Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.
The post Petronas takes steps to unlock more hydrocarbons in Indone…
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PGNiG Upstream Norway has received consent to deploy one of the Odfjell Drilling-managed rigs for exploration activities in the Norwegian Sea.
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Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels.
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The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).
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Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.
The post Petrobras sets its cap on 14 new FPSOs by 2028 but decarbonization bells and whistles …