Brought to you by Quest Offshore & Southern Cone Consultants
(OE) High-tech offshore wind services provider Beam has bought Quantum EV remotely operated vehicle (ROV) from SMD, setting out plans to equip it with an artificial intelligence (AI)-driven system to improve its operational scope and offshore wind farm servicing. Beam’s SubSLAM system, running on Pathfinder software, will be added to the ROV, enabling AI-driven autonomous... Continue Reading →
(oilnow.gy) Guyana’s fourth Stabroek Block development, Yellowtail, is approximately 95% complete, according to an update from Hess’s Chief Executive Officer, John Hess. “A sail out of Yellowtail – which is a 250,000 barrel a day FPSO [floating, production, storage and offloading vessel] will be at the end of March. Should get in Guyanese waters in... Continue Reading →
( offshore-energy.biz) Ireland-based XOCEAN has secured €115 million in funding to support the growth in the offshore energy and civil hydrography sectors. The Irish ocean data company closed the financing round with support from S2G Ventures, Climate Investment (CI), Morgan Stanley’s 1GT fund, and CC Industries (CCI), a Crown Family affiliate. XOCEAN operates a fleet... Continue Reading →
(offshoreWIND.biz) During his presidential campaign in 2024, Donald Trump said he would sign an executive order to stop offshore wind farms from being built in the US “on day one”. On 7 January, the US president-elect reiterated the plan which now seems to apply to wind energy on land too, saying he would look into... Continue Reading →
(offshore-energy.biz) Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has highlighted that its third floating production, storage, and offloading (FPSO) unit in Brazilian waters, which recently achieved first oil, will feature a carbon management process plant to decarbonize the FPSO operations in line with the firm’s sustainability goals. The... Continue Reading →
(offshoreWIND.biz) Macquarie Asset Management, through Macquarie European Infrastructure Fund 7, has completed the acquisition of Ziton, a provider of operations and maintenance (O&M) services to the offshore wind industry. “This is a significant milestone for ZITON, as Macquarie’s investment validates the strong company we have built. With our solid market position, excellent customer relationships, and... Continue Reading →
Offshore accommodation rig provider Prosafe has signed a contract extension with Petrobras for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support offshore Brazil. The original 650-day firm period was due to complete in February 2025, but has been extended by 954 days, bringing in $109.7 million to Prosafe. The extension... Continue Reading →
(offshore-energy.biz) Allseas has completed its offshore pipelay commitments for a 700-kilometer-long natural gas pipeline in Mexico ahead of schedule, for its client TC Energy. The Southeast Gateway 36-inch natural gas pipeline runs south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas delivered the pipeline in 11 months, which... Continue Reading →
(PN) New exploratory activity by Petrobras with different objectives. In recent days, the company began drilling two wells in different fields in the Campos and Santos Basins, in the Marlim Sul and Aram areas, respectively. The information is available on the website of the National Petroleum Agency (ANP). In Marlim Sul, drilling is taking place... Continue Reading →
(OE) SBM Offshore has made initial equity investment in Ocean-Power, a Norwegian company developing an offshore power hub which generates electricity using gas turbines in association with carbon capture and storage (CCS). The investment follows the memorandum of understanding (MoU) the companies signed in June 2024. As a result of this investment, SBM Offshore holds... Continue Reading →
Brazil Energy Insight 