Transocean beat earnings predictions by 25 percent in the second quarter, another sign that the offshore market is heating up after years of contraction and consolidation. The $100-plus price of oil is certainly helping, according to CEO Jeremy Thigpen.
Yinson, through its subsidiary Yinson Acacia Ltd, through its subsidiary Yinson Acacia Ltd, has entered into an exclusivity agreement with bp Exploration (Angola) Limited (“bp”), as the operator of the Block 31 Contractor Group (the “Agreement”) for the reservation of FPSO Nganhurra, a floating, production storage and offloading (“FPSO”) vessel for use in bp’s proposed 10 well subsea Palas, Astrea and Juno Oil Fields (“PAJ Project”) based in Block 31, Angola.
MMA Offshore has completed the acquisition of Subcon International Pty Ltd.
Subsea 7 and Van Oord have announced the award of a substantial1 contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy project offshore Guyana, in water depths of up to 1,450 metres.
Akastor ASA’s 50% owned affiliate AKOFS Offshore AS (AKOFS Offshore) has now signed a firm contract for its vessel “Aker Wayfarer” that will continue to perform services as a subsea equipment support vessel (SESV) for Petróleo Brasileiro S.A. (Petrobras) as client in Brazil.
Offshore sector consultancy Westwood Global Energy predicts that there will be good times to come for offshore oil and gas development over the next five years.
Worley will provide professional services in engineering, procurement, project services and support fabrication and construction.
Aibel has contracted Heerema Marine Contractors to transport and install two offshore converter stations (OCS) for the Hornsea 3 offshore wind farm.
The Technical Service Agreement (TSA) builds on an existing contract which has been optimised to fit Neptune’s future requirements.
ROV services firm Rovco has chartered the VOS Star vessel from owners to support the delivery of its offshore wind farm projects.
Transocean beat earnings predictions by 25 percent in the second quarter, another sign that the offshore market is heating up after years of contraction and consolidation. The $100-plus price of oil is certainly helping, according to CEO Jeremy Thigpen.
Yinson, through its subsidiary Yinson Acacia Ltd, through its subsidiary Yinson Acacia Ltd, has entered into an exclusivity agreement with bp Exploration (Angola) Limited (“bp”), as the operator of the Block 31 Contractor Group (the “Agreement”) for the reservation of FPSO Nganhurra, a floating, production storage and offloading (“FPSO”) vessel for use in bp’s proposed 10 well subsea Palas, Astrea and Juno Oil Fields (“PAJ Project”) based in Block 31, Angola.
MMA Offshore has completed the acquisition of Subcon International Pty Ltd.
Subsea 7 and Van Oord have announced the award of a substantial1 contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy project offshore Guyana, in water depths of up to 1,450 metres.
Akastor ASA’s 50% owned affiliate AKOFS Offshore AS (AKOFS Offshore) has now signed a firm contract for its vessel “Aker Wayfarer” that will continue to perform services as a subsea equipment support vessel (SESV) for Petróleo Brasileiro S.A. (Petrobras) as client in Brazil.
Offshore sector consultancy Westwood Global Energy predicts that there will be good times to come for offshore oil and gas development over the next five years.
Worley will provide professional services in engineering, procurement, project services and support fabrication and construction.
