Sept 12, 2020 With several offshore production projects due to come on stream this decade, Brazilian NOC Petrobras is keeping the market busy with tenders for the acquisition of subsea equipment that are expected to generate billions of dollars in new contracts. At least two of the tenders are related to the state-owned company’s prized Búzios field in the... Continue Reading →
Wilson Sons creates intelligent tool to expedite tug maintenance
Sept 14, 2020 System developed by the company's Innovation Laboratory simulates conversations and handles demands for fleet repairs With a fleet of 80 tugboats, the largest in the country, Wilson Sons has developed an intelligent tool to speed up the diagnosis and services of corrective maintenance. Designed by Tuglab, the company's innovation laboratory, and by... Continue Reading →
Apache kicks off drilling operations on fresh well off Suriname
Apache Corporation has gathered further reservoir and technical data from its Kwaskwasi-1 discovery well located in Block 58 offshore Suriname and started drilling at another location within the block. Apache announced a major oil discovery at the Kwaskwasi-1 well drilled in Block 58 in late July 2020. The Kwaskwasi-1 was drilled to a depth of approximately... Continue Reading →
Alfa Laval Pumps for Two Brazil FPSOs
Sept 14, 2020 Sweden's Alfa Laval has secured two orders to supply Framo pumping systems for two FPSOs to operate offshore Brazil. Alfa Laval did not say who the clients were but said the orders had a total value of around SEK 155 million (around USD 17,7 million). The deliveries are scheduled for 2021. The... Continue Reading →
Oilfield Services Giant Weatherford Appoints New CEO
Oilfield services company Weatherford will appoint Girish K. Saligram as its President and CEO effective October 12, 2020. He will replace the interim CEO Karl Blanchard who took the role after the previous CEO Mark A. McCollum left the company in June. Blanchard will resume his role as Executive Vice President and Chief Operating Officer. The U.S.... Continue Reading →
Flexlife wins riser monitoring deal in South America
Seanamic Group company Flexlife, has secured a contract from a ‘leading’ South American operator for the scanning of flexible risers. The contract, in partnership with Houston based ROV major Oceaneering, covers the scanning of all deepwater, uninsulated flexible pipelines. It is part of a larger integrity management program to determine if flooding occurs in the flexible risers’... Continue Reading →
Siem Offshore gets two-year deal for two vessels in Brazil
Sept 11, 2020 Offshore vessel provider Siem Offshore has been awarded contracts for two of its vessels by Total for operations in Brazil. Siem Offshore said on Friday that the Siem Atlas and Siem Giant vessels have each been awarded a two-year contract with two yearly options. Both vessels will start the contract in September... Continue Reading →
TK-Ocyan has a new name
Sept 10, 2020 Altera & Ocyan is the new name of the joint venture formed by the Brazilian Ocyan and the Norwegian Altera Infrastructure (formerly Teekay Offshore). The brand change took place at the beginning of the second half, after the Altera Infrastructure brand change process, which was completed at the beginning of the year.... Continue Reading →
Snam, Saipem to Jointly Pursue Energy Transition Tech
Sept 10, 2020 Offshore energy services provider Saipem and gas grid operator Snam have signed an agreement to work together on energy transition technology. Under the memorandum of understanding signed, the two Italian companies will jointly work on green hydrogen and carbon capture initiatives, "with the aim of fighting climate change and contributing to the... Continue Reading →
Elliott attempting to prevent Chevron’s takeover of Noble Energy
September 10, 2020, by Bojan Lepic Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon plans to sell itself to oil major Chevron, believing that the deal undervalues the oil and gas producer. Paul Singer; Source: Elliott Bloomberg said in an article on Wednesday, quoting people familiar with the matter, that Elliott... Continue Reading →