Offshore Deepwater News - page 4


Brazil-bound FPSO Sepetiba Departs BOMESC Shipyard in China

Jun 19, 2023

The Brazil-bound FPSO Sepetiba sailed away from the BOMESC shipyard in China on June 16, 2023, following completion of the topsides integration and onshore commissioning phases.The unit—SBM Offshore’s third Fast4Ward FPSO—is transiting to the Mero field in the Santos Basin offshore Brazil…

Baker Hughes Wins Subsea Contract from Eni in Ivory Coast

Jun 19, 2023

Energy technology company Baker Hughes announced it has been awarded a contract by Eni and its partner Petroci for the Baleine Phase 2 project in Ivory Coast, Africa’s first Scope 1 and 2 net-zero emissions development.This award, which includes eight deep water trees…

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

Jun 12, 2023

Active floating drilling rig utilization has rebounded from a low of 65% in 2018 to over 85% in 2023, energy intelligence group Wood Mackenzie said Monday, adding that the growth in demand and rates could even spur construction of new offshore rigs…

Nigeria's NNPC Signs Deals with Total, CNOOC on Deepwater Oil Block

May 26, 2023

Nigeria's state-owned oil company NNPC Ltd said on Thursday it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta…

Brazil's Petrobras Renews Bid to Win Offshore Oil Well License Near Amazon Mouth

May 26, 2023

Brazilian state-run oil firm Petrobras has asked to resume a process for a license to drill a controversial well near the mouth of the Amazon river, the company's chief executive said late on Thursday. CEO Jean Paul Prates' statement regarding…

Shell Extends Contract for Offshore Drilling Rig in Namibia

May 25, 2023

Norwegian offshore drilling company Odfjell Drilling has, on behalf of Northern Ocean, agreed a contract extension for the Deepsea Bollsta drilling rig with Shell.The contract extension for the offshore drilling rig, owned by Northern Ocean…

Noble Secures $500M Deal with Petrobras for Ultra-Deepwater Drillship

May 15, 2023

Offshore drilling contractor Noble Corporation has secured a $500 million contract with Brazil's Petrobras for the ultra-deepwater drillship Noble Faye Kozack.The contract for the drilling at the BM-S-11 and Tupi fields offshore Brazil, has a firm duration of 2…

Shell Awards Noble Voyager Drillship Contract for Deepwater Exploration in Mauritania

May 12, 2023

Offshore drilling firm Noble has secured a contract with Shell for the 7th generation drillship Noble Voyager.Under the contract with Shell, the Noble Voyager drillship will drill one deepwater exploration well offshore Mauritania. The contract…

Petrobras Q1 Oil Output Falls 4% on Asset Sales

May 05, 2023

Brazilian state-run oil company Petrobras said this week that its crude oil production during the first quarter fell 4% compared to the same period last year, citing the sale of some assets and the natural decay of old fields.Petroleo Brasileiro SA…

ExxonMobil Taps TechnipFMC for Uaru Subsea Production System

May 02, 2023

TechnipFMC announced Tuesday it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited to supply the subsea production system for the Uaru project offshore Guyana.The award covers 44 subsea trees and associated tooling…

Salamanca Development: LLOG Taps Subsea 7 for GOM Pipeline Work

May 02, 2023

Oil company LLOG Exploration Offshore has awarded a subsea installation contract to Subsea 7 as part of its Salamanca development project in the U.S. Gulf of Mexico.The Salamanca development project includes the Leon and Castile offshore oil fields…

Guyana Delays Closely-watched Oil Blocks Auction to July

Apr 13, 2023

Guyana's closely watched auction of 14 offshore oil blocks faces a delay with the South American country pushing back the deadline for oil explorers to submit bids to mid-July.The three-month delay is in response to industry feedback and the…

VIDEO: BP's First New Platform in U.S. Gulf of Mexico Since 2008 Starts Production

Apr 13, 2023

Oil major BP has started oil production at its Argos offshore platform in the deepwater U.S. Gulf of Mexico.With a gross production capacity of up to 140,000 barrels of oil per day, Argos is BP’s fifth platform in the Gulf of Mexico and the…

BW Energy Achieves First Oil at Hibiscus/Ruche Development off Gabon

Apr 10, 2023

BW Energy on Monday announced it has achieved first oil from the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon.'Production performance from the first well has been in line with expectations and is currently stabilized at approximately 6…

Katmai Flowline Jumper Failure Caused by Hydrogen Embrittlement

Mar 16, 2023

Hydrogen embrittlement was found to have caused a 2020 flowline jumper failure in the U.S. Gulf of Mexico, the Bureau of Safety and Environmental Enforcement (BSEE) said in a recent report.The incident, which occurred on July 24, 2020, in the Fieldwood Energy-operated deepwater Katmai field…

Current News

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SBM Offshore Hooks ExxonMobil’

BW Offshore Sets Out Plans to Recycle FPSO Petróleo Nautipa

BW Offshore Sets Out Plans to

Japan and US Team Up to Cut Floating Wind Costs

Japan and US Team Up to Cut Fl

Brazil Judge Suspends Petrobras Chair Over Conflict of Interest

Brazil Judge Suspends Petrobra

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