Argentina’s Shale Boom Goes Global

(oilprice) Argentina’s shale province has been touted for years as the next Permian that would make the South American country a net exporter of energy after decades of import dependence.   The Vaca Muerta shale basin is estimated to be the world’s second-largest shale gas deposit and the fourth-biggest resource of shale oil. However, Argentina’s... Continue Reading →

FPSO Almirante Tamandaré arrives in Brazil

The Almirante Tamandaré platform ship has arrived in Brazil. The unit will be installed in the Búzios Field, in the pre-salt layer of the Santos Basin, off the coast of Rio de Janeiro. An FPSO (floating production, storage and offloading unit) platform, Almirante Tamandaré is the first high-capacity unit to be installed in the field,... Continue Reading →

Company launches solution to one of the biggest problems with offshore wind farms

(Interesting Engineering) U.K.-based Beam recently launched AI-driven underwater vehicles capable of carrying out autonomous inspections of wind farms, as Interesting Engineering details. Offshore wind is a cutting-edge green energy source that is rapidly growing globally. The labor-intensive, costly, and lengthy inspections are ripe for innovation. That's where Beam, a deep tech company, is stepping in. Beam CEO Brian... Continue Reading →

TGS sees record-high OBN contract activity following merger with PGS

(offshore-energy.biz) Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity level within OBN acquisition was historically high, generating revenues... Continue Reading →

Kongsberg Maritime wins power order for Brazil PSVs

(OM) Kongsberg Maritime will supply equipment for 10 new platform supply vessels (PSVs) under construction by Fujian Mawei Shipbuilding in China for Capital Offshore. Piraeus-based Capital Offshore, which owns and operates more than 100 vessels, has ordered the 95-m-long, MMC 897 CD-design PSVs for operations offshore Brazil. Each will feature an integrated electrical system, propulsion and... Continue Reading →

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