Category: Energy

Allseas preps for huge subsea pipeline job at Brazil’s supergiant ultra-deepwater oil field

(offshore-energy.biz) Switzerland-headquartered offshore pipeline installation, heavy lift, and subsea construction contractor Allseas has put the wheels into motion to get ready for its new assignment on Brazil’s second largest oil field. With its headquarters in Switzerland and central engineering and project management office in the Netherlands, Allseas has opened a new project management and engineering... Continue Reading →

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Rystad Energy: Suriname set for exploration surge

(OM) The Guyana-Suriname basin has seen significant activity in recent years, with Guyana alone unearthing more than 13 billion barrels of oil equivalent (boe) of discovered volumes in the past decade. As operators in offshore Guyana continue to explore and develop its resources, the focus on its coastal neighbor, Suriname, is growing. Rystad Energy analysis forecasts... Continue Reading →

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China’s clean energy investments nearing scale of global fossil investments, researchers find

(Reuters) - China invested 6.8 trillion yuan ($940 billion) in clean energy in 2024, approaching the $1.12 trillion in global investment in fossil fuels, opens new tab, according to a new analysis for U.K.-based research organisation Carbon Brief. That was despite growth in China's clean energy investments slowing to 7% from 40% in 2023 amid overcapacity.... Continue Reading →

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Petrobras Forecasts Daily Production of 1.5 Million Barrels in Buzios and Announces R$78 Billion in Investments in Brazilian Shipyards

Petrobras expects to reach a production of 1.5 million barrels of oil per day in the Búzios field in the near future. The information was given by the CEO of the state-owned company, Magda Chambriard, during a Transpetro event. According to her, the increase in production will be supported by a robust hiring of support... Continue Reading →

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