OneSubsea has completed a joint industry project in Brazil with TotalEnergies, Equinor, BP and Chevron to develop and qualify fully electric subsea production technologies for applications in water depths of up to 3,000 meters.The Brazil All-Electric Joint Industry Project (JIP), supported through the Brazilian National Petroleum Agency's (ANP) research and development regulation, focused on integrating electric subsea equipment…
DOF Group ASA has agreed to sell the 2018-built subsea construction vessel Skandi Implementer to an undisclosed buyer.The vessel is planned to be delivered to its new owner in Q2 2027. The sale will contribute to a material reduction in the Group’s net debt…
TechnipFMC and BP have signed a memorandum of understanding (MoU) to explore cooperation on the supply of high-pressure subsea production systems for BP's Paleogene oil developments in the U.S. Gulf.The agreement, announced on October 20, establishes…
Offshore drilling contractor Transocean has secured contracts worth approximately $550 million for two ultra-deepwater drillships in the U.S. Gulf, covering a combined 15 wells and adding to the company's firm contract backlog.The contracts…
Equinor has exercised options for two additional wells using Odfjell Drilling's Deepsea Atlantic semi-submersible rig, extending its firm contract into the late fourth quarter of 2027.The additional wells will be drilled in direct continuation of the rig's existing contract…
HYDRA SUBSEA announced the execution of a commercial agreement with Shell Offshore Inc. for a standardized deepwater pipeline installation solution for selected short distance subsea tie-ins in the Gulf of America. Shell’s Appomattox gas lift line is the first project proposed…
BW Energy has secured $208 million in long-term lease financing for the Akoum wellhead platform (WHP) planned for its Bourdon oil field development offshore Gabon, alongside an 18-month extension of its $250 million corporate revolving credit facility…
Kongsberg Maritime has secured a contract with IWS Fleet, a subsidiary of Integrated Wind Solutions (IWS), to provide vessel design and integrated technology systems for four new commissioning service operation vessels (CSOVs) intended for offshore wind operations…
Offshore drilling contractor Seadrill has secured new drilling contracts and extensions covering four rigs offshore Indonesia, Malaysia, Angola and in the U.S. Gulf.In Indonesia, West Carina drillship has been awarded a contract with an undisclosed…
Lamprell has signed an agreement with International Maritime Industries (IMI) to fabricate several offshore structures, including a production platform and jackets, at IMI's Ras Al-Khair facility in Saudi Arabia.The fabrication work forms part of an offshore engineering…
Framo has signed a four-year agreement with Petrobras to inspect and maintain pumping systems across the Brazilian energy company's fleet of about 30 floating production, storage and offloading (FPSO) units, in what the Norwegian pump manufacturer…
Yinson Production has priced $1.458 billion of senior secured notes to refinance debt linked to its Agogo floating production, storage and offloading (FPSO) unit operating offshore Angola, in what the company said was the largest FPSO project bond to date…
Oil prices climbed on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude.Brent futures LCOc1 rose 81 cents…
Drilling waste management specialist TWMA has secured a multi-million-dollar contract from an unnamed North Sea operator to provide offshore drilling waste management services for a multi-well campaign in the UK North Sea.The contract, awarded under an existing agreement…
Lloyd's Register (LR) has awarded Approval in Principle (AiP) to GasEntec for a floating storage and regasification unit (FSRU) concept capable of delivering up to 1 billion cubic feet of gas per day, placing it among the highest-capacity FSRU designs currently under development…
Subscribe
