Congratulations on a significant contract for its ultra-deepwater drillship, Deepwater Invictus, with bp in the U.S. Gulf of Mexico. The 1,095-day contract will commence in the first quarter of 2025, contributing approximately $531 million in backlog, excluding additional services and a mobilization fee. Key Points: ◾Contract Value: $531 million. ◾Duration: 1,095 days. ◾Commencement: Q1 2025. […]
South Korean shipbuilding giant Hanwha Ocean is preparing to send off a fixed platform to the Al-Shaheen oil field in Qatar. The platform, constructed for North Oil Company Qatar (NOC), will depart from Geoje Okpo yard at the end of July 2024 and is expected to arrive in Qatar within 25 days. Key Points: 🔲Project: […]
Partners: Equinor (40%, operator), ExxonMobil (40%), Petrogal Brasil S.A. (20%), and Pré-Sal Petróleo S.A. (PPSA). The FPSO Bacalhau, developed by MODEC, has made history as the world’s first newly built FPSO to receive the prestigious Approval in Principle (AiP) for the Slaughter Rating from the classification society DNV. This certification underscores the FPSO’s exceptional emission […]
In June 2024, the Maloob field recorded the highest liquid hydrocarbon production with 322 Mbd, followed closely by the Zaap and Quesqui fields, both with 159 Mbd. For natural gas production, the Quesqui field led with 552 MMpcd, followed by the Ixachi and Akal fields with 531 MMpcd and 302 MMpcd, respectively. Key Highlights: 🔲Maloob: […]