(OE) U.S.-based offshore drilling company Diamond Offshore has secured the marketing rights for three seventh generation drillships - West Dorado, West Draco and West Libra, which will be renamed Tidal Action. Diamond Offshore entered into an agreement with Eldorado Drilling, the owner of the West Dorado and West Draco, to market the rigs in Brazil,... Continue Reading →
Into the Deep: Offshore Production Increasingly Finds Deeper Waters
Barry Parker, Contributor (OE) Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin, Eastern Mediterranean and Asia,” Rystad wrote, noting that “the trend... Continue Reading →
Ørsted’s Gode Wind 3 Offshore Wind Farm Delivers First Power
(offshoreWind.biz) The first Siemens Gamesa’s SG 11.0-200 DD wind turbine has been installed at the Gode Wind 3 offshore wind farm in Germany. In addition, the 253 MW project has started producing electricity for the first time and delivering it to the transmission network. On 23 April, the first of 23 Siemens Gamesa turbines was... Continue Reading →
FPSO Maria Quiteria begins journey towards Brazil to be installed in the Jubarte Field in the Campos Basin
(PN) Yinson announced that the FPSO Maria Quitéria departed the Cosco Shipping Heavy Industry shipyard, in China, heading to Brazil. The vessel is expected to arrive in the country during the second quarter of 2024 and will be installed in the Jubarte field, in the northern part of the Campos Basin. The FPSO will be... Continue Reading →
CMM Secures Funding to Facilitate Construction of Ethanol-Powered PSV Fleet in Brazil
(OE) Compagnie Maritime Monegasque (CMM) has secured $94 million in financing from Summit Ridge Capital Partners, which will help the company construct pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil. The financing will enable CMM to recompose its shareholder structure and to expand its fleet, the company said. Panorama Capital Partners sourced and... Continue Reading →
Liza Unity is First FPSO to Earn ABS REMOTE-CON Notation
(OE) The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design and construction of the offshore asset are assessed against and adhere to the ABS Requirements for Autonomous and Remote Control... Continue Reading →
Atlanta FPSO should arrive in Brazil in next few days
(PN) Enauta is looking forward to the arrival of the FPSO Atlanta, which will enter Brazilian waters in the next few days to begin anchoring work. The vessel is scheduled to begin production in August in the Atlanta field, in the Santos Basin. The platform ship has the capacity to process up to 50 thousand... Continue Reading →
OTC 2024: Petrobras CEO stresses importance of partnerships during energy transition
(OM In a jam-packed, standing-room-only session at the Offshore Technology Conference (OTC), Petrobras President and CEO Jean Paul Prates emphasized that synergy is the lifeblood of the industry and that collaboration with suppliers and investors will leverage the sector and pave the way for an energy transition without leaving behind workers, service providers, contractors or... Continue Reading →
Noble CEO: Floaters to keep on reaping the benefits of offshore drilling market’s ‘multi-year uptrend’
(Offshore-energy.biz)Texas-headquartered offshore drilling contractor Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment, as the U.S.-based player anticipates a further rise in day rates and the number of long-term deals. This will enable the drilling giant to bolster its fleet utilization level. With new multimillion-dollar assignments in... Continue Reading →
Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services
(OE) Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs). Sapura Energy has through the joint ventures owned by Seabras Sapura Holding and Seabras Sapura Participações, in collaboration... Continue Reading →