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While many challenges remain to deliver the full promise of U.S. offshore wind, so too do opportunities. Robert Galinski, DNV’s Offshore Wind Director, Americas discusses the pace and direction of the U.S. offshore wind market from the perspective of class. (OE) While Robert Galinski has served as DNV’s Offshore Wind Director, Americas, for just about... Continue Reading →
Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil. Enauta has been producing oil from the field using the FPSO Petrojarl I as an Early Production System, and has... Continue Reading →
Tractebel and partner companies have developed what they describe as the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns. The design study, unveiled by Tractebel Overdick GmbH, is said to outline an innovative solution for large-scale hydrogen storage on the high seas: a scalable offshore platform for... Continue Reading →
(OE) Swarm behavior of underwater vehicles has long been on the wish list. Couple that with collecting seismic data and you have an interesting challenge. The seismic industry has a track record for innovation – Blue Ocean Seismic Services is taking on the latest challenge. Seismic data acquisition isn’t perhaps at the top of... Continue Reading →
Equinor, Lundin, Shearwater GeoServices and Vår Energi have established a joint industry project seeking to develop a more environmentally friendly method for seismic data colletion. The goal of Project BASS is to develop a new low-impact acoustic source and seeks to produce a higher technological accuracy and improved seismic data quality for locating, quantifying and... Continue Reading →
(OM) Strohm has developed a thermoplastic composite pipe (TCP) with an integrated weight coating. The company has supplied the first fully bonded TCP flowline featuring the coating – measuring 2,200 m (7,218 ft) in length and with a diameter of 2.5-in. – to Trident to support the Elon-C subsea tieback to the Okume platform complex offshore Equatorial Guinea.... Continue Reading →
(Offshore) Wood Mackenzie’s Global Upstream Outlook 2022 predicts a 9% increase in investments next year to more than $400 billion. The consultants expect more than 40 projects with resources of more than 50 MMboe to be sanctioned, with low-breakeven, low-carbon deepwater projects dominating greenfield final investment decisions. Fraser McKay, vice president upstream research, said: “Companies will allocate... Continue Reading →
Energy intelligence provider Wood Mackenzie, a Verisk business, believes that the oil and gas sector will continue to rebound in 2022, but the positive outlook will be tempered by concerns about its future. In its Global Upstream Outlook 2022, Wood Mackenzie points out the upstream industry must respond to the implications of the pledges made at COP26 and... Continue Reading →
(ON) Organizations such as the Paris-based International Energy Agency (IEA) have recommended that there be no new petroleum exploration projects if the world is to avoid more catastrophic effects of climate change. But another report by two recognized organizations is advising that countries take a cautious approach in this respect, or they could face damaging... Continue Reading →
After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like? (OE) Over the past 12 months, the floating offshore wind sector... Continue Reading →
Brazil Energy Insight 