(Offshore-energy.biz) Dutch FPSO operator SBM Offshore has officially named a floating production, storage, and offloading (FPSO) vessel destined to work at a giant field off the coast of Brazil for the country’s state-owned energy heavyweight, Petrobras. After obtaining a binding letter of intent (LoI) in February 2021, SBM Offshore inked contracts with Petrobras for the 26.25-year lease and operation of... Continue Reading →
Archer Lands $40M Drilling Services Contract from Equinor in Brazil
(OE) Oilfield services firm Archer has been awarded a two-year contract for platform drilling services for Equinor in Brazil. The contract will commence in November 2024 in direct continuation of Archer’s current contract for drilling operations and maintenance on Equinor’s Peregrino A & B platforms and includes an optional two-year extension period. The estimated firm... Continue Reading →
Britain’s Crown Estate Posts Record Profits on Offshore Wind Licenses
(Reuters) Britain’s Crown Estate, which manages King Charles' public property, posted a record profit for 2023/24 of 1.1 billion pounds ($1.42 billion), boosted by income from offshore wind leases, its results showed on Wednesday. The Crown Estate, which comprises tracts of land and most of Britain’s sea bed, is an independently run, commercial business, whose... Continue Reading →
Petrobras Places Flexible Pipe Order to TechnipFMC for Brazil Fields
(OE) Oilfield services company TechnipFMC has secured a ‘substantial’ contract from Petrobras to supply flexible pipe for the pre-salt fields offshore Brazil. The contract covers the design, engineering, and manufacture of flexible pipe for water injection and gas lift. Although the exact value of the contract was not disclosed, for TechnipFMC, a ‘substantial’ contract is... Continue Reading →
Windcatcher Receives AIP from DNV
(OE) Wind Catching Systems announced its 40MW Windcatcher design has received approval in principle (AIP) from DNV. The objective of an AIP is to perform a third-party technical evaluation of a design to assess whether there are any conceptual showstoppers or rule compliance aspects that need improvement. As such, a successful AIP indicates the likelihood... Continue Reading →
Empire Energy and Largo Concrete Cement Offshore Wind Partnership
(OE) Empire Energy's Offshore Division, an offshore wind EPC firm, has partnered with Largo Concrete, a structural concrete contractor, to support the growth of offshore wind sector. The partnership will leverage Empire Energy Offshore's project portfolio and deep industry knowledge alongside Largo’s concrete expertise to drive innovative solutions and sustainable infrastructure in the growing offshore... Continue Reading →
Ocyan Inks $135 Million Contract with Petrobras for Services in Buzios Field
(Reuters) EIG-owned Ocyan has signed a contract worth around 750 million reais ($134.61 million) to provide maintenance and maritime services to Brazil's state-run oil firm Petrobras, Ocyan's chief executive Jorge Luiz Mitidieri told Reuters. The deal will last at least four years, in what is the largest individual contract signed by Ocyan since the COVID-19... Continue Reading →
CBO signs with Equinor to operate PSV Delta Cardinal
(TN) CBO signed a contract with Equinor Brasil to operate the PSV Delta Cardinal, in partnership with Delta Logistics Limited, owner of the vessel, which has extensive experience in maritime support in the Caribbean and South America region. The operation begins in July and foresees a duration of one year. The vessel joins the Company's... Continue Reading →
Valaris DS-17 will drill the Raia project in Brazil
Equinor, on behalf of its partners in the Raia project – Repsol Sinopec Brasil and Petrobras, awarded Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil Petróleo e Gás LTDA, a drilling contract for operations in Brazil. Drilling activities are scheduled to begin in 2026. The objective is to drill six wells, with... Continue Reading →
Siem vessel scores contract extension with PXGeo in Brazil
Siem Offshore has secured a contract extension for its 2009-built diesel-electric driven multipurpose support vessel (MPSV). The 93.6-meter-long MPSV Siem Dorado has been awarded a contract extension from marine geophysical service provider PXGeo for utilization for two years and four-month firm period in direct continuation. This extension ensures that the Siem Dorado vessel, a research... Continue Reading →