Yinson sheds one of five spin-offs to home in on FPSO and energy transition business arenas

(offshore-energy.biz) Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, which currently invests in five business units – Yinson Production, Yinson Renewables, Yinson GreenTech, Farosson, and Regulus Offshore – has set the wheels in motion to part with the last affiliate on this list, which offers integrated offshore support vessel (OSV) services. Given Yinson’s strategic... Continue Reading →

Petrobras to use Paradigm’s technology for deluge system testing

(offshore-mag.com) Petrobras has signed an agreement to implement Dry-Flo technology in Brazil for the dry testing of deluge systems in its Búzios field FPSO units.  This technology, developed by the Paradigm Group, has already seen global adoption across various players in the onshore and offshore markets. The contract was facilitated with support from Mi Fire, Paradigm’s local partner in... Continue Reading →

Helix bags $786 million for multi-year well intervention ops with two vessels offshore Brazil

(offshore-energy.biz) U.S.-headquartered offshore energy services provider Helix Energy Solutions has picked up multimillion-dollar long-term assignments off the coast of Brazil for two vessels, which will carry out well intervention work for the country’s energy giant, Petrobras. Following a competitive tender process, Helix entered into three-year vessel charter and service contracts with Petrobras for the Siem Helix 1 and Siem Helix 2 riser-based... Continue Reading →

Petrobras/Federal Government Join as Sponsors of South America Offshore Wind 2024

South America Offshore Wind 2024 announce the support and participation of Petrobras/Federal Government as 'Lead Developer Sponsors' at South America Offshore Wind 2024! Petrobras' commitment is the energy that makes them go further. Petrobras is a publicly traded corporation operating in an integrated and specialized manner in the oil, natural gas, and energy industry. They... Continue Reading →

TGS and Petrobras Enter Tech and Research Partnership

(OE) Norwegian seismic company TGS announced it has entered into a partnership with Brazilian state-owned energy company Petrobras to collaborate on scientific research and technological development activities in Brazil. Under the memorandum of understanding (MOU), the partners will seek to drive innovation in the energy sector through collaborative efforts to develop new technologies and conduct... Continue Reading →

China CNPC’s global oil, gas investment

(Reuters) - China National Petroleum Corp (CNPC), Asia's largest oil and gas producer, has over the past three decades built a global portfolio with assets in 33 countries. The company's overseas production exceeded 100 million metric tons, or 2 million barrels per day of oil equivalent, for the first time in 2019 and has since... Continue Reading →

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