Seatrium secures $400 million sustainability-linked credit facility

(offshore-energy.biz) Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB). Seatrium stated that the credit facility, secured through its wholly owned subsidiary Seatrium Financial Services (SFS), aligns with the sustainable finance framework and includes revolving credit features that will enhance the company’s... Continue Reading →

SBM Offshore’s fifth Guyana-bound FPSO enters drydock

(offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at... Continue Reading →

Strohm Wraps Up Deepwater TCP Trials for Petrobras

(OE) Strohm, a thermoplastic composite pipe (TCP) solutions specialist, has completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1,500 meters. The testing and engineering assessments, which were conducted in the Campos Basin in June, have demonstrated the pipe’s performance under real-world conditions as well... Continue Reading →

Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil in Angola

(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a contract with an affiliate of U.S. energy major ExxonMobil to provide remotely operated vehicle (ROV) services and integrated solutions at an offshore block in Angola. Oceaneering Angola and Oceaneering Marine Technologies have been awarded a contract by Esso Exploration Angola (Block 15)... Continue Reading →

Expro Gets Woodside Job at Trion Deepwater Project off Mexico

(OE) Texas-based oilfield services provider Expro has secured a three-year contract by Woodside Energy to provide tubular running services (TRS) and cementing services for the Trion project, Mexico’s first deepwater oil production facility. Woodside and Expro have a long-standing partnership, with Expro supporting well construction activities in Mexico during the exploration phase. As part of... Continue Reading →

Petrobras starts drilling first pioneer well in the Agua Marinha Block in the Campos Basin pre-salt layer

Petrobras is making a significant new exploration move in the Campos Basin. The company began drilling the pioneer well (1-BRSA-1401D-RJS) in the Água Marinha block, in a water depth of 2,600 meters. The drillship Deepwater Aquila, owned by Transocean, is operating the Água Marinha block. The Água Marinha block, in the Campos Basin pre-salt layer,... Continue Reading →

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