Subsea7, SLB OneSubsea Get BP’s Job Offshore Trinidad and Tobago

(OE) Subsea Integration Alliance, a partnership between Subsea7 and SLB OneSubsea, has secured engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger project offshore Trinidad and Tobago. For the Ginger EPCI project, Subsea7 will supply a diver-installed tie-in system, a flexible production flowline, and associated infrastructure. SLB OneSubsea will deliver four standardised... Continue Reading →

April 30, 2025 0

Solstad Offshore Secures Petrobras Contracts for Three Vessels

(OE) Norwegian offshore vessel operator Solstad Offshore has secured multiple contract awards with Petrobras, subject to board approval, for two large Anchor Handling Tug Supply (AHTS) vessels and one Construction Support Vessel (CSV). The AHTS vessels have been awarded new contracts with a duration of four years each, whereof one of the contracts includes ROV... Continue Reading →

April 30, 2025 0

Noble Reports Strong Outlook, New Contracts

(OE) Noble Corporation has reported that its contract drilling services revenue for the first quarter of 2025 totaled $832 million compared to $882 million in the fourth quarter of 2024, with the sequential decrease driven primarily by the benefit received in the fourth quarter of 2024 from the Noble Deliverer's early termination fee. Contract drilling... Continue Reading →

April 29, 2025 0

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

(OE) MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil. MODEC and Sumitomo Heavy Industries signed a contract for the forward block of MODEC’s new generation hull for the Gato do Mato FPSO,... Continue Reading →

April 28, 2025 0

Oil States signs contract with Petrobras for offshore platforms maintenance in the Santos Basin

Oil States announced the signing of a new contract with Petrobras to provide inspection and maintenance services for cranes and cargo handling equipment on offshore platforms. The agreement will last three years and will cover units located in the Tupi, Berbigão and Atapu fields in the Santos Basin. According to the company, the services will... Continue Reading →

April 25, 2025 0

Wison lands work on FLNG destined for Petronas’ field off Suriname

(offshore-energy.biz) China-based provider of clean energy services Wison New Energies (WNE) has won a detailed feasibility study (DFS) for a newbuild floating liquefied natural gas (FLNG) facility set to work at a block offshore Suriname operated by Malaysia’s energy giant Petronas. The FLNG unit is slated to work at Block 52, located north of the Surinamese... Continue Reading →

April 25, 2025 0

Oilfield service provider SLB warns of lower spending by oil producers, tariff hit

(Reuters) - Top oilfield services provider SLB joined rivals on Friday in warning of lower spending by oil producers and tariff impacts, after missing its first-quarter profit estimates due to a significant reduction in drilling activity in Mexico. Shares of the company were largely flat after declining as much as 2% in premarket trading. SLB's report... Continue Reading →

April 25, 2025 0

Capricornus Prospect in Namibia’s Orange Basin Delivers Oil Discovery

Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia. The Capricornus 1-X well, spudded on February 17, using Noble Corporation’s Noble Venturer drillship, reached total depth on April 2, successfully penetrating the Lower Cretaceous target. The well found... Continue Reading →

April 24, 2025 0

Oceaneering ‘outperforms expectations’ so far in 2025 thanks to ‘resilient ROV use and strong vessel activity’

(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has achieved a revenue of $675 million in the first quarter of 2025, a 13% increase year over year, outperforming expectations due to “resilient utilization of remotely operated vehicles (ROVs) and strong vessel activity”. For Q1 2025, Oceaneering reported an operating income of $73.5 million, a... Continue Reading →

April 24, 2025 0

Fugro Cuts More Jobs, Shifts Focus to Different Business Segments

(Reuters) Dutch geological data specialist Fugro it would cut more jobs and shift focus to different business segments after confirming a drop in first-quarter revenue on Thursday, hit by a pause in new U.S. offshore wind projects. The company also cited a highly volatile global market environment. Sales fell 11.1% to 450 million euros ($510.12... Continue Reading →

April 24, 2025 0

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Subsea7, SLB OneSubsea Get BP’s Job Offshore Trinidad and Tobago

Solstad Offshore Secures Petrobras Contracts for Three Vessels

Noble Reports Strong Outlook, New Contracts

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Oil States signs contract with Petrobras for offshore platforms maintenance in the Santos Basin

Wison lands work on FLNG destined for Petronas’ field off Suriname

Oilfield service provider SLB warns of lower spending by oil producers, tariff hit

Capricornus Prospect in Namibia’s Orange Basin Delivers Oil Discovery

Oceaneering ‘outperforms expectations’ so far in 2025 thanks to ‘resilient ROV use and strong vessel activity’

Fugro Cuts More Jobs, Shifts Focus to Different Business Segments

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