(offshoreWIND.biz) DNV has completed the first-ever verification of a stage 3 floating LiDAR (Light Detection And Ranging) unit in Latin America assessing the deployment and performance of Fugro’s advanced equipment. Over a period of 55 days, DNV conducted rigorous tests on the Fugro SEAWATCH® buoy, equipped with a Zephir ZX300M LiDAR unit. The floating LiDAR... Continue Reading →
Brazil’s Prio in talks with Sinochem to buy Peregrino oil field stake
(Reuters) - Brazilian oil company Prio is in talks with China's oil and chemicals firm Sinochem (SASADA.UL) for the potential purchase of a stake in the Peregrino oil field, it said in a securities filing on Wednesday. No binding agreement has been reached so far, Prio added, after newspaper Folha de S.Paulo reported earlier in the... Continue Reading →
Constellation Secures $1B Deal with Petrobras for Two Ultra-Deepwater Drillships
(OE) Offshore drilling contractor Constellation has secured two new contracts with Petrobras, worth $1 billion, for the deployment of two ultra-deepwater drillships - Laguna Star, part of Constellation’s fleet, and Tidal Action, a newbuild rig, owned by Hanwha Drilling – at the Roncador field in the Campos Basin. The contracts are set to enhance local... Continue Reading →
JDR Cables opens new service centre in Brazil, to meet growing energy project demand
JDR Cables, the global subsea cable supplier and service provider, part of the TFKable Group, has announced a strategic expansion into Brazil where it has opened a new service centre in Macaé, located in the state of Rio de Janeiro. The service centre began operations in Q3 2024, providing clients with in-country technical and service... Continue Reading →
MDL to Support Maersk Supply Service for Work at Mero Field Off Brazil
(OE) Maersk Supply Service has awarded Scottish flex-lay specialist Maritime Developments (MDL) a solution-development scope in the Mero block in the Santos Basin, offshore Brazil. The scope entails the development of an integrated spread of equipment and expert personnel to support installation of a dynamic riser assembly, which will enable connection to a grid of... Continue Reading →
Prysmian’s ‘first-of-its-kind’ FPSO subsea tie-back system in Brazil saves operator money and time for offshore oil project
(offshore-energy.biz) Italy’s cable systems giant Prysmian has provided a solution to a tie-back project in the pre-salt layer off the coast of Brazil, which it describes as a groundbreaking system envisioned to connect fields 30 kilometers (km) away to a floating production, storage, and offloading (FPSO) unit, enabling fast-tracked development of an oil project with... Continue Reading →
TechnipFMC Secures Major Subsea Contracts at Petrobras’ Brazil Fields
(OE) Oilfield services company TechnipFMC has been awarded two multi-million-dollar subsea contracts by Petrobras for the pre-salt fields offshore Brazil. The first contract, deemed substantial by TechnipFMC, is to design, engineer, and manufacture riser flexible pipe, and for the supply of associated services including packing and storage. Substantial contract for TechnipFMC means its worth is... Continue Reading →
Petrobras’ new strategic plan to have greater focus on oil and gas, CFO says
(Reuters) - Petrobras' (PETR4.SA), opens new tab new multi-year strategic plan will have greater focus on upstream operations than the previous one, Chief Financial Officer Fernando Melgarejo said on Monday, as the Brazilian state-run firm looks to rebuild oil and gas reserves. Melgarejo told Reuters that the 2025-2029 plan, which is currently being drafted, does not foresee... Continue Reading →
Vallourec Boosts Pipe Coating Offering with Latest Acquisition
(OE) French tubular solutions supplier Vallourec has entered into a definitive agreement to acquire Matt’s subsidiary Thermotite do Brasil, a specialized provider of thermal insulation pipe coating services for the offshore oil and gas industry. The acquisition price is $17.5 million, on a cash-free, debt-free basis, subject to customary price adjustments, including working capital. Thermotite’s... Continue Reading →
Brazil’s hydropower faces risk from drying river basins
(Reuters) - Soil moisture in Brazil's main river basins used for hydropower generation has fallen to nearly two-decade lows, data collected by the London Stock Exchange Group shows, threatening a prolonged impact from a serious drought even after rains return. Tropical rains feeding Brazil's vast network of rivers typically allow hydropower plants to generate around... Continue Reading →