(JPT) Brazilian independent Enauta has agreed to sell a 20% participating interest in the BS-4 concession, which includes the Atlanta and Oliva fields, to Westlawn Americas Offshore (WAO) for $301.7 million. WAO is a portfolio company of Westlawn Group LLC and owns various interests in the Gulf of Mexico offshore basins. Enauta said the sale... Continue Reading →
Constellation and Sapura carry out pioneering thruster exchange operation at sea on Laguna Star drillship
(TN) In February, Constellation and Sapura concluded an unprecedented operation to change the thruster at sea on the Laguna Star drillship, under contract with Petrobras, around 200km off the coast of Rio de Janeiro. The operation, in a water depth of more than 2,000 meters, was carried out without the need for the drilling unit... Continue Reading →
Green Ships ePSV to Feature Amogy’s Ammonia-to-power System
(OE) Green Ships Invest has signed a contract to purchase of Amogy’s carbon-free ammonia-to-electrical power systems for a fleet of new environmentally friendly platform supply vessels (PSV). Green Ships, which is designing/procuring so-called ePSVs (electrical PSVs), had signed a memorandum of understanding (MOU) with Amogy in October 2023. Under the newly signed contract, Green Ships Invest will... Continue Reading →
CERAWEEK Petrobras may soon move drill rig out of Equatorial Margin
(Reuters) - Brazil's state-run oil firm Petrobras (PETR4.SA), opens new tab may soon move a drilling rig out of the Potiguar Basin due to lack of permits for more wells, Chief Exploration and Production Officer Joelson Mendes said on Wednesday. Petrobras has drilled one well at Potiguar, and is in the process of drilling a second one,... Continue Reading →
Atlanta FPSO Sets Sail for Brazil
(OE) Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in Santos Basin, offshore Brazil. After the conclusion of the activities in Dubai and sea trials, the unit set sail toward Brazil, with the travel time estimated... Continue Reading →
MAN Energy Solutions Lands Major Order for MODEC’s New FPSO
(OE) MAN Energy Solutions has been hired to supply 11 RB-type compressor trains for MODEC’s floating production storage and offloading (FPSO) unit that will be deployed at the Raia project, in the Campos Basin, offshore Brazil. The order’s substantial value marks it as the largest single order ever received at MAN Energy Solutions Switzerland, the... Continue Reading →
Saipem and Fincantieri Form Subsea Alliance
(OE) Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units. The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector. The agreement... Continue Reading →
With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition
(Offshore-energy.biz) Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 million, with improving margins at 10.6% compared to 9.3% in 2022 – a year that Prysmian... Continue Reading →
Offshore Wind’s Next Big Problem: Not Enough Vessels
(Bloomberg) -- On the outskirts of Rotterdam, a bright orange ship is hoisted above the muddy Rhine with the help of six chunky triangular legs. The vessel has just been retrofit with a huge crane capable of lifting up to 1,600 tons 160 meters above deck. Once the finishing touches have been made, the Wind... Continue Reading →
Final Subsea System Components for Atlanta FPSO En Route to Brazil
(OE) The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos Basin have been shipped. The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos... Continue Reading →