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“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 →
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 →
(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 →
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 →
(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 →
(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 →
(offshore-energy.biz) OneSubsea, a company majority-owned by SLB, has installed three pump stations at a field offshore Brazil operated by BRAVA Energia, an oil and gas player formed following the merger of Brazil’s 3R Petroleum and Enauta. The field’s floating, production, storage, and offloading (FPSO) unit is expected to start production soon. According to the SLB-led... Continue Reading →
(OE) Norwegian offshore supply vessel company DOF Group has concluded the acquisition of Denmark-based Maersk Supply Service, which will be renamed to DOF Denmark. The combined company is expected to become one of the leading offshore service provider with comprehensive scale and a wide range of services across all continents in the offshore energy industries.... Continue Reading →
Wilson Sons, a leader in port and maritime logistics in Brazil, will start building, next year, a new range of three super powerful tugboats with sustainable technology at its shipyard in Guarujá, São Paulo. It plans on renewing and modernizing its fleet of more than 80 tugboats, which operate along the Brazilian coast. The three... Continue Reading →
(PN) Recently, Petrobras began drilling a new well in the Buzios Field, in a water depth of 1,939 meters, using the Carolina drillship. The information was made available by the National Petroleum Agency (ANP). The new well was given the technical name 9-BUZ-99D-RJS. The nomenclature beginning with the number 9 indicates that this is a... Continue Reading →
