Petrobras oil and gas output increases over last year
State-owned oil company Petrobras said its oil and natural gas output in Brazil for June jumped 4% ias compared with a year earlier. Production was 2,407,366 barrels of oil equivalent per day
Offshore
Polarcus secures $410 million bank facility
Dubai-based marine geophysical specialist Polarcus Limited (OAX: PLCS) says that it has signed a term sheet for a bank facility of $410 million with DnB NOR Bank ASA and DVB Bank SE,
New contracts extend Otto Marine OSV operating horizons
Singapore’s Otto Marine Limited says that its Karp Marine Limited unit has secured vessel operating contracts worth US$15 million for three of the group’s offshore service vessels. These contracts mark the Group’s
Siemens equipment for first German-built wind farm installation vessel
J. J. Sietas KG of Hamburg is the first German shipyard to build an installation vessel for the erection of offshore wind farms. Siemens Marine Solutions will supply the ship’s diesel-electric propulsion
OSD to design seismic support vessel for Bourbon
IJmuiden, Netherlands, headquartered Offshore Ship Designers has been chosen to design a series of six new fuel-efficient seismic support/chase vessels ordered by offshore major Bourbon to be built at Dubai’s Grandweld Shipyards.
Glosten to commercialize PelaStar offshore wind turbine platform
Seattle based naval architectural and engineering consultancy Glosten Associates, Inc. has announced plans to commercialize its PelaStar floating wind turbine platform, and make the technology available to the offshore wind energy industry
Farstad strengthens its position in Brazil
Norway’s Farstad Shipping ASA has reached an agreement with Brazil’s Petroserv S.A. that will see it buy Petroserv’s 50 percent share in BOS Navegação S.A. for $56.5 million. The deal will give
MHI reinvents the Moss-type LNG tanker
Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of a new-generation liquefied natural gas (LNG) carrier marking an evolutionary advance from Moss-type LNG carriers. The new vessel-type dubbed “EXTREM” features a
Statoil awards Cat D rig contracts to Songa
Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. Statoil announced the tender for the new category D
Maersk declares option for two more drillships
Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea and has obtained a