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(OM) BW Energy says a 3D seismic survey has finished over its license offshore Namibia, with gravity and magnetic datasets also acquired. It plans to use the results to refine its depositional model, de-risk additional upside targets, and provide improved data to support FEED programs for the Kudu gas field development 130 km offshore southwest... Continue Reading →
(OE) The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday. “The global solar industry, including PV developers, continue to battle limited land availability and... Continue Reading →
Exclusive article from TN Magazine The oil industry's activity resembles a moving bicycle. Without new impulses, the activity remains for a while, but tends to gradually decline and eventually cease. In the oil sector, these impulses can be given in two ways: with the exploration of new areas; or with investments in existing fields to... Continue Reading →
Petrobrás launched a public notice for contracting up to nine offshore supply vessels (PSV – Platform Supply Vessel). The opening date of the envelopes with the proposals of the competitors must happen on the 15th of June. The complete documentation relating to the bidding is available on the Petronect Portal, under number 7004071393. According to... Continue Reading →
(OE) Denmark-based power cable-making and installation firm NKT said it would invest around one billion euros in its high-voltage power cable business, including a new high-end cable laying vessel, and a new offshore cable production plant in Sweden. NKT said the investment was needed so the company can deliver on its recently secured significant order... Continue Reading →
Brazilian oil and gas player Enauta has found oil in a new reservoir section at a well located on a field development offshore Brazil. Enauta disclosed on Tuesday, 23 May 2023, that it had confirmed oil in a new reservoir section, named Atlanta NE accumulation, located within the Atlanta field area, which is currently under development. The... Continue Reading →
Norwegian companies TGS and Kongsberg on Wednesday announced a strategic collaboration to jointly develop integrated data and digital solutions for the offshore wind industry. TGS, known for its seismic services in the oil and gas sector, and Kongsberg, for its maritime equipment and technology, said the aim of the partnership is "more efficient use of data... Continue Reading →
(OET) Offshore drilling contractor Seadrill has managed to enhance its operational and financial performance in the first quarter of 2023. With the offshore drilling upcycle in full swing, the Bermuda-headquartered rig owner believes it is well-positioned to take advantage of the improvements in the market, aided by its recent acquisition of Aquadrill. As the tightening... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. Well 3-BRSA-1387D-SPS is located 260 km from the city of Santos-SP, at a water depth of 1,979 meters. The well is in progress and the oil-bearing interval was... Continue Reading →
Utah-headquartered Sarcos Technology and Robotics Corporation and Pennsylvania-based VideoRay have signed an agreement to offer integrated underwater robotic systems. Under the agreement, the parties plan on combining VideoRay remotely operated vehicles (ROVs) with the Sarcos Guardian Sea Class robotic system including its dexterous arms. Sarcos and VideoRay will each be able to sell an integrated underwater robotic system, as well... Continue Reading →
Brazil Energy Insight 