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(OE) Norwegian seismic firm TGS has announced a new campaign for offshore wind and metocean measurement located in Morro Bay, off the U.S. West Coast. This initiative further expands the company's pioneering multi-client wind and metocean measurement initiatives in key global offshore wind regions. The campaign seeks to greatly enhance the industry's understanding of offshore... Continue Reading →
Jesper Skjong, Contributor (OE) There are solid underlying fundamentals that are driving the increased vessel demand, chief among them is the increased offshore upstream investment on a global level. Overall, spending on exploration and production is set to increase roughly 45% from 2021 to 2025, reaching a total of almost $200 billion in the latter year.... Continue Reading →
Wendy Laursen, Contributing Writer There is a flurry of development underway to cut seafloor seismic and geotechnical survey technologies free from on-site control. (OE) The deeper you go, the quieter the ocean becomes. It’s something that Kyrre Tjøm is exploiting in his back-to-basics approach to ocean bottom nodes (OBNs). Like his competitors, the CEO and Founder of iDROP, is... Continue Reading →
(Zack's) ExxonMobil Corporation XOM has started appraisal activities at the Lau-Lau 2 well site, in the Starbroek block, offshore Guyana. Previously, in 2022, ExxonMobil had discovered 96 meters of high-quality sandstone reservoirs containing hydrocarbons at the Lau-Lau 1 exploration well site. The announcement was made by Guyana’s Maritime Administration Department (“MARAD”). MARAD also mentioned that the... Continue Reading →
(OE) Norwegian offshore vessel operator DOF Group has secured two long-term contracts with Petrobras for its Pipelay Support Vessel (PLSV) and the Anchor Handling Support vessel (AHTS). The Brazilian built and flagged PLSV Skandi Niterói is awarded a three-year firm plus option contract, starting in 2025. The vessel is owned by DOFCON Navegação, a joint... Continue Reading →
(offshoreWIND.biz) California-based floating wind technology developer, Aikido Technologies, has secured USD 4 million (approximately EUR 3.7 million) in seed funding to advance its platform technology and establish pilot projects. The financing was led by Azolla Ventures with participation from Propeller Ventures, Sabanci Climate Ventures, Cisco Foundation, Anthropocene Ventures, and others. Aikido said that it will... Continue Reading →
Wilson Sons, a leader in port and maritime logistics in Brazil, has resumed, this month, the docking of offshore supply vessels at its shipyards in Guarujá, in the Port of Santos (São Paulo), the largest port facility in Latin America. The PSV (Platform Supply Vessel) Zarapito, owned by Wilson Sons Ultratug Offshore (WSUT, a joint... Continue Reading →
(Offshore-energy.biz) Texas-based subsea oil and gas equipment and services player Trendsetter Engineering has tucked a new assignment under its belt on two offshore oil fields in Brazil, following its entry into the South American country’s market with the establishment of local facilities in Macaé. Trident Energy do Brasil, part of Trident Energy Group, has picked... Continue Reading →
Principle Power has signed a non-exclusive Memorandum of Understanding (MoU) with HSG Sungdong to cooperate on engineering developments for mass production and assembly of WindFloat® technologies. The agreement furthers the development of a sustainable domestic supply chain in South Korea and supports the country's ambition to achieve 14.3 GW of offshore wind capacity by 2030.... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that the FPSO Maria Quitéria is currently en route to Brazil. The platform ship departed from China in May and is expected to arrive at its location in the third quarter of this year. The unit is scheduled to begin operations in the last quarter of 2024, thus advancing... Continue Reading →
Brazil Energy Insight 