Mystery has continued to swirl around the responsibility and ownership of a vessel leaking oil offshore Trinidad and Tobago.
Rigs & Vessels
Adnoc Drilling and Alpha Dhabi set out their plans for the joint venture in November 2023. The company will acquire and invest in “tech-enabled oilfield services”. It aims to spend $1.5 billion.
Offshore drilling contractor Valaris (NYSE:VAL) has announced a swathe of new contracts and extensions, with its order backlog rising to $1.14 billion.
Westwood expects offshore rig dayrates to continue their upward trajectory across the board in 2024 as supply tightens.
"This will be the third of our rigs to work in Block 52 and we look forward to getting the Voyager back in action in early 2024.”
The rig has repriced from a rate in the “low $200,000s”, the executive said. Now, it is priced at "an effective day rate in the high $400,000s”. The price suggests a day rate of around $488,000.
The new FPU replicates about 95% of Whale’s hull and 85% of Whale’s topsides, Shell has said.
EIG has "admired Ocyan for many years and have been impressed by their ability to develop ambitious projects through challenging economic environments”, he said.
“At the same time [it is] hoping that shareholders with a long-term perspective will continue to support the company through joint ownership in the future”.
The company said it would carry out work with its FDS2, Constellation and Castorone vessels. It will carry out work from its Port of Georgetown base.
“Two decades later, we’re proud to be one of Shell’s chosen contractors to take part in the completion of this field’s life cycle.”
Harland & Wolff has confirmed a multimillion pound contract award for work upgrading the SeaRose floating production vessel stationed off Newfoundland.
The builder said the FEED contract would provide an initial release of funds and would also commit a Fast4Ward hull for Whiptail.
Noble Corp, the world’s biggest offshore oil-rig contractor by market value, expects the Biden administration’s new offshore-drilling plan to push new investments out of the US and into other parts of the world.
As a result of the acquisition, Transocean will own eight of the world’s ultra-deepwater drillships. The Deepwater Aquila can operate in water depths of up to 12,000 feet (3,657 metres).
The $9 billion project would aim to produce these fields, through subsea wells, to an FPSO. The facility would be around 150 km off the Suriname coast, with the reserves in water depths ranging from 100 to 1,000 metres.
The FPU would follow the same model as the Vito and Whale facilities, with Seatrium involved in both.
Equinor shelved its ambitious Bay du Nord development plans in May. However, the company is continuing to pursue exploration in the area.
There were a number of near misses on Hebron in 2021. Incidents included injuries on the facility and a support vessel.
TechnipFMC’s Deep Energy vessel is assisting in search efforts for a submarine which went missing on an expedition to explore the wreck of the Titanic off the Canadian coast.
Pemex discovered Trion in 2012. The Mexican company brought BHP Billiton in to the plan in 2016 in order to help develop the field. Now, the companies have drilled six wells on the field. Woodside bought BHP in 2022.
The Skandi Buzios has been involved in a fire while docked at a Brazilian port, according to local news agencies.
“The successful commissioning of the Enping 15-1 oilfield CCS demonstration project will strongly support the company’s efforts in increasing reserves and production and pursuing green and low-carbon development,” said CEO Zhou Xinhuai.
Perenco bought a 100% stake in the Pargo, Carapeba and Vermelho fields from Petrobras. After adjustments, Perenco paid $398 million for the assets offshore Rio de Janeiro state. It also took over the decommissioning liability.
The Ocean Patriot, released early from its Apache North Sea contract, is off to work for Repsol Sinopec.