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Offshore accommodation provider Floatel International has secured another contract for one of its units, this time with Norway’s Equinor for operations in Brazilian waters. Floatel informed on Tuesday that Equinor Brasil Energia had awarded a contract to Floatel Victory to provide maintenance and safety unit (MSU) services alongside Peregrino floating production storage and offloading unit... Continue Reading →
Prysmian Group has secured a contract to provide deep-water electro-hydraulic umbilicals and specialized offshore and logistic services to Petrobras. Italian cabling company is to deliver 350 kilometres of high-end deep-water electro-hydraulic umbilicals using both steel tube and thermoplastic technology. The umbilicals will be engineered, produced, tested and delivered in the period from 2022 to 2025... Continue Reading →
Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday. Seadrill is trying to emerge from its second U.S. Chapter 11 bankruptcy in four years:... Continue Reading →
Italian cabling giant Prysmian has set up a target to achieve net-zero for its global operations between 2035 and 2040, as well as for its value chain emissions by 2050. Prysmian announced the commitments as part of its new Climate Ambition and Social Ambition frameworks. In terms of Climate Ambition, the plan is to reach... Continue Reading →
South Korean shipbuilder Samsung Heavy Industries (SHI) has announced plans to enter the renewables market with the development of a large-scale floating wind turbine. The shipbuilder has received an Approval in Principle (AiP) from classification society DNV for its Tri-Star Float, a 9.5-MW offshore wind floater. SHI is hoping its turbine technology will be selected... Continue Reading →
The economic recovery of Brazil’s ultra-deepwater oil and gas market is underway, according to a recent report by Evercore ISI. In its latest Offshore Rig Market Snapshot (July 2021), the consulting firm noted that three term floater contracts were signed for Brazil over the week ending July 15, with Petrobras renewing two ultra-deepwater drillships and... Continue Reading →
Finland-based marine and energy equipment maker Wärtsilä expects the third quarter of the year to be better than the corresponding one of 2020 but has warned that prevailing market conditions make the outlook uncertain. The company made the statement Tuesday as part of the release of its second-quarter results. In the second quarter of 2021,... Continue Reading →
(Reuters) - Halliburton Co (HAL.N) on Tuesday reported a 33.5% jump in second-quarter profit from the previous three months, as a rebound in crude prices from pandemic lows buoyed demand for oilfield services. Global crude prices climbed 18.2% in the quarter ended June 30 and are up about 37% since the start of the year. The bump... Continue Reading →
(epbr) The investments announced for the construction of plants producing green hydrogen (H2V) in Brazil already total more than US$ 22 billion, all concentrated in ports — Pecém, in Ceará, Suape, in Pernambuco, and Açu, in Rio de Janeiro. These ports combine a series of strategic factors for the development of the new H2V chain,... Continue Reading →
Fully electrical completion of wells is the main focus of the two companies, which combine expertise to provide integrated solutions in this area Ouro Negro and Superior Energy Services announce a strategic partnership to provide integrated solutions in the area of wells, especially in more complex environments, such as pre-salt and ultra-deep waters. By adding... Continue Reading →
