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BRAVA ENERGIA (“BRAVA”) (B3: BRAV3) (“Company”) informs its investors and the market in general that the Company signed, in November, the main contracts for the first integrated development campaign in Atlanta and Papa-Terra, with an option to develop Malombe through a tieback (subsea connection) to Peroa. The campaign will begin in 4Q25, with the first... Continue Reading →
(OE) NOV has introduced the Quick Connector, developed by its subsidiary GustoMSC, to enhances the safety and efficiency of offshore lifting operations across the offshore energy industry. As countries seek to increase their renewable energy capacity and reduce carbon emissions, offshore wind will play a major role in the world’s expanding energy mix. However, these... Continue Reading →
(OE) SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana. The steel strike ceremony took place on November 12 at Guyana Shore Base Incorporated (GYSBI), kicking off the production... Continue Reading →
(offshore-energy.biz) OneSubsea, a company majority-owned by SLB, has installed three pump stations at a field offshore Brazil operated by BRAVA Energia, an oil and gas player formed following the merger of Brazil’s 3R Petroleum and Enauta. The field’s floating, production, storage, and offloading (FPSO) unit is expected to start production soon. According to the SLB-led... Continue Reading →
Wendy Laursen, Contributing Writer (oedigital.com) Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges. The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble is: it could take up to 80% of the electricity generated by the turbine to do it.... Continue Reading →
(oilnow.gy) TechnipFMC reported third-quarter 2024 revenues of US$2,348.4 million, with a net income of US$274.6 million, or US$0.63 per diluted share. Adjusted net income, which accounts for after-tax charges, was US$280.5 million, or US$0.64 per share. Key factors impacting adjusted net income included a US$60.6 million non-cash tax benefit and an $8.4 million after-tax foreign... Continue Reading →
(OE) Energy technology company Baker Hughes has signed ‘significant’ contracts with Petrobras to provide flexible pipe systems that will be deployed across several oil and gas fields offshore Brazil. Baker Hughes will provide 77 km of flexible pipe systems, including includes risers and flowlines for hydrocarbon production and associated gas and water injection with support... Continue Reading →
(OM) Kongsberg Maritime will supply equipment for 10 new platform supply vessels (PSVs) under construction by Fujian Mawei Shipbuilding in China for Capital Offshore. Piraeus-based Capital Offshore, which owns and operates more than 100 vessels, has ordered the 95-m-long, MMC 897 CD-design PSVs for operations offshore Brazil. Each will feature an integrated electrical system, propulsion and... Continue Reading →
Wendy Laursen, Contributing Writer (OE) The more production infrastructure we push to the seabed, the more data we need to pull back up. With it comes opportunity. Chevron’s landmark 6,500 tons of subsea gas compression infrastructure for Jansz-Io demonstrates the scale of what is being put on the seabed, but there’s a diversity of other infrastructure under... Continue Reading →
DNV, the independent energy expert and assurance provider, has supported Atlas Renewable Energy in securing $289 million in financing for its first standalone Battery Energy Storage System (BESS) project in Chile. The financing package, backed by senior loans and credit lines from BNP Paribas and Crédit Agricole CIB, will fund the development of Battery Energy... Continue Reading →
Brazil Energy Insight 