Offshore Deepwater News - page 4

 

Allseas' Pioneering Spirit Takes on Challenging Pipelay Project for BP

Oct 05, 2023

Oil major BP has selected offshore installation contractor Allseas to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal.Allseas will conduct the offshore…

Scana's Subseatec Nets 'Sizeable' Contract for US Gulf of Mexico Subsea Project

Oct 03, 2023

Scana-owned Subseatec has signed a 'sizeable' contract with an unnamed international energy company to deliver steel stress joints for a subsea development in the US Gulf of Mexico (GoM). Subseatec’s scope is a total delivery of steel stress joints in low-alloy steel…

Exxon, Hess Exit Kaieteur Offshore Oil Exploration Block in Guyana

Sep 28, 2023

U.S. oil producers ExxonMobil and Hess Corp have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results.The exit comes as the producers focus on their larger and highly productive Stabroek block…

Constellation's Alpha Star Offshore Rig Wins Multi-year Petrobras Contract

Sep 28, 2023

Brazilian oil and gas company Petrobras has awarded a long-term contract for offshore drilling contractor Constellation's semi-submersible drilling rig Alpha Star.According to Constellation, the  US$ 392 million contract has a firm duration of 1095 days plus a mutually agreed option…

Drillship Ordered in 2013 Wins First Contract

Sep 14, 2023

Offshore drilling company Transocean said Thursday it had secured a three-year contract for the newbuild ultra-deepwater drillship Deepwater Aquila with 'a national oil company' for work offshore Brazil. The contract is expected to start in…

TotalEnergies to Evaluate $9 Billion Energy Project in Suriname

Sep 13, 2023

TotalEnergies will begin studies for developing a $9 billion oil and gas project at Suriname's most promising offshore area, the French energy firm said on Wednesday during a visit by its CEO to the South American country.CEO Patrick Pouyanne…

Ahead of Schedule: Woodside's U.S. Gulf of Mexico Project Starts Production

Sep 13, 2023

Australian oil and gas firm Woodside said Wednesday its Shenzi North project has started production in the deepwater US Gulf ofMexico.Shenzi North is a two-well subsea tieback that takes advantage of the existing Shenzi infrastructure to increase the production capacity of the asset…

Valaris Secures $65 Million in New Offshore Drilling Contracts

Sep 11, 2023

Offshore drilling company on Monday announced new drilling contracts worth $65 million in total, excluding lump sum payments such as mobilization fees and capital reimbursements.These contracts were awarded after the company issued its most recent fleet status report on August 1…

TotalEnergies CEO Sees Sizeable Deepwater Development in Suriname

Sep 07, 2023

TotalEnergies' Chief Executive Patrick Pouyanne will visit Suriname next week with the possibility of 'good news' on developing oil projects in the South American country, he said on Wednesday at a conference.France's TotalEnergies and partner U…

BW Energy Closes Deal to Acquire Saipem FPSO in Brazil

Aug 29, 2023

Norway's BW Energy is now able to move forward with its acquisition of the FPSO Cidade de Vitória on the Golfinho field in Brazil, more than a year after it reached a deal with the FPSO's Italian owner Saipem.The two companies had signed a memorandum…

Seatrium Bags Contract for Shell's Sparta Production Unit

Aug 27, 2023

Singapore-based Seatrium Oil and Gas International has signed a Letter of Intent with Shell Offshore for construction work relating to Shell’s Sparta project in the Gulf of Mexico.Sparta is a deepwater development approximately 170 miles off the Louisiana coast…

Exxon Proposes Sixth Oil Project in Guyana for $12.9 Billion

Aug 21, 2023

Exxon Mobil Corp and partners plan to spend $12.93 billion to develop their sixth offshore oil project in Guyana, according to a filing published on Monday by the South American country.The floating production platform for the so-called Whiptail…

Diamond Offshore's Ocean Apex Starts Drilling off Australia

Aug 21, 2023

Offshore drilling contractor Diamond Offshore announced its semisubmersible rig Ocean Apex has commenced a two-well drilling campaign for Woodside Energy in Australia.The rig recently underwent a five-year special periodic survey at the Seatrium…

Operators “Wait and See” on Floater Reactivation Economics

Jul 18, 2023

The floating rig market has long since crossed an inflection point incentivising the reactivation of cold-stacked tonnage, yet operators remain disciplined in their approach, according to new research by Maritime Strategies International (MSI)…

Ghana: Tullow Oil's Jubilee Offshore Field Hits 100,000 Barrels per Day Mark

Jul 17, 2023

Oil company Tullow said Monday that production from its Jubilee oil field offshore Ghana had surpassed 100,000 barrels of oil per day, following the recent start-up of the Jubilee South East (JSE) Project.'Gross production from the field has surpassed 100…

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