(OE) Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has signed a memorandum of understanding (MoU) with Sea Horizon Offshore Marine Services, which will act as its representative in the Middle East region. Sea Horizon Offshore, with its broad network of local partners, will represent Jumbo Offshore to potential clients in... Continue Reading →
Petrobras starts drilling the Anhanga well on the Equatorial Margin
(PN) While still awaiting approval to drill in the Foz do Amazonas Basin, Petrobras is advancing its exploratory program at another point in the so-called Equatorial Margin. This month, the company began drilling a new well in block POT-M-762, in the Potiguar Basin, 79 km off the coast of the state of Rio Grande do... Continue Reading →
Valaris rigs collect $1.2 billion for drilling jobs spanning geographies
(OET) Offshore drilling contractor Valaris has landed a batch of new contracts and extensions across multiple geographies with Petrobras, Equinor, Harbour Energy, TotalEnergies, Shell, Ithaca Energy, Eni, undisclosed operators, and Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental (Oxy). These deals will enable three floaters and six jack-ups in the rig owner’s fleet to undertake... Continue Reading →
NOV Bags Order for Industry’s First Electric Subsea Crane
(OE) NOV reports its Lifting & Handling group has sold what is said to be the industry’s first-ever electric subsea crane. The order was booked at the end of 2023 with an undisclosed client in Europe, NOV said. The first-of-its-kind crane offers enhanced efficiency compared to electro-hydraulic cranes, helping lead to reduced vessel emissions, the... Continue Reading →
MODEC sets out to fortify FPSO business while embracing decarbonization and new opportunities
(OET) With the current energy ecosystem in mind, Japan’s FPSO operator MODEC has unveiled its new, mid-term business plan, covering the period from 2024 to 2026, which spotlights the Japanese player’s intention to further strengthen the profitability of its core FPSO business, strategically invest funds to decarbonize its FPSO units, develop new opportunities, and bolster... Continue Reading →
Fénix Gas Field Partners Install Production Platform Offshore Argentina
(OE) Wintershall Dea and its partners TotalEnergies and Pan American Energy have completed the installation of the Fénix platform offshore Argentina. The platform was installed around 60 kilometer off the coast of Tierra del Fuego, in 70-meter water depth. Given the size of the project, the logistics and the installation of the 4,800-ton platform were... Continue Reading →
DeepOcean Gets ExxonMobil’s Guyana Task
(OE) Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America. Under the contract, DeepOcean will plan and execute a wide range of subsea activities, including subsea construction and jumper installations as well as subsea... Continue Reading →
Enauta’s Atlanta II FPSO Gets Its Torpedo Anchors Offshore Brazil
(OE) Oil and gas company Enauta has released a note regarding the installation of mooring lines and torpedo anchors, designed by London Marine Consultants (LMC), for the FPSO Atlanta II offshore Brazil. The moorings are installed in over 1500 meters of water depth offshore Brazil on behalf of Malaysian FPSO leasing firm Yinson Production and... Continue Reading →
Aize to Provide Digital Twins for Liza Unity and Liza Destiny FPSOs
(OE) Aker software company Aize has signed an agreement with ExxonMobil Guyana and SBM Offshore to deploy Aize digital twin software on the floating production storage and offloading (FPSO) units Liza Unity and Liza Destiny offshore Guyana. Aker-owned company Aize will work with its partners transform the traditional approach to TAR (Turnaround) campaigns by strengthening... Continue Reading →
MODEC: FPSO construction underway for ExxonMobil’s fifth oil development off Guyana
(OET) Japanese FPSO operator MODEC has confirmed the start of the construction phase for a floating production, storage, and offloading (FPSO) vessel, which is destined to work on ExxonMobil’s fifth oil development in the Stabroek block offshore Guyana. According to MODEC, a ceremony to mark the beginning of construction for its inaugural project in Guyana,... Continue Reading →