Saipem Secures $1.9B Subsea Work at TotalEnergies’ Suriname Field

(OE) Saipem has secured an engineering, procurement, construction and installation (EPCI) contract by TotalEnergies for the subsea development of the GranMorgu field, offshore Suriname. Saipem’s scope of work under the contract worth $1.9 billion entails the engineering, procurement, supply, construction, installation, pre-commissioning and assistance for the commissioning and start-up of the subsea umbilicals, Risers and... Continue Reading →

November 14, 2024 0

SBM Offshore awarded contracts for the GranMorgu field development

SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies. Under these contracts, SBM Offshore will, in partnership with Technip Energies, construct and install a Floating Production, Storage and Offloading vessel (FPSO). The... Continue Reading →

November 14, 2024 0

First Steel Cut for ExxonMobil’s Guyana Field-Bound FPSO Jaguar

(OE) SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana. The steel strike ceremony took place on November 12 at Guyana Shore Base Incorporated (GYSBI), kicking off the production... Continue Reading →

November 13, 2024 0

Petrobras will launch, by the end of the year, the bidding processes for the Sergipe Aguas Profundas and Albacora FPSOs

(PN) According to the company's Director of Engineering, Technology and Innovation, Renata Baruzzi, the bidding processes for the contracting of two FPSOs for the Sergipe Aguas Profundas project (SEAP 1 and 2) will be launched by the end of this year. Petrobras is currently discussing with the other companies in the SEAP consortium the best... Continue Reading →

November 11, 2024 0

Petrobras Financial Performance in 3Q24

“In this third quarter of 2024, we achieved consistent financial results amid a context of declining Brent prices, which we were able to offset with higher sales volumes of oil products. We maintained strong cash generation of US$ 11.3 billion, up 24% from the previous quarter, sustained by the quality and performance of our assets.... Continue Reading →

November 8, 2024 0

FPSO Prosperity Purchase by ExxonMobil Guyana Completed

SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term, which would have expired in November 2025. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and... Continue Reading →

November 7, 2024 0

Brazil-bound FPSO Bacalhau prepares for sailaway after christening at Seatrium’s yard

(offshore-enegy.biz) Singapore’s Seatrium has hosted a naming ceremony for a floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC destined to work off the coast of Brazil. On October 21, 2024, Seatrium’s Tuas Boulevard Yard witnessed the naming ceremony of FPSO Bacalhau, described as the largest vessel of its kind to be delivered to Brazil.... Continue Reading →

November 7, 2024 0

Shearwater Nets Petronas Contract for 3D Survey Off Suriname

Shearwater Geoservices Holding AS (“Shearwater”) has been awarded a large 3D seismic survey by PETRONAS in Suriname. The project, covering 6,000 square kilometres, marks the continuation of Shearwater’s commitment to PETRONAS in this frontier area having previously performed acquisition work in Block 52. The Amazon Warrior has been allocated to the three-month project, commencing in... Continue Reading →

November 5, 2024 0

Argeo signs eight-year data agreement with Suriname’s oil & gas regulator

(offshore-energy.biz) Norway’s subsea services provider Argeo has entered into an eight-year agreement with Staatsolie, Suriname’s oil and gas regulator and state oil company, for the acquisition, processing and sales of multi-client data in Suriname. The execution of the agreement will be performed in several phases over the contract period and encompass integrated turnkey data solutions... Continue Reading →

November 4, 2024 0

First Installation Campaign at 2.6 GW Coastal Virginia Offshore Wind Project Completed

(offshorewind.biz) Dominion Energy revealed that 78 monopile foundations and four offshore substations were installed at the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project in the US during the first installation season. Dominion Energy said that it achieved its initial goal of installing at least 70 monopiles into the seafloor 27 miles off the coast... Continue Reading →

November 4, 2024 0

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