Helix vessel getting ready for Brazilian decom job with Shell at Namibia’s port

(offshore-energy.biz) U.S.-headquartered offshore energy services provider Helix Energy Solutions has confirmed the arrival of its purpose-built DP3 semi-submersible vessel to Namibia’s Port of Walvis Bay to prepare for its decommissioning assignment off the coast of Brazil. The U.S. player won a 12-month deepwater well decommissioning contract with extension options for work in Brazil’s Campos Basin in October... Continue Reading →

December 19, 2024 0

Tugdock hits key milestone as its pioneering TSP technology earns DNV endorsement

Tugdock has reached a significant milestone as its Tugdock Submersible Platform (TSP) is awarded the prestigious ‘Statement of Feasibility’ from DNV, the world’s leading independent energy expert and assurance provider. This endorsement recognizes the TSP as a transformative technology with applications across multiple markets, including floating offshore wind, vessel drydocking and decommissioning. The TSP is a... Continue Reading →

December 16, 2024 0

Petrobras Slashes Platform Decommissioning Budget

(OE) Brazil's state-run oil firm Petrobras PETR4.SA cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters. Petrobras expects to invest $9.9 billion in platform decommissioning through 2029, compared with more than... Continue Reading →

December 6, 2024 0

New Joint Industry Project Sets Sights of Nature Friendly Offshore Wind Farms

Specialist offshore wind engineering consultancy Wood Thilsted has signed a memorandum of understanding (MoU) with multiple industry and research institutions to jointly advance nature inclusivity in offshore wind farm designs. The joint industry project (JIP) aims to redefine what it means to create offshore wind farms that positively impact natural ecosystems throughout their lifecycle. The... Continue Reading →

November 19, 2024 0

FPSO Petrojarl Enters Decom Phase as FPSO Atlanta Readies to Take Over

(OE) Brava Energia, a Brazilian oil and gas firm created by the merger of 3R Petroleum and Enauta, has ceased production from Petrojarl floating, production storage, and offloading (FPSO) unit, as the new FPSO Atlanta gets ready to take over at a field offshore Brazil. As part of the production transfer to the FPSO Atlanta,... Continue Reading →

November 19, 2024 0

Guyana, Suriname could supply 12 million tonnes of LNG annually in the 2030s, report says

(Reuters) - Guyana and Suriname could supply 12 million metric tonnes of liquefied natural gas annually at a competitive price by the next decade, according to a report by Wood Mackenzie on Monday. LNG demand is expected to spike by the end of the decade as industries switch from highly polluting coal to gas, which can cut... Continue Reading →

November 4, 2024 0

China’s Mingyang and Brazil’s ISI-ER sign cooperation agreement on offshore wind power

(eixos)The Senai Institute for Innovation in Renewable Energy (ISI-ER) and Chinese wind turbine manufacturer Mingyang signed a cooperation agreement on Thursday (24) for activities related to the offshore wind market in Rio Grande do Norte The intention is to develop local capacity. The state has 25.5 GW in projects with licensing requests from Ibama, out... Continue Reading →

October 25, 2024 0

Helix bags $786 million for multi-year well intervention ops with two vessels offshore Brazil

(offshore-energy.biz) U.S.-headquartered offshore energy services provider Helix Energy Solutions has picked up multimillion-dollar long-term assignments off the coast of Brazil for two vessels, which will carry out well intervention work for the country’s energy giant, Petrobras. Following a competitive tender process, Helix entered into three-year vessel charter and service contracts with Petrobras for the Siem Helix 1 and Siem Helix 2 riser-based... Continue Reading →

August 28, 2024 0

The Mounting Offshore Oil & Gas Decommissioning Cost

By Andrew Burr, North America Analyst, Welligence Energy Analytics (OE) The safe, timely and cost-efficient decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the liability currently stands at over $300 billion (real terms), and this will only increase as companies continue to make... Continue Reading →

August 22, 2024 0

Halliburton signs contract to provide well services to Petrobras

(PN) Halliburton announced today (8) that it has been contracted by Petrobras to provide a range of services in Brazil for integrated interventions and decommissioning of offshore wells. The commercial agreement is expected to begin in the second quarter of 2025. It will be a major new contract for the company, as it will cover... Continue Reading →

August 8, 2024 0

Category: Decommission