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Offshore & subsea

Valaris announces contract awards and fleet status updates

Valaris Limited has announced new contracts and contract extensions, with associated contract backlog of approximately US$1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.

 
 
 
 
 
 

SBM Offshore announces formal hire of FPSO Sepetiba

The company has announced that FPSO Sepetiba is formally on hire as of 02 January 2024 after achieving first oil and the completion of a 72-hour continuous production test leading to final acceptance.

 

Danos secures bp logistics contract

Danos has announced it has secured a contract with bp to renew its comprehensive drilling logistical services for the integrated energy company’s Gulf of Mexico assets.

 

TechnipFMC awarded major subsea contract by Petrobras

The company has been awarded a major integrated engineering, procurement, construction, and installation (iEPCI™) contract by Petrobras to deliver the Mero 3 HISEP® project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir.

 
 
 

Equinor sells its interests in Azerbaijan

Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.

 
 

Subsea7 awarded contract in North Sea

Subsea7 S.A. has announced the award of an extension of an existing frame agreement by bp, for subsea construction, inspection, repair and maintenance services (IRM), across bp’s North Sea assets.