(PN) PRIO announces the drilling of the company's first greenfield project, the Wahoo field, in the Campos Basin. The announcement was made by the company's president, Roberto Monteiro, on his LinkedIn profile. "The project, which began this month, is a milestone in our strategy of developing mature fields through subsea connections (tiebacks) and reflects the... Continue Reading →
Woodside Hires SLB for Trion Ultra-Deepwater Drilling Job off Mexico
(OE) Global energy technology company SLB has secured a major drilling contract by Australian oil and gas operator Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico. SLB will oversee the delivery of 18 ultra-deepwater wells using an integrated services approach and AI-enabled drilling capabilities to improve operational efficiency and well quality. The full... Continue Reading →
Constellation-Operated Jack-Up Rig Up for Petrobras Job
(OE) Constellation, an offshore oil and gas drilling services provider in Brazil, has secured a new contract with Petrobras for the deployment of Admarine 511, a jack-up drilling rig owned by its commercial partner ADES Holding. The rig, operated by Constellation, will be used for a campaign of Plug and Abandonment (P&A) of wells at... Continue Reading →
CIP Orders Vestas Offshore Wind Turbines for 495MW Taiwanese Project
(OE) Danish wind turbine maker Vestas has secured an order from Copenhagen Infrastructure Partners (CIP) to supply offshore wind turbines for the 495MW Fengmiao I project off the coast of Taichung in Taiwan. The order includes 33 V236-15.0 MW turbines as well as a long-term comprehensive service agreement designed to ensure optimized performance of the... Continue Reading →
CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production
(OE) China National Offshore Oil Company (CNOOC) has posted an 11.4% net profit growth in 2024, marking a record year of oil and gas production, which has been increased by 7% compared to a year earlier. In 2024, CNOOC recorded a net oil and gas production of 726.8 million barrels of oil equivalent (BOE), a... Continue Reading →
Petrobras and NOV looking to develop CO2-resistant flexible pipes for deep water
(offshore-energy.biz) American oilfield services company NOV and Brazilian state-owned energy firm Petrobras have signed a pre-commercial agreement for the development of flexible pipes designed for high CO2 deepwater applications. The collaboration, formalized with the signature of an agreement in February, focuses on creating stainless steel armouring to combat stress corrosion cracking (SCC) caused by CO2,... Continue Reading →
Floatel Victory to Stay with Equinor Offshore Brazil
(OE) Oslo-listed offshore accommodation rig provider Floatel International has secured a contract extension with Equinor for its Floatel Victory semi-submersible accommodation unit. Under the contract extension, Floatel Vicotry will continue to provide Maintenance and Safety Unit (MSU) support alongside the Peregrino Floating Production Storage and Offloading (FPSO) unit offshore Brazil through the end of 2025.... Continue Reading →
TechnipFMC Awarded Major Contract for Gato do Mato
TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract worth over $1 billion by Shell for its Gato do Mato greenfield development offshore Brazil. In addition to integrated execution, the project will utilize Subsea 2.0® configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first... Continue Reading →
Petrobras to finish analysis of the India’s Shapoorji appeal in FPSO bid this week
(Reuters) - Brazil's Petrobras should analyze an appeal filed by India's Shapoorji Pallonji Energy in the tender to charter an offshore oil production vessel this week, the state-run oil firm's head of engineering, technology and innovation, Renata Baruzzi, said on Tuesday. WHY IT'S IMPORTANT The Indian company was the only one to bid on chartering a... Continue Reading →
Norwegian floating offshore wind companies optimistic about the industry’s future
(offshoreWIND.biz) It’s no secret that in 2025, a few stubborn obstacles have slowed the anticipated pace of floating offshore wind development. Some are economic, while others are bureaucratic. But the hurdles only serve to motivate Norwegian wind energy companies, which are tackling industry challenges one innovation at a time with full confidence in floating wind’s... Continue Reading →