Oceaneering Lands Petrobras Deal

Oceaneering has trough one of its wholly owned subsidiaries, Marine Production Systems do Brasil, secured a four-year contract with a one-year optional extension period from Petrobras in Brazil.

The contract will support intervention and completion operations in Brazil.

Under the terms of the contract, Oceaneering will supply and operate three drill pipe riser (DPR) systems with installation workover control systems, or IWOCS, along with project management, engineering and support services.

The company plans to manufacture the associated umbilicals for the DPR systems at its facility in Niteroi, Brazil.

Oceaneering will start constructing and building the assets in the third quarter of 2018, and expects work under the contract to begin in the third quarter of 2019. The contract value is expected to exceed $50 million in revenue during the initial four-year period.

Roderick A. Larson, president and CEO of Oceaneering, said, “We are excited by this Petrobras award and the opportunity to expand our portfolio of service and product offerings in the growing Brazilian market. This award draws on our innovative capabilities and core competencies, including our expertise in control systems and umbilicals for the subsea industry, and demonstrates our ability to grow into adjacent markets.”

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

More info

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OCEANS 2019

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OTC Brasil

The conference is organized by the Offshore Technology Conference (OTC) and Brazilian Petroleum…

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Europort 2019

Europort, organised in the world port city of Rotterdam, will be the leading exhibition for special purpose vessels…

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