Petrobras has awarded DOF Subsea an eight-month contract for the Brazilian built PLSV Skandi Niterói. The contract, which will commence immediately, comes with an eight-month option. “I am very pleased with the contract award, securing…
Hoover Container Solutions announced three new changes to its senior management team, supporting its continued global growth. Joseph Levy has been appointed senior vice president and chief financial officer; Johan Wramsby has been appointed senior vice president and chief operating officer…
Petrobras has hit another big pay day at its seventh appraisal well inside the Libra block, in the pre-salt layer of the Santos basin, the firm reported on 15 June. The Brazilian oil giant said it was 'Libra's largest net pay' to date…
Polarcus has received a letter of intent (LOI) from an undisclosed client for an additional broadband 3D marine seismic survey offshore South America. The project will commence in early Q4 2016 and run for approximately three months. “This…
Pacific E&P has made its outstanding payments to its joint venture partner Karoon Gas for its share of the five blocks in the Santos basin, offshore Brazil. Earlier this week, Karoon called out Pacific by issuing a default notice to the Canadian company…
Karoon has issued a default notice due to joint venture partner Pacific Exploration and Production Corp. for overdue payments for several blocks offshore Brazil. The planned Echidna appraisal drilling campaign scheduled for the September…
InterMoor appointed Cleiver Moulin as managing director in Brazil. Moulin will be responsible for overseeing InterMoor do Brasil’s business in the region. Moulin joined InterMoor do Brazil in 2010 as a senior project manager and has since played management roles in projects…
Trelleborg’s offshore operation has appointed Sebastian Araujo as managing director of its Brazilian manufacturing facility in Macae. Araujo has an extensive background in the oil and gas subsea sector, previously holding general and…
Saipem has been awarded new drilling contracts and extensions to existing contracts in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America, with a cumulative value of approximately Euro 150 million (US$170.48 million). Eni…
BP’s compiled data from last year has revealed that global energy consumption has slowed further, with the mix of energy sources shifting towards lower-carbon fuels. Image from BP. In…
Last year was a challenging year for the floating production systems (FPS) market. The low oil price threatened the commerciality of numerous projects, delay announcements for FPS units under construction arrived regularly and overall only four orders were placed…
The global offshore rig count for May 2016 has fallen 20%, when compared to May 2015, with Latin America seeing the biggest drop by 57%. Image from Saudi Aramco. According to Houston-based Baker Hughes…
Petrobas' pre-salt production has reached 40% of all the state-oil firm's production in Brazil and 12 more systems are due online in the Santos Basin alone by 2020, the firm has said. The milestone was reached as over all pre-salt production set new highs…
DOF Subsea has been awarded several ROV and diving contracts for the Skandi Achiever vessel in the North Sea and the North America region, securing utilization of the vessel until end-October 2016. Following completion of ongoing commitments in the North Sea…
Helix Energy Solutions completed its contract renegotiations with Petróleo Brasileiro (Petrobras) and has entered into amendments to its well intervention services contracts for its two chartered vessels, the Siem Helix 1 and the Siem Helix 2…
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