Siem Offshore has sealed new deals with TotalEnergies for two platform supply vessels operating in Brazil. The 2013-built Siem Atlas and 2014-built Siem Giant have been fixed from June this year for an undisclosed sum in direct continuation of their current employment with the French energy major....
https://splash247.com/siem-offshore-firms-up-long-term-psv-contracts-in-brazil/
Norwegian offshore service provider Archer has won a platform drilling contract with the Brazilian arm of oil and gas player Trident Energy. The contract has an initial estimated value of $20m over two years. The contract includes an additional one-year option and further options at mutual...
https://splash247.com/archer-bags-platform-drilling-deal-in-brazil-from-trident-energy/
Brazilian offshore drilling player Petroserv Marine is set to be acquired by a consortium of financial investors. A special purpose vehicle PS Marine Holding will take over all Petroserv’s assets via a share purchase of its subsidiary, Universal Energy Resources for an undisclosed sum. Founded in...
https://splash247.com/brazilian-drilling-contractor-petroserv-agrees-takeover-deal/
Brazilian drilling contractor Foresea has secured more work from Petrobras for its ultra-deepwater drillship ODN II. The deal worth around $160m will see the 2012-built floater continue operating in the Brazilian Equatorial Margin. The extension is for 363 days and has already kicked off in direct...
https://splash247.com/foresea-seals-160m-drillship-contract-extension-with-petrobras/
Seatrium has reached in-principle settlement agreements with the Brazilian authorities concerning “Operation Car Wash”, a probe into allegations of bribes to secure contracts in the country’s offshore energy sector. The Singapore offshore and marine yard group, formerly known as Sembcorp Marine,...
https://splash247.com/seatrium-settles-corruption-probe-in-brazil-for-137m/
Nasdaq-listed oilfield services major Baker Hughes has won a contract award from Brazilian oil giant Petrobras for integrated well construction services in the Buzios field offshore Brazil. The integrated services project is set to start in the first half of 2025 and will include drilling services,...
https://splash247.com/petrobras-taps-baker-hughes-for-buzios-well-construction-services/
Best Medium Pusher Tug – HB Poraque – Belov Engenharia This very interesting and versatile medium-sized inland waters pusher tug has been built as the first of a pair by a Brazilian shipyard, Belov Engenharia. The hybrid-electric-powered vessel, with a shallow draught and an impressive top speed of...
Gong Xi Fa Cai, Kung Hei Fat Choi, and Chúc mừng Năm Mới! Happy Lunar New Year to all our readers, and welcome to the Year of the Dragon. At least, this is one time of year where nobody will be sneaking abandoned offshore rigs and supply vessels out of Chinese shipyards to the market […]
The post COLUMN | Quick updates: Total buys a rig; Trident cans a rig; Standard sales succeed and fail; Saipem wins and loses corruption battles; Sapura hit with wind arbitration [Offshore Accounts] appeared...
Houston-based offshore contractor Helix Energy Solutions has landed contract extensions in Brazil and in the US Gulf of Mexico. The first deal is a 12-month extension of its decommissioning contract with Trident Energy in Brazil. The campaign is set to start in the fourth quarter of 2024 at rates...
https://splash247.com/helix-bags-contract-extensions-in-brazil-and-us-gulf/
The novelist Jodi Picoult once said that, “there are two ways to be happy: improve your reality, or lower your expectations.” Changing the world for the better is hard, but there have been a lot of expectations lowered in the offshore industry this week. Unfortunately, these reduced expectations seem to have produced little joy in […]
The post COLUMN | Lowered expectations: Saudi Arabia’s oil production; Nigeria’s currency; SBM’s whistleblower; Falkland Islands’ FPSO [Offshore Accounts] appeared...