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(OET) In a bid to propel the development of four oil projects forward, Angola-based Azule Energy, a joint venture between BP and Eni, has set its cap on using a digital design and visualization platform from FutureOn, a Norwegian software company specializing in the energy sector, which allows the latter to gain its first foothold in... Continue Reading →
(PN) Halliburton announced today a new contract with the Libra consortium, which is led by Petrobras. Under the agreement, Halliburton will develop a digital twin for a system in the Mero field, in the Santos Basin pre-salt. In a statement to the market, the company states that the technology will help the consortium to “reduce... Continue Reading →
Kongsberg Digital has partnered with Locar, a Brazilian offshore vessel operator, to enhance its digital infrastructure and optimize DP operations. Locar will integrate Vessel Insight, Kongsberg Digital’s vessel-to-cloud infrastructure to derive valuable data insights from their vessels. This implementation aims to provide Locar with a new level of transparency and optimize fleet performance. The initial... Continue Reading →
(OET) Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recurring revenue with Geo-data as a service. The plan is to target... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that in September its refining units reached 97% utilization for the second consecutive month. As a result, the Total Utilization Factor (FUT) of the refineries in 3Q23 reached 95.8%, the best result since 2014. The largest refinery in the country, the Paulínia Refinery (Replan), broke its utilization record, processing... Continue Reading →
(Reuters) - Italy's Prysmian (PRY.MI) aims at to increase core profit by around a third by 2027 as the world's largest cable maker takes advantage of opportunities from the global push towards cleaner energy and the digital transformation. Prysmian was at the crossroads of long term market trends of increased renewable generation, growing electricity demand, expanding power... Continue Reading →
Texas-based oilfield services company Weatherford has won a five-year contract to provide Intervention Services for Petróleo Brasileiro S.A. ("Petrobras") in Brazil. "Weatherford has performed Intervention Services in Brazil for more than 20 years in close cooperation with Petrobras to develop a comprehensive offering to address subsea intervention and commissioning," the company said. Weatherford said it... Continue Reading →
(OE) Oilfield services giant SLB, previously known as Schlumberger, said Thursday it had won a five-year contract with the Brazilian oil company Petrobras for an enterprise-wide deployment of its Delfi digital platform. The contract scope covers Petrobras’ digital transformation from exploration, development, and production operations, including moving subsurface workflows to the cloud to significantly accelerate... Continue Reading →
Norwegian companies TGS and Kongsberg on Wednesday announced a strategic collaboration to jointly develop integrated data and digital solutions for the offshore wind industry. TGS, known for its seismic services in the oil and gas sector, and Kongsberg, for its maritime equipment and technology, said the aim of the partnership is "more efficient use of data... Continue Reading →
(OM) The 10-year long-term agreement between Vallourec and ExxonMobil Guyana began in 2022 with the Yellowtail project, Vallourec announced May 3. The customer will utilize Vallourec’s line pipe products and its suite of digital solutions. Yellowtail is a deepwater project based in the Stabroek Block, more than 100 miles off the coast of Guyana. In 2022 Vallourec... Continue Reading →
Brazil Energy Insight 