JURONG SHIPYARD WILL MAKE MODIFICATIONS AND INTEGRATION TO THE P-71 PLATFORM IN A US$175 MILLION ADDITION

(PetroNoticias) Sembcorp Marine, through its wholly-owned subsidiary Estaleiro Jurong Aracruz (EJA), won an Addendum to the Tupi BV Contract valued at approximately US$ 175 million for modification works to be completed on FPSO P-71. Originally designed for the Tupi field, the FPSO P-71 will undergo modifications and integration for deployment in the Itapu field. The... Continue Reading →

P-80 Bid Delayed

(PetroleoHoje) The contracting of the P-80, FPSO that will make up the 9th unit in Buzios, should only take place in 2022. Less than two months after releasing the bid notice for the acquisition of the new unit in the cluster field under the EPC regime, Petrobras has postponed the delivery date of the proposals... Continue Reading →

Baker Hughes to become net-zero company by 2050

Oilfield services major Baker Hughes has announced the release of its 2020 Report on Corporate Responsibility which outlines its corporate strategy for a sustainable energy future. Baker Hughes said on Thursday that it supported the objectives of the Paris Climate Agreement, and it believes that the private sector has a crucial role to play in... Continue Reading →

Fugro completes Seabed Geosolutions divestment

Fugro has completed the divestment of certain assets and the related business of its non-core subsidiary Seabed Geosolutions to PXGEO for $16 million in cash. PXGEO acquired Seabed’s ocean bottom node inventory, handling equipment, related technology, intellectual property, and project backlog. In addition, PXGEO informed that a significant number of personnel responsible for the delivery of... Continue Reading →

ExxonMobil Hires PGS for 4D Survey Offshore Guyana

Norwegian offshore seismic surveyor PGS has been awarded a 4D seismic acquisition contract by ExxonMobil for work offshore Guyana. PGS will deploy a Titan class seismic acquisition vessel in the fourth quarter of 2021 with the acquisition slated for completion in the first quarter of 2022.  President & CEO in PGS, Rune Olav Pedersen said: "We... Continue Reading →

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