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Norwegian subsea service business DOF Subsea has found itself in a challenging financial position as a result of the continued challenging market situation with low vessel utilization and depressed dayrates. In its financial report for the second quarter 2019 published in late August, DOF Subsea said that its current earnings were not sufficient to support... Continue Reading →
Oct 7, 2019 Petrobras has requested from the Brazilian Institute of Environment and Natural Resources (Ibama) the Preliminary License and the Installation License for the implementation of the Offshore Wind Generation Pilot Plant, about 20 km off the coast of Guamaré, in Ubarana Field, in Rio Grande do Norte. It was determined environmental study.
Danish offshore vessel owner Maersk Supply Service has secured a 1.5-year contract with Blue Marine Group to support Pemex from subsea support vessel Maersk Installer. Joining Maersk Implementer, the vessels will assist the national oil company in achieving its targets of increasing production, the vessel owner said on Monday. Maersk Installer arrived in Mexico on... Continue Reading →
U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform. The deal was approved earlier this week by Mexico's oil regulator, the National... Continue Reading →
The worldwide offshore rig count in September 2019 decreased by four units sequentially, but increased by 43 units year-over-year, according to reports by Baker Hughes, a GE company. BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count. Baker Hughes reported on Monday that international rig count for... Continue Reading →
Petrobras informs, in addition to the press release issued on August 9, 2019, that the Comisión Nacional de Valores (CNV), the Argentine capital market regulator, has authorized the withdrawal of its shares from the public offering regime, exempting the company from promoting a public offering for the acquisition of shares in accordance with CNV General... Continue Reading →
Brazilian drilling contractor Sete Brasil has reached agreements with Singapore’s rig builders Keppel Offshore & Marine and Sembcorp Marine related to contracts for the construction of six semi-submersible rigs and seven drillships, respectively. Sete Brasil was formed in 2011 to own and operate drilling rigs to be used by Petrobras for drilling offshore Brazil. The... Continue Reading →
San Donato Milanese (MI), October 2, 2019 - Saipem has signed a subsea service contract with Equinor, worth approximately 40 million Euro, which entails the use of Saipem’s Underwater Intervention Drone (UID) Hydrone-R and the all-electric Work Class ROV Hydrone-W in the Njord Field development, offshore Norway. This agreement is the first ever worldwide service... Continue Reading →
Mexican President Andres Manuel Lopez Obrador said on Thursday that his government is not seeking to take control of the Zama oilfield discovery, which is currently operated by a private consortium led by U.S.-based Talos Energy. Reuters reported earlier this week that Mexico's national oil company, Pemex, wants to take control of Zama from Talos,... Continue Reading →
Oct 4, 2019 In October, the federal government should hold a meeting of the National Energy Policy Council to authorize the areas that will enter the auction in the 17th bidding round, scheduled for 2020. - The board of the National Petroleum Agency (ANP) last month approved the selection of 120 exploratory blocks for the... Continue Reading →
