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WATCH: Valaris drillship undergoing upgrades in Spain as another rig reaches Brazil

A 2014-built drillship, owned by the Bermuda-incorporated offshore drilling contractor Valaris, has come to Brazilian waters ahead of its assignment with Equinor Energy do Brasil, a subsidiary of Norway’s energy giant Equinor. Another unit from the rig owner’s fleet is currently getting upgrades in Spain for its next assignment in West Africa. The post WATCH: Valaris drillship undergoing upgrades in Spain as another rig reaches Brazil appeared first on Offshore Energy.

WATCH: 40-year-old FPSO comes to Spanish shipyard ahead of work in Southeast Asia

A 1986-built floating production, storage, and offloading (FPSO) vessel has arrived at a shipyard in Tenerife, which is part of Spain and the largest of the Canary Islands in the Atlantic Ocean. This unit has lined up for an assignment at two oilfields off the coast of Timor-Leste in Southeast Asia. The post WATCH: 40-year-old FPSO comes to Spanish shipyard ahead of work in Southeast Asia appeared first on Offshore Energy.

Karpowership’s affiliate dishes out millions to take over Seatrium’s US shipyard

With the completion of a multimillion-dollar sale deal, Seatrium has handed over a shipyard in Texas to Karpower Valley, a related party of Türkiye’s floating power plant company Karpowership, to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities. The post Karpowership’s affiliate dishes out millions to take over Seatrium’s US shipyard appeared first on Offshore Energy.

Drilling done: MOPU and FSO hook-up in motion at African oil field

Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, is approaching the finish line for the activities related to the hook-up of a mobile offshore production unit (MOPU) and a floating storage and offloading (FSO) unit at an oil field off the coast of Benin that has been offline since the late 1990s. The post Drilling done: MOPU and FSO hook-up in motion at African oil field appeared first on Offshore Energy.