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(PN) British oil company BP has notified the National Petroleum Agency (ANP) about the discovery of oil signs in the pioneer well of the Pau Brasil block, in the pre-salt layer of the Santos Basin. As we reported, the well (which received the technical name 1-BP-12D-RJS) is located in a water depth of 2,283 meters... Continue Reading →
(OE) Norwegian seismic company TGS announced it has entered into a partnership with Brazilian state-owned energy company Petrobras to collaborate on scientific research and technological development activities in Brazil. Under the memorandum of understanding (MOU), the partners will seek to drive innovation in the energy sector through collaborative efforts to develop new technologies and conduct... Continue Reading →
(OE) TGS has entered the software solutions market with Imaging AnyWare – a proprietary TGS enterprise processing system designed to enhance subsurface imaging and integration projects. Imaging AnyWare is used globally across various geological basins, easily handling extensive datasets, says TGS. Its modern architecture is complemented by well-utilized geophysical algorithms, ensuring users experience seamless cloud... Continue Reading →
Teresa Wilkie, Contributor Research Director of RigLogix at Westwood Global Energy.. (OE) Over the past few years the Namibian Orange Basin has emerged as an exciting new oil province and subsequently a provider of significant new demand and future demand potential for deepwater drilling rigs. According to Westwood’s Wildcat, “the Upper and Lower Cretaceous plays opened in... Continue Reading →
(offshore-energy.biz) The internal turret buoy single-point mooring system developed by China Offshore Oil Engineering Company (COOEC), controlled by China National Offshore Oil Corporation (CNOOC), has received two approvals in principle (AIP), one from the China Classification Society (CCC) and another from Bureau Veritas. As the system is said to be the first of its kind... Continue Reading →
This is an op-ed piece by Liz Burdock, Founder and CEO of Oceantic Network, the US offshore renewable energy industry organisation. (offshoreWIND.biz) When I started Oceantic Network 11 years ago, I was motivated by the confident belief that offshore wind would be an economic and environmental game-changer for the U.S. Not only because of the industry’s... Continue Reading →
(PN) The recent contracts awarded by Petrobras to the SLB Onesubsea group for the supply of subsea equipment for the Sépia and Atupu fields in the Santos Basin, and Roncador in the Campos Basin, signal the importance that Brazil will have for the subsea industry in the coming years. According to a recent analysis published... Continue Reading →
(TN) Petrobras signed a contract to acquire subsea equipment for the Roncador field in the Campos Basin. The contract will generate approximately 500 direct and indirect jobs. The agreement with the SLB OneSubsea group provides for the supply of 2 Subsea Production Manifolds (MSP), 1 Electro-Hydraulic Distribution Unit (UDEH) and spare equipment. The provision of... Continue Reading →
(OE) DeepOcean won a contract extension with Diavaz for the vessel, Arbol Grande. The vessel will work on Inspection Maintenance and Repair (IMR) services in Mexico for the next five years. Arbol Grande is a construction and subsea vessel, delivered in 2003 with specifications tailor made for the Mexican market. The vessel has been used as an accommodation and... Continue Reading →
(OE) Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of common stock of MODEC, Inc. and along with the 10,162,300 shares already acquired in June 2023, MOL now holds a 15% stake in MODEC and will make it an equity-method affiliate. MODEC is a leading company in the offshore oil... Continue Reading →
Brazil Energy Insight 