Singapore’s Keppel Offshore & Marine (Keppel O&M) will build one of the world’s largest floating production storage and offloading (FPSO) vessels for Brazil’s Petrobras after winning a contract worth $2.3 billion.
Rigs & Vessels
Qatar Petroleum (QP) has signed a deal backing LNT Marine's LNG containment system for new medium and large LNG carriers.
Two former Valaris rigs are set for a new role – as launch sites for SapceX’s next generation of rockets.
Fugro has clinched a contract with Malaysian oil firm Petronas for positioning services for an exploration programme in the Guyana-Suriname Basin.
The direction of travel appears clear; around a quarter of the current offshore floater rig fleet - ships and semi-submersibles - will be sent to the scrapyard near-term.
Stena Drilling has struck a deal with CNOOC International for a one-well job off Newfoundland, Canada.