Norway’s Solstad Offshore has entered into a contract with Queiroz Galvão Exploração e Produção S.A. (QGEP) for one of its construction support vessels. The company also signed two extensions for vessels working in Brazil with Equinor. Solstad Offshore said on Monday that QGEP hired the Normand Pioneer CSV for work in Brazil. The 19-year-old CSV was... Continue Reading →
P-75 initiates operations in Búzios, in the pre-salt of the Santos Basin
12/11/2018 Petrobras started the production of oil and natural gas in the Búzios 2 area, in the Santos Basin pre-salt, through the P-75 platform, the second unit installed in the Búzios field. The FPSO (floating unit for oil and gas production, storage and transfer) is located approximately 210 km off the coast of the state... Continue Reading →
UniSea to digitalize Tidewater operations
UniSea AS, a solution provider for the shipping industry, has been selected by Tidewater as a partner in digitalizing and standardizing of health, safety, environment, quality (HSEQ) and operations. UniSea said that its software solution would be implemented on all Tidewater vessels and in all offices in one of the largest contracts in UniSea’s 21-year... Continue Reading →
Fugro signs partnership to develop autonomous ships
11/13/18 Offshore surface vehicles (USVs) will be designed to operate on offshore data Fugro has signed an agreement with ASV Global to develop autonomous technology vessels. The goal of the partnership is to create a new generation of autonomous surface vehicles (USVs) to operate in the data search market. The delivery of the first USV,... Continue Reading →
Weatherford receives contract for drilling pipe risers from Petrobras
11/13/18 Contract should generate $ 80 million in revenue in the first four years, with optional extension of one year Weatherford and Petrobras have signed an optional four-year contract to provide drilling pipe risers (DPR) and other services. The contract is expected to generate $ 80 million in revenue in the first four years. The... Continue Reading →
Shell licenses three more exploratory wells in the Campos Basin
by epbr November 9, 2018 A day after signing the concession contract for exploratory area C-M-791, purchased on the 15th Round, Shell began the licensing for exploratory well drilling in the area. The company intends to drill up to three exploratory wells starting January 2021. The campaign must have a maximum duration of 120 days.... Continue Reading →
Benthic Completes Site Survey for Esso Guyana
Geosciences company Benthic has completed field work for Esso Exploration and Production Guyana for an offshore geotechnical investigation and environmental baseline survey in the Stabroeck and Canje Blocks, Offshore Guyana. Benthic executed the combined geotechnical and environmental scope of work from the Chouest Sable in Q3 2018. Read more
Senate approves vote for project that allows mega oil auction – Onerous Assignment
Proposal should be voted on November 27 BRASÍLIA - The Senate is expected to vote later this month on a bill that makes it possible to revise a contract between the federal government and Petrobras over pre-salt areas and allows a mega-oil auction, with potential to raise up to R $ 100 billion . Senators... Continue Reading →
Subsea 7 profit drops. Tendering activity picking up. Pricing under pressure
Offshore installation and construction specialist Subsea 7 saw its profit drop in the third quarter of 2018. The company’s vessel utilization hit 2014-highs in the quarter, tendering activity is picking up, but pricing remains under pressure. Subsea 7 posted revenue of $1,08 billion, a slight rise compared to $1.06 billion a year ago. Net profit was... Continue Reading →
Worlwide offshore rig count rises in October
The worldwide offshore rig count in October rose by three units compared to October 2017 numbers. According to BHGE’s report released on Wednesday, the worldwide offshore rig count in October 2018 was 230 units, up from 227 a year ago. Baker Hughes, a GE company, splits it rig counts to international rig counts and North... Continue Reading →