Singapore's Keppel O&M has received orders from Japan's FPSO leasing company MODEC to deliver components for two FPSO units. The orders are worth S$73 million (USD52,5 million) in total. In Singapore, Keppel Shipyard will fabricate, complete, and integrate the topside modules and mooring support structure for a Floating Production Storage and Offloading vessel (FPSO). Continue... Continue Reading →
Aker Solutions Sees Outlook Improving in H2 2020
Norwegian oil services firm Aker Solutions said on Wednesday the outlook has improved for the second half of the year with oil prices partly recovered from the lows in April and Norway offering tax incentives for the oil industry. Its full-year 2020 revenue, however, is still expected to fall by about a quarter year-on-year to... Continue Reading →
PETROBRAS postpones until August 31 the submission of proposals for the ITAPU FPSO
Jul 13, 2020 Petrobras confirmed that it extended the deadline for the submission of proposals to the Bidding Commission for contracting the FPSO for Itapu. Another 42 days were given, with the date now set for August 31. During this period, adjustments will be made to the project and even a possible definition of whether... Continue Reading →
Petrobras accelerates restructuring and focus on pre-salt with the pandemic
July 13, 2020 The new coronavirus pandemic accelerated Petrobras' strategy of concentrating efforts on the pre-salt layer. The state-owned company, which had already been selling subsidiaries, announced plans in the last three months to reduce by 34% the number of employees (from 45,500 to 30,000), to close nine commercial buildings and leave half of the... Continue Reading →
Brazil’s offshore oil workers chilled by coronavirus outbreaks
On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil’s state-run oil company Petrobras checked into the facility’s infirmary complaining of headaches and fever-like symptoms. Another Petrobras employee fell visibly ill the following day, three workers from the platform told Reuters. The sickness spread further in the subsequent days, stoking anxiety... Continue Reading →
UTC back offshore
July 10, 2020 Almost three years after the end of the precautionary blockade by Petrobras, the group closes contracts with the state-owned company and Trident Energy. Heftos Óleo e Gás Engenharia - a subsidiary of the UTC Participações group - signed contracts with Petrobras to provide services at the Gabriel Passos Refinery (Regap), in Minas... Continue Reading →
Christmas trees for Buzios
July 10, 2020 Petrobras will launch a bid to acquire a batch of wet Christmas trees for the new phases of the Búzios project, in the Santos pre-salt cluster. Notice for the tender will be released later this year. The terms of the tender are still being formatted by the E&P area, together with the... Continue Reading →
Contract cancellation, extensions, and warm-stack mode for Noble rigs
Offshore drilling contractor Noble Corporation has received several new contract extensions for its drilling rigs and cancellation of a drilling contract in Vietnam. Noble has also decided to warm-stack some of its rigs. According to Noble’s latest fleet status report, published on Thursday, 9 July, the Noble Mick O’Brien jack-up has been awarded a contract extension from... Continue Reading →
Siemens spins off its gas turbine and wind power business
Siemens AG shareholders approved a spinoff of the company’s energy business, one of CEO Joe Kaeser’s last major moves to reshape the German industrial stalwart. More than 99% of shareholders approved the motion to create an independent Siemens Energy AG at an extraordinary shareholder meeting on Thursday. The company, with almost 29 billion euros ($33... Continue Reading →
Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells
Oilfield services giants Halliburton and TechnipFMC have jointly introduced Odassea, described as the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce the total cost of ownership while improving reservoir knowledge, the companies said in a joint statement on Thursday. Continue... Continue Reading →
