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Late 2018, before net-zero targets had been agreed to by most western energy giants and nations, BP came out with a goal to reach 100% of subsea inspection by marine autonomous systems by 2025. It was a tangible goal then, and it’s one that might now be reached faster as remote and more “digitally” oriented... Continue Reading →
Norwegian offshore vessel owner Solstad Offshore has entered into a frame agreement with ExxonMobil for the provision of supply vessel services supporting its exploration activities in Brazil. Solstad said on Tuesday that the frame agreement is for three years firm. The first call-off has been received for the platform supply vessel (PSV) Normand Swift for... Continue Reading →
Offshore drilling company Dolphin Drilling said Tuesday that its Blackford Dolphin semi-submersible drilling rig had completed inspection and started a contract with Pemex in Mexico. "We are delighted to announce that on Thursday, 3rd December 2020, Blackford Dolphin successfully completed the Pemex Contract checklist inspection and commenced the contract with the Mexican operator," Dolphin Drilling... Continue Reading →
Dutch offshore services company Fugro has said it has won a contract with Malaysia's Petronas, to provide positioning services for Petronas' exploration program offshore Suriname. The news comes just days after Petronas said it had discovered hydrocarbons in its Block 52, off Suriname. Under the 2-year contract, which has already started, Fugro is deploying its... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on November 16, 2020, informs the beginning of the non-binding phase regarding the sale of 50% of its stakes in the concessions of Marlim, Voador, East Marlim and South Marlim, together called the Marlim Cluster, located predominantly in deep waters in the Campos Basin. ... Continue Reading →
Japanese FPSO contractor Modec has won a contract with Woodside for the operations and maintenance of the Sangomar FPSO in Senegal. The deal follows a contract signed in January for Modec to deliver the FPSO for Sangomar field development - Senegal's first offshore development. The operations and maintenance contract will cover all in-country installation and commissioning activities following which... Continue Reading →
(Reuters) - Ecuadorian state-run oil company Petroecuador is weighing a lawsuit against Vitol after the world’s largest oil trader admitted last week to bribing officials in the South American country, according to two sources with direct knowledge of the matter. Petroecuador is working with the nation’s attorney general to assess how much the Vitol-led graft... Continue Reading →
Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm for alleged corruption involving shipping contracts with state-run oil firm Petrobras, they said on Friday. The lawsuit requests that a judge freeze almost 1 billion reais ($198 million) in assets in order to make sure funds... Continue Reading →
The Quest Offshore Wind Turbine Index (QOWTI), which tracks the Total Addressable Market for offshore wind*, shows 322 global projects for December a gain of 28 projects since September, comprising 17,793 individual turbine units representing a CapEx of $505.2 billion. Although Asia Pacific continues to lead Europe in total project count, Europe leads all regions... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 01/03/20, informs that it signed today with Energizzi Energias do Brasil Ltda a contract for the sale of its entire stake in the onshore field of Rabo Branco, located in the Sergipe-Alagoas Basin, in the State of Sergipe. The sale value is US$... Continue Reading →
