Finland-headquartered technology group Wärtsilä has inked what is described as “a pioneering agreement” for decarbonisation projects in the oil and gas segment in the Americas with Brazil’s shipping company Grupo CBO. This is the Finnish player’s first contract in the decarbonisation area for the oil and gas sector in Latin America, and the second one in the Americas. CBO... Continue Reading →
Seadrill secures new contracts with Petrobras
One of Seadrill’s drillships has arrived in Brazil to complete testing operations ahead of its three-year contract with Petrobras. Seadrill secured two contracts with Petrobras for the West Carina and West Tellus rigs back in November 2021. Both agreements, for work on the Búzios field, were signed on a three-year fixed-term basis with a planned start date... Continue Reading →
Petrobras on P-83 construction contract
Petróleo Brasileiro S.A. – Petrobras informs that today it signed a contract with Keppel Shipyard Limited for the construction of the P-83 platform, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area. The P-83 will be able to produce up to 225 thousand barrels of oil... Continue Reading →
NOV Launches Solution that Promises to Cut Offshore Wind Blade Installation Cost
(OE) GustoMSC and NOV Lifting & Handling said Tuesday they had developed a solution to improve offshore wind turbine blade installation efficiency. "Blades are highly susceptible to wind loads, so they currently take the most time to install," the companies said. The solution has been named Sjøhest - Norwegian for “seahorse." "Like the seahorse’s unique... Continue Reading →
Final investment decision on Equinor’s next Brazilian floater to come ‘soon’
(U) Equinor is set to sanction development of the giant Pao de Acucar gas condensate field on Block BM-C-33 in Brazil’s Campos basin, according to an executive with the Norwegian major. "It will be soon," Ana Serrano Onate, Equinor's senior vice president for petroleum technology, told Upstream when quizzed about the timing of a long-awaited... Continue Reading →
Taiya Renewable Energy, BW Ideol in Floating Wind Pact
Taiya Renewable Energy on Tuesday announced a joint development of a floating offshore wind pipeline including a 50 MW floating wind pilot-project and commercial-scale projects offshore Taiwan with floating wind specialist BW Ideol. "This cooperation is the first project of a Taiwanese developer to announce its entry into floating pilot wind projects. It is also... Continue Reading →
Aquaterra, Seawind working on 1 GW offshore floating wind-to-hydrogen project
Aquaterra Energy and Seawind Ocean Technology have signed an agreement for the development of what the companies say will be the world’s largest floating offshore wind and green hydrogen production project in Italy. The project, named HyMed, is currently in its first phase of permitting, with the grid connection and the environmental impact assessments well... Continue Reading →
Lhyfe Launches World First Offshore Hydrogen Pilot
France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator. The pilot was launched yesterday (Septmeber 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot, as part its drive towards large-scale carbon reduction. It involves Lhyfe's new Sealhyfe 400 kg/day (1MW equivalent) green hydrogen producing electrolyser... Continue Reading →
Radix wins $9.5 million contract with Petrobras for well, subsea engineering solutions
(WO) Radix Engineering and Software closed a R$49 million (approx. $9.5 million) contract with Petrobras to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. Radix will develop software for two lots of subsea and one lot of wells, marking its return to large contracts with Petrobras. The partnership will last for... Continue Reading →
First commercial-scale UMACK anchor hits seabed off Portugal ahead of wave device installation
CorPower Ocean, Maersk Supply Service, and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 wave energy demonstration project. The novel anchor has been installed 4 kilometers off the coast of Aguçadoura, in northern Portugal, where it will be used to anchor the CorPower C4 wave energy converter, as part of the company’s... Continue Reading →