New JV sets up engineering and asset integrity management firm in Guyana

(OET) Norway’s asset integrity management company Axess Group and Guyana Logistics and Support Services (GLASS) have established a joint venture (JV) to launch an engineering and asset integrity management (AIM) firm in Guyana. Axess has been delivering services including design, inspection, maintenance, certification, modification, engineering, and installation of equipment for both offshore and onshore installations,... Continue Reading →

February 23, 2024 0

Nearly 90 greenfield, brownfield project FIDs expected this year

(OM) Global energy demand continues to ramp up as the world economy emerges from the constraints of the COVID-19 pandemic. According to the US EIA, liquids consumption has grown by 10% over the past three years, averaging 101 MMb/d in 2023. The rebound in oil demand to above pre-pandemic levels continues to spur investments in... Continue Reading →

February 22, 2024 0

HISEP® development and implementation contract is initiated by Petrobras

(TN)Petrobras announced the start of the contract for the development and implementation of HISEP®, an unprecedented technology patented by the company that will be used to increase production efficiency, reduce costs and the intensity of emissions in pre-salt oil and gas production systems. At the Petrobras Research, Development and Innovation Center (Cenpes), in Rio de... Continue Reading →

February 21, 2024 0

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

(OE) SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore. The FPSO is set to join three other SBM Offshore-operated FPSOs in Guyanese waters in 2025. Building upon the success of... Continue Reading →

February 21, 2024 0

Aker Solutions and Principle Power Win 1GW Floating Wind FEED Contract

(OE) Copenhagen Infrastructure Partner (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for floating offshore wind projects in South Korea. Haewoori floating offshore wind 2 and 3 projects, each rated at 500 MW, are located off the coast of Ulsan. As part of the scope, Aker Solutions... Continue Reading →

February 15, 2024 0

Petrobras targets reliable subsea production with topside-less technology

(OET) Brazilian state-owned oil and gas giant Petrobras has appointed a North Carolina-headquartered company to deliver a seal-less canned motor boosting system for its field in the Campos Basin with the aim of enabling reliable subsea production. Curtiss-Wright Corporation has signed a technology cooperation agreement with Petrobras to design, manufacture, test, and provide operational support for... Continue Reading →

February 13, 2024 0

Wood announces contract extension with Equinor for services in the Peregrino field

(PN) Wood announced today that it has secured an extension of a US$80 million contract with Equinor Brasil. The agreement provides for the provision of maintenance and modification solutions for offshore assets in the Peregrino field, in the Campos Basin. The two-year extension builds on a long-term, global partnership with Equinor, where Wood supports the... Continue Reading →

February 1, 2024 0

World’s First Semi-Submersible Floating Offshore Wind Farm Smashes Predictions

(OW) WindFloat Atlantic, the world’s first semi-submersible floating offshore wind farm, has completed its third year in operation, closing in 2023 with an electricity production of 80 GWh. Connected to the grid by the end of 2019 and fully commissioned in 2020, the floating offshore wind farm was developed by the Windplus consortium formed by... Continue Reading →

February 1, 2024 0

Huisman to Design and Build Offshore Wind Monopile Gripper for Cadeler

(OE) Dutch manufacturer Huisman has signed a contract with Danish offshore wind installation services firm Cadeler for the design and production of monopile gripper for the offshore wind industry. This marks the seventh gripper ordered at Huisman, reinforcing the company's position in the market for installation tools for the offshore wind industry. The monopile gripper,... Continue Reading →

February 1, 2024 0

SLB and Equinor Set Autonomous Drilling Record Offshore Brazil

(OE) Oilfield services and technology company SLB and Equinor have drilled the most-autonomous well section to-date at Peregrino C platform offshore Brazil, marking a significant step forward to fully autonomous drilling operations. SLB digital technologies for surface automation, autonomous on-bottom drilling, and directional drilling were combined to enable 99% of a 2.6-kilometer section to be... Continue Reading →

January 31, 2024 0