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Month: September 2022

Petrofac awarded 3-year contract with Serica

September 16, 2022
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Petrofac has secured a three-year contract extension for maintenance services from Serica Energy. Under the terms of the agreement, Petrofac will continue with the provision of maintenance execution, maintenance consultancy and metering services to Serica Energy’s Northern North Sea asset, the Bruce platform complex which processes production from its Bruce, Keith and Rhum fields. The contract, which builds on a relationship

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Dolphin Drilling activated on Euronext N-OTC

September 16, 2022
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Dolphin Drilling has confirmed that it will be activated on the Euronext N-OTC list as of Thursday 15 September 2022. The listing is the first step towards a public listing of the Company on Euronext Growth Oslo by the end of October. The listing was confirmed by CEO, Bjørnar Iversen during his presentation at the Pareto Securities’ 29th Annual Energy Conference

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Shell announces new CEO

September 16, 2022
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Shell has turned to the head of its gas and renewables business to drive its transition to a lower-carbon future, picking Wael Sawan to replace Ben van Beurden as chief executive. Sawan's appointment comes at a pivotal time for the oil giant, which is aiming to reduce emissions to net zero by 2050 and moving away from fossil fuels

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Significant interest in investigating new exploration acreage offshore Norway

September 14, 2022
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Norway has received applications from 26 companies in the Awards in Predefined Areas (APA) 2022. Most of the companies that are active on the Norwegian shelf have submitted applications in this year's APA. The application deadline was 12 September. 'It's gratifying to note the continuing significant interest in investigating new exploration acreage, given the many awards made in the most recent

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OceanPact signs 3 year deal with Petrobras

September 14, 2022
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Brazilian offshore vessel owner and services provider OceanPact Serviços Marítimos has entered into a contract with Petrobras for remotely operated vehicle support (RSV) vessel Parcel do Bandolim. The 2007-built vessel, formerly Bourbon Pearl, will be going on a three-year charter with fellow state-controlled oil giant equipped with two own remotely operated vehicles (ROVs). “The entry of Parcel do Bandolim in its respective contract

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Petronas speaks on recent Baja-1 discovery

September 14, 2022
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PETRONAS Suriname E&P B.V. (PSEPBV) announced first oil discovery in Suriname, at the Baja-1 well in the country’s offshore Block 53.  The well, located about 189 kilometres offshore Suriname in a water depth of 1,140 metres, was successfully drilled to a total of 5,290 metres. It also encountered light oil in the Campanian aged sedimentary sequence. Post-drill evaluation

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Seaway 7 plans to deliver two new-builds in 2023

September 14, 2022
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Seaway 7, part of the Subsea7 Group, plans to raise USD 650 million through the issuance of new equity and debt, primarily to finance its two newbuild vessels, Seaway Alfa Lift and Seaway Ventus. Both vessels are anticipated to be delivered during 2023 and to enter operations in the first half of 2024. In addition to the newbuild vessels, the capital expenditure

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Reach Subsea announces significant contract awards offshore Brazil

September 9, 2022
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Reach Subsea, the trusted data and subsea service provider for ocean-based industries, has recently signed contracts amounting totally in excess of NOK 200 million, including an important strategic contract in the Brazilian market, which was signed today. The contract is the first result of a strategic partnership with a Brazilian offshore company. 'The contract in Brazil is very important for

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Maersk Drilling secures six-month extension for drillship with Shell

September 9, 2022
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Shell has exercised an option to extend the provisioning of the 7th generation drillship Maersk Voyager for drilling services offshore Mexico. The contract extension is expected to commence in April 2023, in direct continuation of the rig’s current contract, with a firm duration of six months. The contract value of the extension is approx. USD 77m, excluding integrated services expected to

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