(PN) The FPSO Guanabara is almost ready to start oil production in Campo de Mero, located in the Libra Block, in the pre-salt layer of the Santos Basin. The platform will be part of the first definitive system to operate in Mero, the third largest pre-salt field (after Buzios and Tupi). The unit will be... Continue Reading →
Nauticus Olympic Arm completes IKM Subsea’s all-electric ROV system
Norway-based IKM Subsea has selected Nauticus Robotics’ fully electric work-class manipulator Olympic Arm for its subsea resident remotely operated vehicle (ROV) system. The Olympic Arm is said to increase subsea reliability and capability while extending residency dive time. It also boasts the strength, weight and size characteristics of traditional work-class hydraulic arms without chronic maintenance needs. Adam... Continue Reading →
Exxon unveils sweeping restructuring in latest cost cutting move
(Reuters) - Exxon Mobil Corp (XOM.N) on Monday disclosed a sweeping restructuring of its global operations that will combine its refining and chemicals businesses into one, and put its energy transition business on the same footing as its other operations. The broad restructuring marks its latest cost-cutting effort after activist investors seeking to boost returns and address... Continue Reading →
Report: Siemens Energy Weighs Options for Siemens Gamesa Integration
(Reuters) Siemens Energy has stepped up efforts to explore a full integration of wind turbine business Siemens Gamesa, sources told Reuters, after profit warnings and share price slumps last week exposed flaws in the current ownership structure. The company is currently working with advisers to look at options for how to best acquire the remaining... Continue Reading →
Seismic license for Marlim, Voador and Albacora Renewed until 2023
(PetroleoHoje) Ibama renewed Petrobras' seismic survey license in the Marlim, Voador and Albacora fields, in the Campos Basin. The validity of the authorization has been extended until January 5, 2023. This is 3D/4D Multiazimuth marine acquisition. The company responsible for the acquisition is Shearwater Geoservices. Activity, resumed on July 3, 2021, will cover 1,412 km².... Continue Reading →
Agents of change: Oilfield service companies drive the Fourth Industrial Revolution in oil and gas – WO Long Read
(WO) Oilfield service providers have long played a critical role in the technical advancement of the upstream oil and gas industry. As the frontline provider of equipment and expertise, operators from the largest national oil companies to the smallest of independents count on these firms to drive technical innovation, improving performance in the field under... Continue Reading →
Fugro to back subsea ops at Mero 2
Fugro has secured a subsea survey and positioning contract with Maersk Supply Service to support the installation of an anchoring system for the floating production storage and offloading (FPSO) vessel Sepetiba at Petrobras’ deepwater Mero 2 project in Brazil. For the project, Fugro will use its QuickVision augmented reality camera to help guide the installation... Continue Reading →
Petrobras seeks supplier to develop patented HISEP® technology
(PN) Equipment capable of separating CO2-rich gas from oil at the bottom of the sea. Petrobras, operator of the Libra consortium, started selecting suppliers to execute the project, build, install and carry out HISEP® tests, a technology patented by the company that aims to separate and reinject, even at the bottom of the sea, the... Continue Reading →
ExxonMobil joins pledge for net-zero in oil & gas operations by 2050
(OM) Finally catching up with its rivals, U.S. oil and gas giant ExxonMobil has revealed its ambition to achieve net-zero greenhouse gas emissions for operated assets by 2050, backed by a comprehensive approach to develop detailed emission-reduction roadmaps for major facilities and assets. The net-zero ambition is contained in the company’s Advancing Climate Solutions – 2022... Continue Reading →
Industry’s first as DNV certifies Subsea 7 polymer lined riser product
Subsea 7 has received DNV Technology Certification for its Swagelining polymer lined riser product, said to be a world first. According to Subsea 7, the qualification programme was designed to address the challenges presented by the dynamic service environment and vertical orientation of the riser product. Using a combination of standard and bespoke test methods,... Continue Reading →