(Bloomberg) — Constellation Oil Services Holding SA’s bondholders are reaping a windfall due to increased demand for the company’s offshore rigs from Petroleo Brasileiro SA, a sharp recovery for a…
https://gcaptain.com/petrobras-offshore-spending-spree-fuels-rally-in-oil-rig-bonds/
Petrobras has green-lighted the chartering of offshore support vessels to cover short-term demand in the next couple of years and also revealed long-term plans to hire newbuild tonnage, which will focus on new technological solutions for the efficiency of its operations and reducing greenhouse gas...
https://splash247.com/petrobras-reveals-osv-chartering-game-plan/
“Fix the balance sheet before you fix the business.” This was the sage advice we gave two weeks ago when we compared Tidewater to its moribund and indebted competitors. We noted that Hornbeck, Bourbon, and Edison Chouest still have some way to go in resolving their balance sheet problems. But if...
Mitsui O.S.K. Lines (MOL) reports that its wholly owned subsidiary, SeaLoading Holding AS has signed a charter contract for the cargo transfer vessel SeaLoader 2 with Petrobras. The two companies have also decided to enter into negotiations on placing a shipbuilding contract for a third cargo transfer vessel by the end of 2024.
SeaLoading’s cargo transfer vessels (which it logically, but confusingly, refers to as CTVs) enable crude oil from a floating production, storage & offloading system...
https://www.marinelog.com/offshore/sealoading-and-petrobras-eye-build-of-new-cargo-transfer-vessel/
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...
TechnipFMC (NYSE: FTI) has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract worth over $1 billion from Petrobras. The contract is for the Mero 3 HISEP project, which…
https://gcaptain.com/technipfmc-awarded-1-billion-contract-for-mero-3-project-in-brazil/
In another sign of the uptick in the offshore drilling sector, Brazil’s Petrobras has awarded Seadrill Limited a pair of 1,064-day fixed-term contracts for its drillships West Auriga and West Polaris.
Awarded in a competitive bidding process, the contracts are expected to commence in the fourth quarter of 2024 and represent a total contract value of approximately $1.1 billion, inclusive of additional services and mobilization fees. The Petrobras orders give a significant boost to Seadrill’s...
https://www.marinelog.com/offshore/seadrill-books-petrobras-contracts-worth-1-1-billion/
Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) has been awarded fixed-term contracts by Petrobras for its drillships, West Auriga and West Polaris. The contracts, which were obtained through a competitive bidding…
https://gcaptain.com/seadrill-secures-1-1-billion-contracts-with-petrobras/
According to his carefully edited Wikipedia entry, Evangelos Marinakis “is a Greek media mogul, shipowner, lyricist, and member of the Piraeus city council. He is the founder and owner of Capital Maritime and Trading Corporation and also the owner of the football clubs Olympiacos in Greece and Nottingham Forest in England.” And now he is […]
Establishing itself as a leading provider of Fiber Bragg Grating (FBG) Technology-based fibre optic condition monitoring systems, Light Structures AS has landed two contracts with YANTAI CIMC Raffles Offshore. The P-80 and P-83 FPSO units of Petrobras’ Búzios offshore oil field in Brazil will be furnished with the SENSFIB hull stress monitoring system by Light Structures AS. Operating at a capacity of 225,000 barrels of oil per day, these FPSOs will...
https://mfame.guru/real-time-safety-and-digital-twin-data-for-petrobras-fpsos/