17th Bidding Round: 92 offshore exploratory blocks in the Campos, Pelotas, Potiguar and Santos basins

The 17th Bidding Round under the concession regime will offer 96 offshore exploratory blocks in the Campos, Pelotas, Potiguar and Santos basins. The maps of the sedimentary basins with the sectors where these explorations are located are on this page and the originals can be obtained at http://rodadas.anp.gov.br/pt/17-rodada-licitacao On 9/9/2020 Resolution No. 7 of 8/18/2020... Continue Reading →

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Subsea Technology: Remote power, on demand

Taking the power to where you want it is another option – perhaps not for compression or pumping system, but potentially for monitoring, inspection, and even intervention systems, such as resident robotics concepts. It’s an idea some have been looking at, such as Ocean Power Technologies, which recently won a DeepStar project award to study... Continue Reading →

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McDermott Completes New Capital Raise For $560 Million

PRNewswire/ -- McDermott International, Ltd today announced that on Dec. 31, 2020, it secured $560 million in new capital. As announced on Nov. 18, 2020, the new capital was provided through a series of transactions which was secured through commitments from certain existing lenders and shareholders. McDermott met all conditions necessary to close these transactions and has strengthened its... Continue Reading →

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Ocyan wins Mero drilling contract

After a long period of negotiations and a lot of market expectations, Ocyan won Petrobras' tender for chartering a rig exclusively dedicated to the Mero field, in the Santos cluster. Drill ship Norbe VIII should start operating in the second semester Petrobras and Ocyan do not reveal details of the bid result. Source: PetroleoHoje

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