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(Offshore-energy.biz) Paratus Energy Services, a Bermuda-headquartered holding company of a group of energy service players, has shared its intention to list the firm’s shares on the Euronext Growth stock exchange market in Oslo, Norway, followed by a planned uplisting to the Oslo Stock Exchange. Paratus explained that the offering it plans to launch will entail... Continue Reading →
(OE) Dutch thermoplastic composite pipe (TCP) technology company Strohm has secured $21.4 million ($20 million) investment from SENCO Hydrogen Capital, aimed at boosting its growth trajectory focused on hydrogen and carbon capture utilization and storage (CCUS) applications. The partnership between the two companies also seeks to reduce carbon footprint in the pipeline infrastructure for conventional... Continue Reading →
(OE) The next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Sonardyne, Shell, Petrobras and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the offshore oil and gas industry. The project, which began in 2018, involves a collaboration between... Continue Reading →
(PN) Oil major bp inaugurated a new moment in its operations in the Brazilian offshore. This week, the company began drilling the pioneer well (1-BP-12D-RJS) in the Pau Brasil block, located in the pre-salt of the Santos Basin. The well is in a water depth of 2,283 meters and is being drilled by the DS-15... Continue Reading →
(OE) Back-deck engineering specialist Maritime Developments (MDL) has appointed Derek Lynch as Market Development Manager – Renewables as part of its diversification strategy aimed to strengthen the commitment to renewable energy market. With over 30 years’ experience across various energy markets and sectors, Lynch brings with him extensive track record in developing and delivering diversification... Continue Reading →
(OE) Global consultancy ABL Group has completed the transaction to acquire 100% of the shares of specialist energy consultancy Ross Offshore, which now will merge with ABL Group company AGR. The combination of AGR and Ross Offshore will further strengthen the group’s center of technical excellence in wells, reservoirs and marine and survey management. Integration... Continue Reading →
(OE) France-based tubular solutions supplier Vallourec has secured a five-year contract with energy giant Equinor for the supply of tubes and connections, accessories, and services for oil and gas fields in Brazil. Vallourec low-carbon OCTG solutions will contribute to the development of the Bacalhau and Raia fields operated in the pre-salt, as well as the... Continue Reading →
(OE) Danish wind turbine maker Vestas has secured an order to supply 44 offshore wind turbines, each rated at 14 MW, for RWE’s Nordseecluster A offshore wind project in Germany. The Nordseecluster is being implemented in two phases – Nordseecluster A and B. For the first phase of the project, Vestas will be supplying 44... Continue Reading →
(PN) Foresea has 100% of its fleet contracted and had operational uptime (operation quality index) of 98.2% in 2023, the highest in the Brazilian market. According to the CEO of Foresea, Rogério Ibrahim, the drilling sector should remain at a very competitive level in 2024, with increased demands and a stabilization of the tariff recovery experienced... Continue Reading →
(OE) SLB and Aker Carbon Capture (ACC) have launched a joint venture, set up to enable wider adoption of market-ready and new carbon capture and storage (CCS) technologies for power and hard-to-abate industrial sectors worldwide The new company combines technology portfolios, expertise and operations platforms to support accelerated CCS adoption for industrial decarbonization at scale.... Continue Reading →
Brazil Energy Insight 