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Wave energy converter developer Bombora and energy services giant TechnipFMC have teamed up to work on a floating offshore wind project, which pairs ocean wave energy with offshore wind. Bombora said Wednesday that under the cooperation in the project - called InSPIRE - the two companies will develop a floating offshore wind foundation incorporating Bombora’s... Continue Reading →
Oil major BP has begun drilling on the Platina field in Block 18 offshore Angola using Valaris’ DS-12 drillship. Angola’s National Oil, Gas, and Biofuels Agency (ANPG) said last week that BP started drilling at the Platina field, a project that has been waiting to start with execution for several years. The initial date for the start... Continue Reading →
The floating wind industry, still in its infancy, is set for a 2000-fold increase in installed capacity by 2050, DNV GL said, however, warning that more comprehensive industry standards and risk management is required for the technology to scale. According to the report by risk management and quality assurance company, the cost of floating wind... Continue Reading →
Seadrill Partners LLC said on Tuesday it had filed for Chapter 11 bankruptcy protection as a means to restructure its debt, in another sign of financial difficulties for the wider Seadrill Ltd oil drilling rig group. "The company intends to use the bankruptcy process to ensure that all customer, vendor and employee obligations are met without interruption... Continue Reading →
Norwegian marine seismic data acquisition company PGS has informed that its Ramform Titan vessel is about to continue the acquisition of the Campos Deepwater GeoStreamer X (Phase 2), a prefunded MultiClient 3D seismic survey with multi-azimuth coverage. In December 2020, PGS will resume operations, to acquire an additional 8 400 sq km. This survey provides... Continue Reading →
Offshore drilling contractor Borr Drilling is facing a very challenging financial situation in 4Q and going into 2021 amid difficult market environment combined with payment delays for its rigs working for the Mexican oil giant Pemex. Borr Drilling has five rigs operating for Pemex offshore Mexico. According to its report on Monday, during the third... Continue Reading →
A project has been launched in the UK to explore the viability of developing an offshore charging facility for vessels as part of the industry’s efforts to decarbonize its vessel operations. Funded by the first phase of the UK Government’s Sustainable Innovation Fund, the project - led by Turbulent Simulations, alongside Aluminium Marine Consultants, the... Continue Reading →
The companies EnP, Oil Group and Porto Central, today signed (26) a memorandum of intent to develop the project of a Refinery in Espírito Santo. The event was held in Vitória, with the presence of Governor Renato Casa Grande. RefinES is being studied to be implemented in the Porto Central area, a port industrial complex... Continue Reading →
Seismic contractor Shearwater GeoServices has been awarded a large Ocean Bottom Node 4D Baseline survey in Brazil with the Brazilian national oil company Petrobras. The deepwater OBN survey will be carried out at the Jubarte Field in the Campos Basin. The 810 sq. km survey will start in the first half of 2021 and be... Continue Reading →
Petrobras announced two relevant bids this week, involving subsea equipment and pipeline connection services on platforms. The first bid includes the acquisition of five umbilical termination units (UTA) for the Búzios 5 platform, FPSO Almirante Barroso. The second bid for a service contract for the operation of pull-in and pull-out systems for subsea pipelines on... Continue Reading →
Brazil Energy Insight 