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(OE) Singapore's Seatrium, through its subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind, a joint venture between Equinor and BP. The contract award follows the completion of the FEED (Front-End Engineering and Design) contract secured by... Continue Reading →
Vietnam aims to more than double its power generation capacity by 2030, but has slightly lowered its target for offshore wind and will heavily rely on coal until the end of the decade, according to a government document seen by Reuters. Total installed power generation capacity in the Southeast Asian country is projected to reach... Continue Reading →
NOV has signed a new contract with China's CIMC Raffles to supply another GustoMSC™ NG-20000X self-propelled wind turbine installation jack-up vessel design for Havfram, an offshore wind services company based in Norway, which recently ordered its second wind turbine installation vessel from CIMC. According to NOV, the NG-20000X-HF vessels are among the largest wind installation... Continue Reading →
(OM) Noble Corp drillship Noble Globetrotter I should start a contract offshore Mexico shortly following an extended permitting delay, the company said in its latest results statement. As for other vessels in the company’s 16-strong fleet, the Noble Gerry de Souza has sailed from the US Gulf of Mexico (GoM) to Nigeria. Noble Discoverer is due to begin a one-well contract... Continue Reading →
(OM) Petrobras’ average production in first-quarter 2023 rose to 2.68 MMboe/d. Main factors were the ramp-up of the P-71 FPSO at the Itapu Field in the presalt Santos Basin; startup of eight new wells in the Campos Basin (including three at Roncador and four at Barracuda, Caratinga, and the Jubarte Cluster); and improved platform production efficiencies. Presalt... Continue Reading →
Brazil's Petrobras may move a rig it has installed to drill at the mouth of the Amazon River Basin to another location if it does not obtain a long-awaited environmental license to start operations there, an executive said on Monday. The remarks from Exploration and Production Executive Director Joelson Mendes come after technical staff at... Continue Reading →
(OM) The 10-year long-term agreement between Vallourec and ExxonMobil Guyana began in 2022 with the Yellowtail project, Vallourec announced May 3. The customer will utilize Vallourec’s line pipe products and its suite of digital solutions. Yellowtail is a deepwater project based in the Stabroek Block, more than 100 miles off the coast of Guyana. In 2022 Vallourec... Continue Reading →
Petro Rio S.A. (“Company” or “PRIO”) (B3: PRIO3) announces its earnings for the first quarter of 2023. HIGHLIGHTS FOR THE PERIOD Click here for the Earnings Release.
(OED) Partners in the Corentyne block – Canada’s CGX Energy and Frontera Energy – have revised the total cost estimate for an exploration well, which recently found oil-bearing intervals, and its drilling programmed offshore Guyana, which is being carried out by a Noble-owned rig. Back in February 2022, Frontera and CGX disclosed a plan to spend... Continue Reading →
FutureOn, the global energy software company, has secured a multi-year contract with Petrobras to license its groundbreaking digital design and decision-making platform, FieldTwin. The major Brazilian oil and gas company will leverage the platform to spearhead the digital transformation of its subsea operations. FieldTwin will disrupt the current subsea workflow, enabling Petrobras’ teams to accelerate... Continue Reading →
