Oceaneering International Inc. has been awarded a BOP tethering services contract offshore Brazil from Petrobras, the company said on Oct. 13. The contract duration is one-year with the option to extend for an additional year.
The scope of work includes data acquisition and real-time riser analysis for dynamic positioning rig operations for up to seven wells in water depths between 150 m and 700 m.
Oceaneering will provide eight suction piles that will be manufactured locally as well as 10 wellhead load relief (WLR) tensioners, one monitoring system to be integrated on the BOP, and one suction pile pump to install the suction piles.
An anchor handling tug supply (AHTS) vessel will launch and install the suction piles and tensioners. The drilling rig will be used to connect the tensioners to the BOP.
“We appreciate Petrobras’ trust in our ability to provide dependable and cost-effective technologies and services,” Daniel Nogueira, manager of Oceaneering Projects Group, said. “This award reinforces our position and track record as a high-quality service provider in Brazil. This is an amazing opportunity for Oceaneering to expand its capabilities in Brazil with BOP anchoring services.”
Recommended Reading
Private Equity: Seeking ‘Scottie Pippen’ Plays, If Not Another Michael Jordan
2024-01-25 - The Permian’s Tier 1 acreage opportunities for startup E&Ps are dwindling. Investors are beginning to look elsewhere.
Some Payne, But Mostly Gain for H&P in Q4 2023
2024-01-31 - Helmerich & Payne’s revenue grew internationally and in North America but declined in the Gulf of Mexico compared to the previous quarter.
Uinta Basin: 50% More Oil for Twice the Proppant
2024-03-06 - The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.
In Shooting for the Stars, Kosmos’ Production Soars
2024-02-28 - Kosmos Energy’s fourth quarter continued the operational success seen in its third quarter earnings 2023 report.
Canadian Natural Resources Boosting Production in Oil Sands
2024-03-04 - Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.