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Norway-based consultancy DNV has said that fossil fuels will still constitute 50 per cent of the global energy mix by 2050, compared to 80 per cent held for decades, warning that the energy transition is not fast enough for the world to achieve the net-zero target by 2050. DNV also warned in its latest energy... Continue Reading →
(Offshore) Cyber defense provider Naval Dome and a major international operating company have completed a joint two-year project to identify and mitigate cyber risks common to deepwater drilling rigs. The project’s findings indicate that the minimum industry guidelines, regulations, and security techniques are out of step with current platform technology, connectivity requirements, and cyber-attack methodology. It culminated in... Continue Reading →
(World Oil) Operators are strategically navigating the changing dynamics of the energy market with continued investment in the floating offshore sector. The offshore energy market is in flux. Economic effects from the Covid-19 pandemic, changing global attitudes toward energy, and the growing importance of ESG matters have disrupted the ways that companies do business. Although... Continue Reading →
Wilson Sons, the largest operator of port and maritime logistics in the Brazilian market, has been developing a series of actions to reduce the environmental impact of its operations over the past decade, contributing to the global effort for climate balance. The most recent is the incorporation of the IMO TIER III standard, which reduces... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that today it began producing oil and natural gas from FPSO Carioca, the first platform in Sépia field, in the Santos Basin pre-salt. The platform, a FPSO type (floating production storage and offloading unit of oil and gas), is located approximately 200 km off the coast of the state... Continue Reading →
(Reuters) - The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against a global energy transition to lower-carbon fuels. At the conference highlighting renewable and cleaner-burning fuels and investors moving bets away from fossil fuels, Brazil, Ghana, Guyana,... Continue Reading →
Strohm, a business that specializes in composite pipe technology, announced on Thursday that it had opened a new office in Rio de Janeiro and that it was establishing a center of excellence for developing its Thermoplastic Composite Pipe (TCP) technology as part of its South American expansion strategy. "Strohm is extending its footprint in Brazil... Continue Reading →
Oilfield services giant Schlumberger has this week introduced a service called Autonomous Directional Drilling, which, the company says, includes solutions to steer autonomously through any section of the wellbore. According to Schlumberger its intelligent and dynamic downhole automated control system instantly interprets and acts on data, enhancing well construction performance," the company said. Autonomous Directional... Continue Reading →
There are tentative signs of the start of a renewal in the work class ROV fleet. But what form will it take? (OE) The work class ROV (WCROV) market has taken something of a battering over the past few years. The 2014 downturn and then a pandemic has meant the ROV services market and the... Continue Reading →
The Buzios field, in the Santos Basin pre-salt, has gained an extra highlight this week of OTC Houston 2021. Petrobras won the Distinguished Achievement Award for Companies, the main award in the offshore industry, for the technological innovations implemented in the exploration and production of the field. Currently with four units in production, Buzios should... Continue Reading →
Brazil Energy Insight 