Oceaneering, a global provider of engineered services and products for the offshore energy industry, has placed an initial order for a minimum of 100 units of Exail’s new Octans 9 Attitude Heading Referencing Systems (AHRS). This strategic acquisition underscores Oceaneering's commitment to innovation and operational excellence while significantly enhancing its capabilities in offshore survey and... Continue Reading →
World first oil and gas safety measure installed on four drilling ships in South America
Salunda, the global leader in digitised solutions for safety critical industries, has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s proven digital technologies to deliver automated location and control of critical equipment and personnel. The collaboration – on assets belonging to a major offshore drilling contractor - marks the... Continue Reading →
Solstad Plans Oslo Stock Exchange Listing
(OE) Norwegian vessel owner and services provider Solstad Maritime Holding has outlined plans to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025. The listing is in line with the company’s previously expressed intention to list within 12 months after completion of its $66 million (NOK 750... Continue Reading →
TGS and Petrobras launch advanced imaging centers in Brazil to boost offshore energy exploration
(offshore-energy.biz) Norway-based energy data and intelligence company TGS has launched advanced imaging centers in collaboration with Brazilian state-owned energy giant Petrobras to improve subsurface data interpretation for the Campos and Santos basins offshore Brazil. TGS noted that these centers, based at Petrobras’ Rio de Janeiro offices, will focus on ocean bottom nodes (OBNs) and 4D... Continue Reading →
GE Vernova posts rise in quarterly profit but misses revenue estimates
(Reuters) - GE Vernova on Wednesday reported a rise in fourth-quarter profit, helped by strong performance in its grid equipment and services segment, but missed its revenue estimates. The U.S. government has awarded grants and loans worth billions of dollars to utilities to strengthen their grids, benefiting grid equipment firms such as GE Vernova, after... Continue Reading →
Petrobras announces extension of FPSO Cidade de Angra dos Reis production in the Tupi field
Petróleo Brasileiro S.A. – Petrobras announces that, on behalf of the Tupi field consortium, the company has signed amendments to the Charter and Service Agreements for the FPSO Cidade de Angra dos Reis (located in the Tupi field) with Tupi Pilot MV 22 B.V. and Modec Serviços de Petróleo do Brasil Ltda., extending the charter... Continue Reading →
Azevedo & Travassos signs a R$298 million contract with Petrobras
(PN) Azevedo & Travassos announced the signing of a service provision contract with Petrobras through its wholly-owned subsidiary Heftos Óleo e Gás Construções S.A. . The scope of the agreement includes the provision of integrated industrial maintenance activities on oil platforms located in the Campos Basin. The contract, signed under a unit price contract regime,... Continue Reading →
CRRC Installs ‘World’s Largest’ Floating Offshore Wind Turbine in China
(offshoreWIND.biz) Chinese state-owned CRRC has installed what the company claims to be the world’s largest floating offshore wind turbine in the Shandong Province. On 11 January, the company installed the 20 MW Qihang floating offshore wind turbine prototype at the Dongying wind power testing and certification innovation base in Shandong. CRRC said this marks an... Continue Reading →
US Offshore Wind Supply Chain Spans 40 States, Report Says
(offshoreWIND.biz) According to a report released earlier this month, the US offshore wind supply chain spans 40 states as of December 2024, with 1,932 supplier contracts signed for offshore wind and offshore wind-related projects. The report, Offshore Energy at Work, issued by the US offshore renewable energy industry organisation, Oceantic Network on 15 January, shows that... Continue Reading →
Tracerco Lands TechnipFMC’s Contract for Mero Field’s Subsea Equipment
(OE) Industrial technology company Tracerco has secured a contract from Technip to deliver its measurement and control solutions profiler for the multi-phase subsea separation work on Petrobras’ Mero 3 High Pressure Separator (HISEP) pilot project in the Brazilian pre-salt oil region. Tracerco will supply its Tracerco Profiler instrument, which has been redesigned to deliver critical... Continue Reading →