Australian oil and gas company Karoon Energy has revised oil production forecast for its Baúna Field offshore Brazil, as it prepares for SPS-88 well intervention to resolve the issues relating to equipment on the Cidade de Itajaí FPSO.Due to operational issues encountered at its Baúna Field, located approximately 210 kilometres offshore Brazil in the southern Santos Basin, Karoon Energy has reduced the 2024 production forecasts…
Equinor has exercised a three-year option for AKOFS Offshore’s well intervention vessel AKOFS Seafarer.The option period is estimated to start in late fourth quarter of 2025, after the vessel has completed its customary Special Periodic Survey…
FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer…
Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured a multi-well project for three anchor handling tug supply (AHTS) vessels in Australia.The contract begins in second to third quarter of 2025, for a firm period of around 380 days up to 670 days per vessel…
Sweden-based Viking Supply Ships on Tuesday announced plans to outsource the management of its six anchor handling tug supply (AHTS) vessels to Sea1 Offshore, based in Norway.The management agreements are scheduled to be completed in October 2024…
Slovakia-based drilling specialist GA Drilling has entered into a technical cooperation program with Brazil’s state-owned oil and gas giant Petrobras to deliver more efficient deep drilling system.In cooperation with Cenpes, Petrobras’ research…
Lockport, La. based Bordelon Marine announced it has renewed the charter agreement with Oceaneering International for the Brandon Bordelon; 260-foot-long DP2 Jones Act compliant ultra-light intervention vessel for an additional two-year firm term plus one-year additional option…
U.S.-based oil and gas services firm Helix Energy Solutions has signed a five-year agreement with oil and gas company Talos Energy for decommissioning services in the U.S. Gulf of Mexico.Helix Energy Solutions will provide decommissioning services for offshore wells and infrastructure…
U.S.-based oil and gas services firm Helix Energy Solutions has been awarded a deepwater well intervention contract award by Esso Exploration and Production Nigeria (Esso) at Erha and Usan fields, offshore Nigeria.The project is expected to…
U.S.-based oil and gas services firm Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy for work offshore Brazil.The contract extension is for an additional 12 months and in direct continuation of the current contract…
Oslo-listed offshore vessel owner Siem Offshore has secured long-term contracts with Helix Energy Solutions for two of its Siem Helix well intervention vessels.The contracts, valued at a total of $682 million, follow the letter of intent the companies announced in November 2023…
Oslo-listed offshore vessel owner Siem Offshore has signed a letter of intent with offshore services firm Helix Energy Solutions Group.The LOI is for a possible long-term extension of charter contracts for Siem Helix 1 and Siem Helix 2 well intervention vessels at improved day rates…
North Sea-focused well plugging and abandonment service provider Well-Safe Solutions has unveiled a D300 saturation diving system aboard its Well-Safe Guardian P&A rig.The custom-built dive spread, with capacity for up to 15 persons, enables…
Helix Energy Solutions Group, Inc. has secured a deepwater well decommissioning contract with Shell in Brazil.The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. Helix will supply the Q7000 riser-based well intervention vessel…
Helix Energy Solutions Group, Inc. announced on Monday that it entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel offshore Brazil…