Offshore news

The vessels are being constructed for Greek shipowner Tsakos Group and will be a bare-boat charter by Brazilian energy logistics company Transpetro, supporting offshore operations in Brazil’s pre-salt oil fields.

Shelf Drilling, Ltd has announced that it has received a three-year contract award for the J.T. Angel jack-up rig with Oil and Natural Gas Corp. (ONGC) for operations in the Mumbai High, offshore India.

Innovex will retain intellectual property rights for the recently installed subsea tree orientation systems (VXTe) with the intent of licensing this technology to subsea tree manufacturers.

EnerMech has been awarded a three-year fixed term contract with a further two by two-year extension option periods by Dana Petroleum.

The Zhylyoi Subsoil Area is located partially in the Atyrau region and partially in the Kazakhstan sector of the Caspian Sea, with an area of approximately 958 square km.

The installation, completed earlier this year, forms part of Salunda’s growing activity in the Americas deepwater market.

Maritime Developments (MDL) has been awarded a contract by Saipem to provide specialist equipment and operational support for two recent flex-lay campaigns offshore Ivory Coast, Senegal and Mauritania.

The FPSO came on stream on 31 March, while the first cargo was loaded on 25 May, shipping around 700 000 barrels to Spain.

New in-depth report highlights how a legacy ‘CAPEX first’ mindset is leaving operators missing out on superior performance and cost benefits.

The launch and naming of ‘Carbon Destroyer 1’ marks a major breakthrough for Project Greensand and carbon capture and storage across the EU.