Boosting production from ageing wells and oil & gas discoveries to propel growth in well intervention market

(OffshoreEnergy) Fortune Business Insights, a market research company, expects the increased number of initiatives to boost production from ageing wells and oil and gas discoveries to drive growth in the global well intervention market. The firm reported on Thursday that the global well intervention market is set to gain traction from the increasing demand for energy and... Continue Reading →

December 28, 2021 0

Floating Offshore Wind: Attention Turns Subsea for Power Transport

From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore. (OE) Over the past year, expectations around the growth in the floating offshore wind development have grown, significantly. Many... Continue Reading →

December 28, 2021 0

Tech Start-Ups Drive Brazil’s Oil & Gas Industry

(OE) As an industry central to global energy supply, many consumers may believe that the oil and gas sector is relatively resistant to fluctuation. However, amid the myriad pressures felt throughout the global economy over the past year and a half, new challenges are arising for oil and gas operators, some of which require a... Continue Reading →

December 28, 2021 0

TGS, Cognizant to roll out data ecosystem for renewable energy players

Norwegian seismic player TGS and American IT services company Cognizant have expanded their partnership to build a digital platform for delivering comprehensive data to energy companies. As described, the SaaS-based New Energy Solutions (NES) ecosystem will focus on bringing comprehensive data and insights to energy companies across five segments: carbon storage, geothermal, deep-sea minerals, wind... Continue Reading →

December 28, 2021 0

CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says

Fortune Business Insights, a market research company, expects the carbon capture and storage (CCS) market to grow to $7 billion by 2028 aided by rising investments in developing new alternatives for curbing the carbon footprint and achieving the energy transition goals and net-zero targets. The company expects the market to exhibit a CAGR of 19.5 per... Continue Reading →

December 27, 2021 0

Nauticus’ sea robots go public with SPAC merger

Nauticus Robotics, a Houston-based developer of cloud-based surface and subsea robots, and CleanTech Acquisition Corp. (CLAQ), a publicly-traded special purpose acquisition company (SPAC), have entered into a definitive business combination agreement that will result in Nauticus becoming a publicly listed company. The transaction, expected to close in the first half of 2022, has been approved... Continue Reading →

December 24, 2021 0

Argeo marks entry into Brazil’s oil & gas sector with AUV deal

Norwegian marine survey contractor Argeo has signed an agreement with an undisclosed client to provide autonomous underwater vehicle (AUV) services in the Brazilian oil and gas sector. The project is scheduled to commence early in the first quarter of 2022 and includes the possibility of being extended. According to Argeo, the agreement represents a potential start... Continue Reading →

December 21, 2021 0

Brazil’s Petrobras to start testing renewable diesel with customers in January

(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) will start testing new renewable diesel based on co-processed edible oils with customers in January, while awaiting regulatory approval to sell it commercially, the company's refining director told Reuters. The tests are expected to take about six months and will be backed by a fuel distributor and a bus... Continue Reading →

December 20, 2021 0

Yinson, Enauta Pen LoI for Atlanta Field FPSO

Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil. Enauta has been producing oil from the field using the FPSO Petrojarl I as an Early Production System, and has... Continue Reading →

December 20, 2021 0

World’s first offshore hydrogen storage concept unveiled

Tractebel and partner companies have developed what they describe as the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns. The design study, unveiled by Tractebel Overdick GmbH, is said to outline an innovative solution for large-scale hydrogen storage on the high seas: a scalable offshore platform for... Continue Reading →

December 17, 2021 0

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Category: Technology

Boosting production from ageing wells and oil & gas discoveries to propel growth in well intervention market

Floating Offshore Wind: Attention Turns Subsea for Power Transport

Tech Start-Ups Drive Brazil’s Oil & Gas Industry

TGS, Cognizant to roll out data ecosystem for renewable energy players

CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says

Nauticus’ sea robots go public with SPAC merger

Argeo marks entry into Brazil’s oil & gas sector with AUV deal

Brazil’s Petrobras to start testing renewable diesel with customers in January

Yinson, Enauta Pen LoI for Atlanta Field FPSO

World’s first offshore hydrogen storage concept unveiled

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