support major operators in the deepwater region. According to Saprrows’ statement on Wednesday, the first award is a three-year renewal to continue with the planned and corrective maintenance of all lifting equipment used... Continue Reading →
Forum Energy Technologies Targets Growth in South America
U.S.-based oilfield products supplier Forum Energy Technologies (FET) said it has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of the business’ long-term growth strategy in South America. Deepsea Technologies provides engineered products and services to the oil and gas industry globally, with a key... Continue Reading →
Keppel wraps up topside integration on SBM’s Liza Unity FPSO
Singapore’s Keppel shipyard has reached a major milestone in the construction of the SBM Offshore-owned Liza Unity FPSO with the completion of the topsides lifting campaign. The China-built Fast4Ward FPSO hull arrived in Singapore in January 2020. In November 2020, Keppel started the topside integration phase on the FPSO. SBM Offshore reported on Tuesday that the topsides lifting campaign... Continue Reading →
Guyana to See Record Number of Offshore Wells Drilled in 2021
Guyana, a country that has become a deepwater oil and gas exploration hotspot mostly due to a string of discoveries made by ExxonMobil in recent years, is set for a record year when it comes to the number of offshore wells expected to be drilled in 2021, Rystad Energy said in a report Friday. Rystad... Continue Reading →
Noble Corp. Nets New Rig Contracts, Extensions. Sees Uptick in Tender Activity
Offshore drilling contractor Noble Corporation has recently secured several drilling contracts and its CEO says there has been an uptick in tender activity in various markets. The company, which in February completed its financial restructuring and emerged from Chapter 11 for which it had filed in August 2020, on Thursday released its fleet status report showing... Continue Reading →
Ocyan bags maintenance and service contract for the Merluza and Mexilhão platforms
Ocyan won a new contract from Petrobras for maintenance activities and offshore services on the Merluza and Mexilhão platforms, in the Santos Basin. The contract will be for the next three years and can be renewed for another 24 months. Initially, 220 workers will be mobilized for the project and the forecast is to reach... Continue Reading →
BW Ideol entering Oslo stock exchange, sets 10 GW target for 2030
BW Ideol, a company established after oil & gas services provider BW Offshore’s bought into the floating wind technology developer Ideol, has applied for admission to the Oslo Stock Exchange and is expected to start trading there around 18 March. Through the offering of shares, for which a day-long bookbuilding period was launched on 11... Continue Reading →
Two oilfield services providers set to create full-cycle player
UK’s Expro Group, an energy services company, and Dutch Frank’s International, an oil services company that provides drilling and completions solutions and services, have entered into a definitive agreement to combine in an all-stock transaction. Upon the closing of the transaction, Expro shareholders will own approximately 65 per cent of the combined entity, with Frank’s... Continue Reading →
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