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(offshoreWIND.biz) Norwegian company Entrion Wind has been issued a US patent for its Fully Restrained Platform (FRP) monopile, which combines fixed and floating platform technologies. The technology can extend the water depths for monopile foundations to up to 100 metres, according to the company. Entrion Wind plans to commercially roll out the FRP monopile in... Continue Reading →
(PN) According to the company's Director of Engineering, Technology and Innovation, Renata Baruzzi, the bidding processes for the contracting of two FPSOs for the Sergipe Aguas Profundas project (SEAP 1 and 2) will be launched by the end of this year. Petrobras is currently discussing with the other companies in the SEAP consortium the best... Continue Reading →
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term, which would have expired in November 2025. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and... Continue Reading →
(offshore-enegy.biz) Singapore’s Seatrium has hosted a naming ceremony for a floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC destined to work off the coast of Brazil. On October 21, 2024, Seatrium’s Tuas Boulevard Yard witnessed the naming ceremony of FPSO Bacalhau, described as the largest vessel of its kind to be delivered to Brazil.... Continue Reading →
(Reuters) - Oilfield services provider Halliburton missed analysts' estimates for third-quarter profit on Thursday, weighed down by a slowdown in drilling activity in North America and the impact of a previously disclosed hack. The company's shares slipped 1.5% to $30.05 in premarket trading. Halliburton in August disclosed a cyberattack where an unauthorized third party accessed and removed data... Continue Reading →
(Reuters) - Demand for green power in the United States will grow regardless of who is the country's next president, major players in the wind energy sector Vestas and Orsted said on Tuesday. Offshore wind developers have seen profits shrink in recent years due to rising raw material costs, high interest rates, inadequate grid connections, supply chain bottlenecks,... Continue Reading →
(ofshore-energy.biz) Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is underway at the AREA OFF-3 block to secure... Continue Reading →
Shearwater Geoservices Holding AS (“Shearwater”) has been awarded a large 3D seismic survey by PETRONAS in Suriname. The project, covering 6,000 square kilometres, marks the continuation of Shearwater’s commitment to PETRONAS in this frontier area having previously performed acquisition work in Block 52. The Amazon Warrior has been allocated to the three-month project, commencing in... Continue Reading →
(offshore-energy.biz) Norway’s subsea services provider Argeo has entered into an eight-year agreement with Staatsolie, Suriname’s oil and gas regulator and state oil company, for the acquisition, processing and sales of multi-client data in Suriname. The execution of the agreement will be performed in several phases over the contract period and encompass integrated turnkey data solutions... Continue Reading →
(offshorewind.biz) Dominion Energy revealed that 78 monopile foundations and four offshore substations were installed at the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project in the US during the first installation season. Dominion Energy said that it achieved its initial goal of installing at least 70 monopiles into the seafloor 27 miles off the coast... Continue Reading →
Brazil Energy Insight 