Brazil showcases oil & gas, technology, opportunities for foreign investors during OTC

(WO) ApexBrasil, a Brazilian Trade and Investment Promotion Agency, is partnering with Brazil's Energy Research Office (EPE), The Brazilian Petroleum and Gas Institute (IBP), The Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP), Petrobras, and the Federation of the Industries of Rio De Janeiro State (FIRJAN) to highlight the country's burgeoning leadership in the sector at the... Continue Reading →

May 3, 2022 0

Transocean Ltd. Reports First Quarter 2022 Results

(GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $175 million, $0.26 per diluted share, for the three months ended March 31, 2022. First quarter 2022 results included net favorable non-cash item of $8 million, or $0.02 per diluted share, related to discrete tax items. After consideration... Continue Reading →

May 3, 2022 0

Petrobras starts production from FPSO Guanabara in the Mero field

Petróleo Brasileiro S.A. – Petrobras informs that, on April 30, 2022, it started producing oil and natural gas through FPSO Guanabara, the first definitive production system installed in the Mero field, in the Santos Basin pre-salt. The platform, an FPSO (floating unit for the production, storage, and transfer of oil and gas) type, is capable... Continue Reading →

May 2, 2022 0

In Offshore Energy, the Winds of Robotic Change are Blowing

Whether we realize it or not, robotics and robotics systems are starting to impact our daily lives. From warehouse picking systems through to high-end medical devices through to your mowbot lawnmower. Each tends to be specialized to its own task and a similar trend is now starting to play out in the offshore wind space,... Continue Reading →

April 29, 2022 0

High Oil Prices Take Pressure Off Repsol’s Search for Renewables Partner

(Reuters) Spanish energy group Repsol is taking a "softer" approach to its search for a partner for its newly created renewables unit as oil and gas prices are helping the company generate cash, its chief executive said on Thursday. Along with major European energy companies like BP and TotalEnergies, Repsol has been investing in low-carbon... Continue Reading →

April 28, 2022 0

The last barrel: Offshore activity to rebound

Craig Fleming (WO) With the havoc created by the war in Ukraine and the hard push to convert to renewables, operators are once again focusing on the high ROI that offshore prospects offer. There is an onslaught of good news and positive indicators that suggest operators are poised to significantly increase offshore development in 2022. ... Continue Reading →

April 28, 2022 0

Japan: Construction of 16.8MW Goto Floating Wind Farm to Start in September

Construction of the 16.8 megawatt Goto floating wind farm in Japan is expected to start in September 2022, with the commercial operations scheduler to begin in January 2024. A a sole bidder, the Japanese Goto Floating Wind Farm consortium, in June 2021, won a bid to build the floating wind farm in an area offshore Goto City, Nagasaki... Continue Reading →

April 27, 2022 0

Austrian Consultancy VCE to Support Gazelle’s Floating Wind Pilot in Canary Islands

Irish floating wind platform developer Gazelle Wind Power (Gazelle) has signed a memorandum of understanding with the Austrian consulting firm Vienna Consulting Engineers ZT GmbH (VCE) to support its 2MW floating wind pilot project in the Canary Islands. VCE will provide design services—including load capacity determination, inspection planning, performance assessment, and more—as well as monitoring... Continue Reading →

April 27, 2022 0

Wison Offshore & Marine’s Floating WInd Foundation Gets DNV Approval

DNV has presented Wison Offshore & Marine (WOM) with a Verification Letter for its "w.semi" floating wind foundation. The Verification Letter demonstrates the technical feasibility and commercial readiness of the technology. Wison Offshore & Marine's "w.semi" is a new concept that the company has been developing as a floating wind foundation/platform. , It is said to be... Continue Reading →

April 26, 2022 0

India keen to boost oil imports from Brazil- India oil minister

(Reuters) - India, the world's third biggest oil importer and consumer, is looking at boosting oil purchases from Brazil, oil minister Hardeep Singh Puri said on Thursday after a meeting with Brazilian Energy Minister Bento Albuquerque. Currently India imports only a fraction of its oil imports from Brazil. "We have expressed to the honourable minister... Continue Reading →

April 21, 2022 0

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