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(offshore-energy.biz) Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet activity for March. According to Prosafe, its fleet utilization rate for March 2025 was 52%, representing a slight decrease from the 57% rate reported for February. Safe Zephyrus was the busiest, operating at full capacity during March, achieving 100% commercial uptime. The... Continue Reading →
(Reuters) - GE Vernova reported first-quarter revenue on Wednesday that beat Wall Street estimates on the back of strong performance at its power and electrification units, sending its shares up more than 8% in premarket trading. The results come at a time when the power industry is bracing for the impact of the Trump administration's sweeping tariffs and policies,... Continue Reading →
Ørsted has expanded its Group Executive Team with the appointment of two new members, enabling the representation of the full offshore wind value chain, including development, construction, and generation. Effective from May 1, 2025, Amanda Dasch has been appointed Chief Development Officer (CDO) and will head up Ørsted Commercial, which covers commercial development activities across... Continue Reading →
(offshore-energy.biz) U.S. offshore drilling contractor Noble Corporation has awarded Atlas Professionals with a crew management contract for its upcoming drilling campaign in Suriname. Under the deal, Atlas is slated to provide junior and expatriate crew for a drilling campaign to be carried out using the Noble Developer rig. Additionally, the firm will provide comprehensive logistics, training, and... Continue Reading →
(offshore-energy.biz) Dozens of workers have been treated for injuries following a fire on an oil platform off the coast of Brazil operated by the state-owned energy giant Petrobras. According to the Norte Fluminense Oil Workers’ Union (Sindicato dos Petroleiros do Norte Fluminense), a fire occurred on the platform PCH-1 in the morning of April 21, 2025, at... Continue Reading →
(Reuters) - Halliburton reported lower first-quarter profit on Tuesday, as a slowdown in North American drilling activity weighed on demand and the oilfield services provider recorded a $356 million pre-tax charge. The company's shares fell 4% in premarket trading following the results. Halliburton is the first of the Big Three U.S. oilfield services provider to report earnings as... Continue Reading →
(OE) Tidal Action ultra-deepwater drillship has embarked on a voyage from South Korea to Brazil to start its maiden job at Petrobras’ Roncador field. The drillship has been officially handed over by its owner Hanwha Ocean to its subsidiary Hanwha Drilling, established in 2024 as its drillship fleet operator. Tidal Action, built on Hanwha Ocean’s... Continue Reading →
(OE) French tubular solutions supplier Vallourec has secured a contract with Allseas to supply line pipes for Búzios 10 offshore project located at the Búzios field, operated by Petrobras. The contract represents nearly 18,000 tons of subsea seamless premium carbon steel line pipes, for the risers and flowlines. It also includes an optional scope of... Continue Reading →
(offshore-energy.biz) Brazilian state-owned energy giant Petrobras has disclosed the arrival of a jack-up rig, owned by Borr Drilling, a UK-headquartered offshore drilling contractor, in Brazilian waters, where it will undertake well decommissioning activities at oil and gas assets off the coast of Brazil. After Borr Drilling’s Arabia I jack-up rig won a four-year contract with Petrobras in Brazil, with... Continue Reading →
(offshore-energy.biz) Prysmian’s new cable laying vessel (CLV) Monna Lisa has been loaded for the first time with submarine cable, destined for what will become the largest U.S. offshore wind farm once operational. Prysmian reported two days ago that submarine cable for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project was being loaded on Monna Lisa... Continue Reading →
Brazil Energy Insight 