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Petróleo Brasileiro S.A. - Petrobras informs that, as a result of the progress of the development project for the Búzios field, in the Santos Basin pre-salt area, it signed today a contract with Keppel Shipyard Limited for the construction of platform P-80, the ninth unit to be installed in the field. This unit will be... Continue Reading →
(Bloomberg) -- When Talos Energy, a Houston driller, made the biggest private oil discovery in Mexico’s history in 2017, it enthusiastically led a $350-million investment in its new-found Zama field. Mexico had declared itself open to international business in energy, and Talos would help lead the way. What Talos didn’t know -- couldn’t know --... Continue Reading →
(OE) Oil and gas company Eco Atlantic said Friday it expected to start drilling at its Gazania-1 well off South Africa in September, as the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilized Friday. The Gazania-1 well is located in the Orange Basin in South Africa. The Orange Basin straddles... Continue Reading →
(OE) Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than those from drilling on land, according to research published on Thursday. The study, by researchers at non-profit Carbon Mapper, the University of Arizona, NASA's Jet Propulsion Laboratory, the University of Michigan and Arizona State... Continue Reading →
(OEM) The American Petroleum Institute (API), a trade association representing the oil and gas industry, believes ramping up domestic production and turning to U.S.-made energy is the answer to the global supply and demand imbalance hitting Americans at the pump and impacting the broader economy. The American Petroleum Institute claims that energy demand is outstripping supply... Continue Reading →
No longer in its infancy, offshore wind is a proven technology on course to play a key role in the decarbonisation of the global economy. Over the next decade, the industry will attract almost US$1 trillion in new investment. A growing number of competitors are flocking to take advantage of the massive opportunities that will... Continue Reading →
(Reuters) California on Wednesday set ambitious new targets for offshore wind development, saying turbines along its storied coastline would power some 25 million homes by 2050. In a unanimous vote, the five-member California Energy Commission (CEC) adopted a goal of 3,000 to 5,000 megawatts (MW) of offshore wind by 2030 and 25,000 MW by 2045, the agency... Continue Reading →
Brazilian shipowner Oceanica has awarded Green Yard Kleven in Norway with a contract to retrofit two platform supply vessels (PSVs) for operations with a remotely operated vehicle (ROV) and offshore crane. Oceanica recently purchased the vessels which have Marin Teknikk design MT6009. One is already at Green Yard Kleven and the other will arrive at... Continue Reading →
AKOFS Offshore has ordered a bespoke active heave compensated (AHC) launch and recovery system (LARS) from Hydramec and Scantrol to be used for subsea basket deployment. Working directly alongside AKOFS for the first time, Hydramec and Scantrol have teamed up to deliver the LARS which required some design changes to suit a new subsea basket... Continue Reading →
ExxonMobil has hired Acorn International, an environmental and risk management consultancy with offices in Boston and Houston, to perform an Environmental Impact Assessment (EIA) and lead the public consultation program for the Uaru Project, Exxon's fifth offshore development project in Guyana. The proposed project, located in the eastern portion of the giant Stabroek Block, where... Continue Reading →
Brazil Energy Insight 