(OE) The Offshore Wind Innovation Hub, led by Equinor, has selected six companies that will receive support to further develop their ideas and advance offshore wind’s potential in New York. Six companies were selected from a pool of 78 applicants based on the novelty of their solutions that will help propel the United States to... Continue Reading →
PRIO May production declined by 4.4% due to operational issues
(PN) PRIO released its operational data for May this week. The company recorded a production of 88.7 thousand barrels per day of oil equivalent, which represents a drop of 4.4% compared to the previous month's result (92.7 thousand barrels per day).(PN) According to the company, the Frade field had its production impacted due to the... Continue Reading →
Floating wind could transform offshore energy – but companies need to work together and embrace innovation
(Institution of Mechanical Engineers)According to the Global Wind Energy Council’s Global Wind Report 2024, installed offshore wind capacity surpassed 75GW at the end of 2023. But with ambitious targets set for 2050, the industry must look at ways to speed up planning and construction, and fine-tune operations and maintenance of existing assets. To reach the... Continue Reading →
Saipem Scoops $3.7B for Work on TotalEnergies’ Kaminho Field
(OE) Saipem has been awarded three new contracts by TotalEnergies for the Kaminho project, relating to the development of Cameia and Golfinho oil fields offshore Angola, worth $3.7 billion. The first of the contracts, awarded by TotalEnergies' subsidiary TotalEnergies EP Angola Block 20, refers to the Engineering, Procurement, Construction, Transportation and Commissioning of the Kaminho... Continue Reading →
SOVs – Analyzing Current, Future Demand Drivers – Long read
Contributor: Philip Lewis is Director Research at Intelatus Global Partners (OE) At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs. SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time,... Continue Reading →
PXGEO Acquires Modus Subsea Services
(OE) Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering. Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention drones (UID) based on the Saab Sabertooth platform. The company has also developed and commercialized... Continue Reading →
ONYX Insight strengthens global footprint with latest multi-year contracts in Europe and Latin America
ONYX Insight has bolstered its global operations across Latin America, Spain and Portugal with several new deals, including two multi-year contracts, to deliver its predictive maintenance technology to wind farms in Spain and Brazil. The company currently monitors more than 1,500 turbines in Brazil, Peru, Chile, Mexico, and Costa Rica, using a combination of its... Continue Reading →
Constellation and Sapura carry out pioneering thruster exchange operation at sea on Laguna Star drillship
(TN) In February, Constellation and Sapura concluded an unprecedented operation to change the thruster at sea on the Laguna Star drillship, under contract with Petrobras, around 200km off the coast of Rio de Janeiro. The operation, in a water depth of more than 2,000 meters, was carried out without the need for the drilling unit... Continue Reading →
Leaky Platforms: Pemex Knocked for Delayed Repairs, “Vast” Methane Leaks
(Reuters) Pemex reportedly put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure. New data from the United Nations Environment Program's (UNEP) International Methane Emissions Observatory showed that the problematic Pemex platform in the... Continue Reading →
Trident Hires Archer for Well Intervention and Drilling Services in Brazil
(OE) Oilfield services firm Archer has secured a $20 million contract from Trident Energy to provide its well interventions and platform drilling services in Brazil. Archer will provide comprehensive platform drilling services, including well interventions for regulatory requirements, workover and drilling operations, well maintenance and drilling facilities engineering, to enhance Trident Energy's offshore assets in... Continue Reading →