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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 →
(offshoreWIND.biz) Les Eoliennes Flottantes du Golfe du Lion (EFGL), a consortium comprising Ocean Winds and the Banque des Territoires which is developing the 30 MW floating wind pilot project in the French Mediterranean Sea, has selected Euroports’ Port-La Nouvelle as the site for its operation and maintenance (O&M) base. Euroports, the operator of a terminal... Continue Reading →
(offshore-energy.biz) Four mobile offshore drilling units (MODUs), made up of drillships owned by Noble Corporation and Stena Drilling, have buckled down and resumed hydrocarbon exploration at the Stabroek block off the coast of Guyana, enabling ExxonMobil Guyana, a subsidiary of America’s oil major ExxonMobil, to stay the course and continue searching for more oil and... Continue Reading →
(offshore-energy.biz) U.S.-headquartered energy technology giant Baker Hughes has launched an all-electric subsea production system, marking a step towards full electrification in offshore operations. According to Baker Hughes, the system delivers a fully electric topside-to-downhole solution, designed to integrate with existing subsea tree designs or retrofit electro-hydraulic trees. The move aims to slash costs, installation time,... Continue Reading →
(Reuters) -U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, as robust demand for natural gas equipment and services helped offset weak sales of its drilling gear in North America. Oilfield service companies are grappling with lower demand as extraction technologies get more efficient and higher supplies deter more... Continue Reading →
Salunda, the global leader in digitised solutions for safety critical industries, has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s proven digital technologies to deliver automated location and control of critical equipment and personnel. The collaboration – on assets belonging to a major offshore drilling contractor - marks the... Continue Reading →
(Reuters) - GE Vernova on Wednesday reported a rise in fourth-quarter profit, helped by strong performance in its grid equipment and services segment, but missed its revenue estimates. The U.S. government has awarded grants and loans worth billions of dollars to utilities to strengthen their grids, benefiting grid equipment firms such as GE Vernova, after... Continue Reading →
(OE) Industrial technology company Tracerco has secured a contract from Technip to deliver its measurement and control solutions profiler for the multi-phase subsea separation work on Petrobras’ Mero 3 High Pressure Separator (HISEP) pilot project in the Brazilian pre-salt oil region. Tracerco will supply its Tracerco Profiler instrument, which has been redesigned to deliver critical... Continue Reading →
(OE) High-tech offshore wind services provider Beam has bought Quantum EV remotely operated vehicle (ROV) from SMD, setting out plans to equip it with an artificial intelligence (AI)-driven system to improve its operational scope and offshore wind farm servicing. Beam’s SubSLAM system, running on Pathfinder software, will be added to the ROV, enabling AI-driven autonomous... Continue Reading →
(OE) A new report from the U.S. Department of Energy (DOE) outlines recommendations that could increase the recycling and reuse of decommissioned wind energy equipment and materials to create a more circular economy and sustainable supply chain. The research reveals that existing U.S. infrastructure could process 90% of the mass of decommissioned wind turbines. However,... Continue Reading →
Brazil Energy Insight 