(OE) Norwegian offshore vessel operator DOF Group has secured work for two of its subsea vessels offshore Brazil. DOF’s Skandi Achiever diving support vessel has been awarded an offshore service and survey contract in Brazil in support of a SURF project with operations planned to start in early May and covering three campaigns during 2025.... Continue Reading →
US Could Miss Out on USD 75 Billion in Offshore Wind Investment – IntelStor Analysis
(offshoreWIND.biz) The current US administration’s aggression towards the offshore wind market could put at risk up to USD 75 billion in investment, according to an analysis by Houston-based IntelStor. Based on the analysis, the application of tariffs as well as the recent moves to halt or cancel offshore wind projects in the US have jeopardised... Continue Reading →
Valaris Lifts Contract Backlog for its Drilling Rigs to $4.2B
(OE) Offshore drilling company Valaris has secured over $1 billion of new contracts and extension for its drilling rigs since its previous fleet status report published mid-February 2025. Valaris’ contract backlog, excluding lump sum payments such as mobilization fees and capital reimbursements, increased to approximately $4.2 billion from approximately $3.6 billion as of February 18,... Continue Reading →
TMC Books Compressors Orders for FPSO and LNG Vessels
(OE) TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit. As part of the first order, Hanwha Ocean picked TMC to deliver the marine compressed air system to 12 LNG vessels the South Korean shipbuilder... Continue Reading →
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 →
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 →
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 →
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 →
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 →
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 →