Singapore's Keppel Offshore & Marine Ltd (Keppel O&M) said Friday it had secured a contract valued at approximately S$600 million (USD 442 million) in the offshore renewable energy industry. Sharing the news on Friday, Keppel gave little details on the client and the type of order. It said that the contract was with "an energy... Continue Reading →
Airborne Oil & Gas becomes Strohm
Dutch-based thermoplastic composite pipe (TCP) manufacturer Airborne Oil & Gas has changed its name to Strohm. The launch of the new brand comes as the organisation confirms its commitment to the oil and gas sector’s energy transition and accelerates its strategic growth into the renewables market. The company was the first in the world to... Continue Reading →
Noble Corporation scores rig extension deal with ExxonMobil
Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil. Noble said on Thursday that it has been awarded approximately 6.5 years of additional contract term under the commercial enabling agreement (CEA) with ExxonMobil for work offshore Guyana. The Noble Tom Madden was previously contracted... Continue Reading →
Yinson’s First FPSO for Brazil Arrives at Second Shipyard
Malaysia's Yinson said its floating production, storage and offloading unit (FPSO) Anna Nery sailed away from the Cosco Qidong shipyard in Jiangsu, China and has entered drydock at the Cosco Changxing shipyard in Shanghai, marking the next phase of the FPSO construction. FPSO Anna Nery, which is being built from a converted tanker Falcon, is Yinson’s first... Continue Reading →
McDermott Announces Shipment of First MODEC FPSO Modules
PRNewswire/ -- McDermott International, Ltd today announced the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC). The FPSO will be located in the Area 1 block, approximately six miles (10 kilometers) off the coast of Mexico in the shallow waters of the Campeche Bay at a water depth of... Continue Reading →
Petroserv in financial restructuring
Tobias Cepelowicz and Roberto Jessourun are no longer heading the Ventura group (Petroserv). After almost five decades, the command of the rig and FPSOs company was transferred to Nelson Oliveira, executive of Geribá Investimentos, in the midst of a broad internal restructuring process, whose focus is to remedy the group's financial situation. Source: PetroleoHoje
Transocean’s efforts to avoid bankruptcy could lead to a default
(Bloomberg) --Measures taken by Transocean to stave off a bankruptcy filing could be exactly what ends up sending the offshore drilling company into Chapter 11 alongside some of its biggest peers. The world’s largest owner of deep-water oil rigs recently engineered a bond swap to trim some of its $9 billion debt load and ease... Continue Reading →
TechnipFMC delivers the last of 127 Christmas tress contracted with Petrobras in 2012
TechnipFMC delivered the last of 127 wet Christmas trees (ANMs) contracted by Petrobras in 2012 for pre-salt projects, the company announced on social media on Monday (5/10). The $ 1.5 billion contract was signed with FMC Technologies, which merged with Technip in 2017. Source: PetroleoHoje
PETROBRAS READIES TENDERS FOR RIGS , WELL SERVICES AND SUBSEA SYSTEMS FOR THE FUTURE BUZIOS FPSOS
Petrobras readies new hires involving the next Petrobras platforms for the Brazilian pre-salt. In particular, the contracts related to the three future units that will be installed in the Búzios field (P-78, P-79 and FPSO Almirante Tamandaré), in the Santos Basin. In the next six months, the state company plans to launch tenders for the... Continue Reading →
TechnipFMC names new head of Technip Energies
TechnipFMC has appointed Arnaud Pieton as President and CEO-elect, Technip Energies, effective immediately. As a result, the company has also appointed Jonathan Landes to the role of President – Subsea. Pieton has been with the company since 2004 and held multiple leadership positions, including vice president, Projects. He most recently served as the TechnipFMC’s president,... Continue Reading →