Offshore & subsea

PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company

Yinson Production has officially named FPSO Maria Quitéria during a grand naming ceremony held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on 3 April 2024.

Petro-Victory Energy has provided an update on the workover campaign to increase oil production in the 100% owned São João field in the Barreirinhas Basin in Maranhão, Brazil.

Equinor has awarded ocean services provider DeepOcean a frame agreement for marine services covering subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore renewables and oil and gas fields.

MODEC has announced that it has been successful in securing the front-end engineering and design (FEED) for a floating production, storage and offloading (FPSO) system for Shell do Brasil Ltda (Shell) on the Gato do Mato development, offshore Brazil.

Masirah Oil has announced the spudding of the Yumna-5 well in the offshore Yumna Field in Block 50 Oman. The Yumna-5 well will be drilled at the crest of the structure to drain attic oil left un-swept by the current producers.

Subsea 7 has announced the award of a sizeable contract that will be recognised in the backlog of its Subsea and Conventional business unit in 2Q24.

Panoro Energy has announced that it has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23.

Transocean has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.

Researchers from Petrobras, the Geological Survey of Brazil (SGB), and 10 universities from the states that make up the geographical region of the Equatorial Margin, as well as two research institutions from the Southeast, has embarked for a scientific expedition on the Hydroceanographic Research Vessel (NPqHo) "Vital de Oliveira," operated by the Brazilian Navy.

Special task force for upstream oil and gas business activities (SKK Migas) in collaboration with production sharing contract (PSC) Prima Energy Northwest Natuna Pte. Ltd. (PENN) have concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) Oil Field.

Ocean Installer has secured a new subsea line modification (SLM) project award from Equinor on Åsgard A.

Fincantieri and Saipem have signed a memorandum of understanding to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles and their integration with surface and underwater units.

DNO ASA has announced completion of an appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery in Norwegian North Sea license PL827SB.

CNOOC has announced that the company has made a major oilfield discovery of Qinhuangdao 27-3 in Bohai Sea, which adds over a 100 million t of oil equivalent proved in-place volume.