Key Takeaways PBR partners with Exail to install 30 Quadrans AHRS units on FPSOs to enhance operational precision. The AHRS offers high accuracy and performs reliably in harsh marine environments. Local support from Exail ensures smooth integration aligned with Petrobras' offshore standards.Petróleo Brasileiro S.A. - Petrobras (PBR) has awarded a contract to Exail, a global leader in inertial navigation technologies, to equip its Floating Production, Storage and Offloading (FPSO) units with cutting-edge Q ...

Key Takeaways Petrobras' P-84 and P-85 FPSOs will each produce 225,000 bop/d in Brazil's Atapu and Sepia fields. ABB will deliver all-electric systems, automation and eHouses to boost efficiency and cut emissions. Local manufacturing of UniGear ZS1 switchboards at ABB's Sorocaba site supports Petrobras' content goals.Petrobras (PBR) , Brazil’s state-run integrated oil and gas company, has taken a significant leap toward next-generation offshore energy production through a strategic partnership with ABB an ...

Acquires FPSO Nganhurra to leverage redeployment opportunities BW Offshore has signed an agreement to acquire the FPSO Nganhurra, securing a high-quality production unit in a market where comparable opportunities are becoming increasingly scarce. The transaction includes a limited upfront payment, with additional consideration contingent upon the successful redeployment of the unit before June 2027. With visible project opportunities emerging over the next few years, having this asset in place enhances our ...

Equinor ASA (EQNR) , the Norwegian energy major, has obtained a key drilling permit for an exploration well in the Norwegian North Sea, signaling continued momentum in offshore energy activity. The permit, granted by the Norwegian Offshore Directorate, allows the company to drill wellbore 35/11-31 S within production license 090.The drilling operation will be carried out using the COSL Innovator, a semi-submersible rig operated by COSL Drilling Europe. This unit, built in 2012, is capable of operating in wa ...

Company Overview - BW Offshore is engaged in engineering innovative floating production solutions and operates a fleet of Floating Production Storage and Offloading (FPSO) units with ambitions for growth [3] - The company has approximately 1,100 employees and is publicly listed on the Oslo stock exchange [3] Upcoming Financial Results - BW Offshore will release its Q1 2025 results on June 2 at 07:30 CEST [1] - A conference call will be hosted by CEO Marco Beenen and CFO Ståle Andreassen on the same day at 09:00 CEST, which will include a Q&A session [1] Conference Call Details - The presentation can be followed via a webcast with supporting slides and a Q&A module, available on the company's website [2] - There will be a 30-second delay for those following the webcast compared to the main conference call, and it is recommended to use an updated browser, preferably Chrome [2]

Successful handover of BW Adolo operations to BW Energy Gabon SA BW Offshore Limited (“BW Offshore”) and BW Energy Limited (“BW Energy”) announce that, with effect from 20 May 2025, operations and maintenance (“O&M”) of the FPSO BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon SA (“BW Energy Gabon”). Under an amended bareboat charter, BW Offshore’s subsidiary retains ownership of the unit and will continue to lease the FPSO to BW Energy Gabon on the same terms as previously agreed w ...

Great Lakes Dredge & Dock (GLDD) Q1 2025 Earnings Call May 06, 2025 10:00 AM ET Company Participants Eric Birge - VP - Investor Relations & FinanceLasse Petterson - CEO, President & DirectorScott Kornblau - Senior VP & Chief Financial OfficerAdam Thalhimer - Director of ResearchJonathan Tanwanteng - Managing Director Conference Call Participants Joe Gomes - Senior Generalist AnalystJulio Romero - Equity Analyst Operator Good day, and thank you for standing by. Welcome to the Q1 twenty twenty five Great Lake ...