Offshore Oil & Gas news

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Exmar awarded contract for BP's US Gulf deepwater project - Splash247

The hull will feature Exmar’s patented OPTI design, marking the fifth time that this hull design will be used… for a new floating production unit (FPU), which will be built by Singapore shipyard group Seatrium.

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DeepOcean scores five-year contract extension in Mexico - Splash247

DeepOcean

ARBOL_GRANDE.pdf

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More Kaskida contracts awarded:

BP hands out engineering contract for Kaskida topsides - Splash247

It doesn’t say where the topsides will be fabricated and installed.

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Helix rakes in $786m worth of new deals from Petrobras - Splash247

The Siem Helix 2 has been performing riser-based well intervention activities for Petrobras in the Santos and Campos Basins since 2017 and to date has completed more than 100 well interventions.
The Siem Helix 1 previously worked for Petrobras from April 2017 until July 2021 completing 74 well interventions in the Santos and Campos Basins.

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Will the lights go out in Alaska?:

Offshore oil and gas platforms in Cook Inlet. (Nathaniel Herz/Northern Journal)

Small Cook Inlet producers say they need state government help before...

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Noble clears final regulatory hurdle for Diamond Offshore acquisition -...

Through this acquisition, Noble will increase its rig fleet from 31 to 41 owned plus the Vela drillship that Diamond Offshore manages. Of the 41, 28 will be semisubs and drillships while 13 will be jackups. At the time, the companies said that Diamond would bring with it around $2.1bn in backlog.

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DOF CSV gets decommissioning work off Australia - Splash247

This award secures further backlog in the APAC region for DOF, most recently bolstered by an extension and a new deal for the 2011-built dive support vessel Skandi Singapore .

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Saipem scores big with $1bn deal from Saudi Aramco - Splash247

This is the second deal with Saudi Aramco in the space of several months. In July, Saipem secured work on the Abu Safa, Berri, and Manifa fields in Saudi Arabia worth a total of about $500m.

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Shell taps Helix for well intervention services in Gulf of Mexico - Splash247

According to the company, the operations also include equipment that is part of the Subsea Services Alliance, which combines the collective strengths and capabilities of Helix and oilfield services giant SLB.

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TGS Starts 2D Seismic Survey Offshore Sumatra

“North Sumatra has been the site of major discoveries in the past few years. With this being our sixth consecutive acquisition project offshore Indonesia, TGS remains dedicated to advancing exploration in the region.

BalticShipping.com

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M/V “Geo Caribbean” Photo: frode adolfsen

This will be the first contract conducted by Shearwater Ghana, in conjunction with local partner Destra Energy and will include considerable local content participation.

Shearwater Fleet:

Vessel fact sheets - Shearwater

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GoM pipelines are hot topics in the news this week.
New infrastructure to go in:

Enbridge to build offshore pipelines for BP's Kaskida project - Splash247

The agreements contain options which BP may choose to exercise to connect potential future production from its emerging portfolio into the newly developed pipelines. The Canyon Oil and the Canyon Gas pipelines are being designed to accommodate connections from nearby discoveries.

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Old infrastructure to be removed:

US awards deal for offshore pipeline decommissioning - Splash247

“The funding provided by the Bipartisan Infrastructure Law is crucial to BSEE as we tackle orphaned infrastructure on the Outer Continental Shelf, which presents a serious hazard to safety and the environment,” said Kathryn Kovacs, head of BSEE.
It is worth noting that BSEE last year awarded contracts for the decommissioning of nine orphaned wells in the same area.

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BP is busy issuing contracts and getting ready for the Kaskida Field development in the GoM:

BP taps TechnipFMC for Kaskida subsea gig - Splash247

No financial details have been revealed but TechnipFMC categorised it as ‘substantial’ which for them is a contract between $250m and $500m. This award was included in inbound orders in the third quarter of 2024.

Other major deals for the project involve the FPU construction deal given to Seatrium, Exmar winning a deal for the design and engineering of the FPU, and Audubon Engineering being contracted to do the complete topside engineering and design for the unit.

Home - TechnipFMC plc

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Qatar Navigation Q.P.S.C. (“Milaha”), the leading provider of maritime and logistics solutions has announced a significant ten-years contract award through its subsidiary, Halul Offshore Services Company W.L.L. with North Oil Company (NOC) to operate “Milaha Al Shaheen”; the first flagship jack-up barge in Qatar.
Equipped with a 300-ton crane and accommodations for up to 304 persons on board (POB), the Milaha Al Shaheen is designed to support a range of offshore operations while adhering to the highest environmental sustainability standards. This reflects Milaha’s dedication to responsible maritime practices and aligns with Qatar’s broader environmental goals.

Source: https://www.milaha.com/en/news-and-media/milaha-wins-long-term-charter-noc-valued-qar-792-million

MILAHA AL SHAHEEN, Offshore Support Vessel - Details and current position -...

Ex. “Vahana Aryan”:

Vahana Aryan first jack-up to receive DNV’s Abate-Ready Notation

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Shell’s new solar-powered platform with 20-year design life on its way to...

With a combined total weight of approximately 11,000 mt, the topside left the MMHE West Yard on September 26, 2024, to begin its journey to an area off the coast of Bintulu, Sarawak. Two weeks before, a jacket, said to be one of the longest to be fabricated with innovative U-Loop design features at 158 meters, was delivered to the same location.

The jacket transport:

Jacket piles:

Topside transport:

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GoM is getting busy with new developments and new contracts:

Subsea 7 gets subsea work in US Gulf of Mexico - Splash247

The client or the financial details were not revealed. However, the company did state that it was a ‘sizeable’ deal which for them means a contract worth between $50m and $150m.

No details on construction yard(s) or vessel deployment yet either

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Subsea7 and OneSubsea firm up BP framework deal - Splash247

https://www.subsea7.com/en/about-us.html

About

Two vessels at Vigra Spoolbase situated near Ålesund, Norway:

Same place, one vessel and different season:

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Brazilian court overturns Saipem's ban on public contracting - Splash247

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Is it a “merger of equals”, or who is buying who?:

Transocean, Seadrill reportedly discussing merger

A final decision on pursuing a deal has not been made and the companies could opt to remain independent, the sources said. Representatives from the companies have not responded to requests for comment or have declined to comment, says Bloomberg.

https://www.deepwater.com/

Home - Seadrill Limited (NYSE:SDRL)

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McDermott awarded decommissioning contract offshore Australia - Splash247

Project management and engineering will be carried out by McDermott’s team in Perth with support from offices in Indonesia and Malaysia.