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Aug 31, 2020 The National Energy Policy Council (CNPE) has confirmed the resumption of the auction schedule for oil and gas blocks in Brazil from 2021. One of these tenders will be the 17th Concession Round, the first in the country to offer six blocks beyond 200 nautical miles from the coast, in the Santos... Continue Reading →
Oil and gas giant Shell has tapped digital innovation specialist Bluware Corp for the supply of deep learning technology, which should speed up work with seismic data interpretation. Bluware Corp said it Monday it had deployed the Pickasso proprietary deep learning technology, a custom version of Bluware InteractivAI in Royal Dutch Shell PLC. "Bluware's technology... Continue Reading →
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years. This has left the industry facing the dual challenge of ensuring successful and... Continue Reading →
Aug 28, 2020 Shell has extended, to the beginning of 2021, the deadline for submitting offers for chartering the FPSO of Gato do Mato, in the Santos Basin pre-salt. The last deadline reported by PetróleoHoje was September 1st. Santos Basin pre-salt project will be developed with FPSO with capacity to produce 90 thousand bopd. Source:... Continue Reading →
Norway's industrial tech solutions provider Kongsberg Digital has signed an enterprise framework agreement with Shell, for the supply of its digital twin software, across the oil and gas giant's upstream, integrated gas, downstream, and manufacturing business lines. "Shell has now signed an enterprise agreement with Kongsberg Digital for digital twin software to be deployed across... Continue Reading →
Norwegian oil services investment firm Akastor will take full ownership of DOF Deepwater, a joint venture with company DOF, as part of the debt restructuring agreement with the JV's lenders. DOF Deepwater operates five mid-sized AHTS vessels As part of an agreement with DOF Deepwater lenders on a restructuring of its debt that secures continued... Continue Reading →
Norwegian offshore oil and gas drilling contractor Odfjell Drilling is stepping out of the comfort zone and into the offshore renewables space. The company, which provides drilling rigs for oil and gas companies, on Thursday announced its investment in Oceanwind AS, a company working on developing harsh environment floating offshore wind turbines. Continue reading
Shareholders of Sembcorp Marine and Sembcorp Industries (parent company of Sembcorp Marine) have approved the proposed Sembcorp Marine Renounceable Underwritten S$2.1 billion Rights Issue and Demerger from Sembcorp Industries at the companies’ respective Extraordinary General Meetings on Tuesday. Continue reading
Aug 26, 2020 Karoon is analyzing proposals for the supply of subsea goods and services for the Baúna / Patola project, in the shallow waters of the Santos Basin. The scope of the contract involves wet Christmas trees (ANMs), umbilicals, lines and the installation of equipment in the area of Patola, which will be interconnected... Continue Reading →
Aug 26, 2020 Lupatech (LUPA3) signed a contract with Petrobras (PETR4), in the amount of R $ 82.6 million, according to a relevant fact published today. According to Lupatech, the contract is for the supply of polyester cables for anchoring. Finally, Lupatech points out that it is a supply contract with no obligation to purchase... Continue Reading →
Brazil Energy Insight 