Wood has secured contracts worth around $160 million with several companies – including Shell and Dana Petroleum – for ops in the UK North Sea.
After the repairs were carried out on the export pipeline’s subsea valve, Petrobras has resumed gas production from the Manati field.
Solstad Offshore has been awarded a long-term contract for another PSV by an undisclosed charterer to support operations in the North Sea.
Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, whose identity was not revealed.
According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is continuing its slow, upward movement.
Brazil’s oil and gas company Enauta will be drilling an additional well on the Atlanta field located offshore Brazil to increase production.
Borr Drilling has secured more work for two of its jack-up rigs, which will see one of them return from the warm stack to operational mode.
Brazilian oil and gas giant Petrobras has signed a revolving credit facility in the amount of $5 billion, maturing in December 2026.
Offshore services provider Subsea 7 has won a contract with Norwegian Aker BP for the Hanz field development located in the North Sea.
Lundin Energy has increased its interest in the next Barents Sea production hub while Equinor has agreed to continue the operatorship.
Offshore drilling contractor Shelf Drilling has secured a contract extension for a jack-up rig for operations in the Adriatic Sea offshore Italy.
Oil and gas E&P company Beach Energy has contracted DOF Subsea Australia for its Otway offshore phase 5 transport and installation project.
Oslo Børs-listed Subsea 7 has secured a contract to Subsea Integration Alliance with energy company Woodside for the Scarborough project offshore Australia.
Aker Solutions and AF Gruppen have terminated their plans to merge the two companies’ existing decommissioning operations.
