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Month: September 2022

Canada-Nova Scotia Offshore Petroleum Board issues call for bids

September 29, 2022
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The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has issued Call for Bids NS22-1, which includes eight nominated parcels. Bids must be received by September 19, 2023 before 4:00 p.m. Atlantic Time. Successful bidder(s) may be awarded Exploration Licences (ELs), subject to the federal and provincial Ministerial review and approval process set out in legislation. The Call for Bids

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Keppel gets repeat FPSO deal from Petrobras, $2 billion plus

September 29, 2022
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Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has won a tender from Brazil’s National Oil Company, Petroleo Brasileiro (Petrobras), to undertake the engineering, procurement and construction (EPC) of P-83, a Floating Production, Storage and Offloading vessel (FPSO), for about US$2.8b. Scheduled for delivery in 1H 2027, the P-83 is a repeat order of the P-80 FPSO that Keppel

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Behind Arabian Drilling Company’s $700 million IPO

September 29, 2022
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Arabian Drilling Co., a Saudi Arabian oilfield-services company partly owned by Schlumberger NV, took only hours to garner enough investor orders to fully cover an initial public offering that could raise as much as 2.67 billion riyals ($710 million). Books are covered across the price range, according to a message sent to investors and seen by Bloomberg News. Arabian

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Shell awards TechnipFMC contract for Jackdaw project

September 28, 2022
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TechnipFMC has been awarded a significant(1) engineering, procurement, construction and installation (EPCI) contract by Shell for the Jackdaw development, located in the United Kingdom North Sea. The contract covers pipelay for a 30 km tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as an associated riser, spoolpieces, subsea structures, and umbilicals. The tieback will use pipe-in-pipe technology, which is designed for

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Maersk Viking awarded more work offshore Malaysia

September 28, 2022
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Maersk Drilling has secured a contract extension with Sarawak Shell Berhad and Sabah Shell Petroleum Co (SSB/SSPC) for the 7th generation drillship Maersk Viking. SSB/SSPC have executed the remaining three one-well options of the current drillship contract and awarded an additional eight-well contract to Maersk Drilling. A five-well work scope will be novated to PTTEP for drilling and plugging and abandonment activities at the Kikeh field offshore Sabah,

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ADNOC awards Petrofac 2-yr maintenance contract

September 28, 2022
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Petrofac has been awarded a two-year Field Maintenance Services contract extension with Abu Dhabi National Oil Company (ADNOC) Group’s, Al Dhafra Petroleum in the United Arab Emirates. Under the agreement, Petrofac will continue to support operations at the Haliba oil field, located onshore along the south-east border of Abu Dhabi, providing specialist personnel to maintain and support facilities. Nick Shorten, Chief

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bp awards wood 350 million maintenance contract

September 28, 2022
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Wood has been awarded a multi-region engineering services contract by bp to support efficient and safe energy production through the provision of asset repairs, modifications and enhancements. The five-year reimbursable contract, valued at around $350m, will be delivered via agile working methods to optimise cost and delivery performance, enabling operational efficiencies to be realised across bp’s offshore installations. This agreement renews Wood’s existing contracts in

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Shelf Drilling completes cash raise for 5 Noble jackups

September 28, 2022
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Shelf Drilling, Ltd. announced that it has closed its previously announced offering of USD 250 million aggregate principal amount of 10.25% senior secured notes due 2025. The Issuer intends to use the net proceeds from the notes offering to pay part of the purchase price for SDNS’s previously announced acquisition of five jack-up rigs from various subsidiaries

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Siapem rakes in 1 billion euro worth of contracts offshore Ivory Coast

September 28, 2022
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Saipem has been awarded two new contracts in Ivory Coast worth approximately 1 billion euro overall. The contracts have been assigned by the ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development of the relative oil and gas field offshore Ivory Coast located at a 1,200m water depth. The Baleine Prospect represents the largest commercial discovery

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