Dutch offshore installation and construction company Heerema Marine Contractors has installed Pemex's Yaxche-C jacket and topside in Mexico, under a contract awarded by Cotemar. Heerema used its 'most experienced vessel' semi-submersible crane vessel Balder to carry out the operation in what was its first project for Cotemar. Balder has been in operation for 42 years now. Continue reading
Benthic’s Seabed Drilling System to Drill at Petrobras’ Mero Field
Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras. Petrobras has hired Benthic to carry out geotechnical site investigation services at the giant Mero field located in the Santos Basin, which the company is developing in... Continue Reading →
Floating Wind Farms: How to Make Them the Future of Green Electricity
Since 2010, wind energy has seen sustained growth worldwide, with the amount of energy generated by offshore wind increasing by nearly 30% each year. Countries around the world need to ramp up renewable energy supply quickly to meet growing demand and rapidly reduce emissions. Despite this urgency, offshore wind currently provides less than 1% of the... Continue Reading →
Petrobras signs charter agreement for Mero 3 – MISC Berhad
August 14 , 2020 Petróleo Brasileiro S.A. – Petrobras informs that today it signed a letter of intent with the company MISC Berhad for the chartering and services for FPSO (floating production storage and offloading unit) Marechal Duque de Caxias to be installed in the Mero field, belonging to the Libra Block, in Santos Basin... Continue Reading →
Bureau Veritas develops new solution for decommissioning offshore assets
Aug 11, 2020 The Bureau Veritas Group, a world leader in Tests, Inspections and Certification (ICT), has developed new resources for the Digital Twin technology and for the asset management process for application in the decommissioning of ships, floating units, fixed platforms and subsea structures. The solution meets the principles of ANP Resolution 817/2020, allowing... Continue Reading →
SBM Offshore Half Year 2020 Earnings
On target despite global disruption August 6, 2020 Highlights Effective response to COVID-19 and oil price crises Successfully maintaining focus on health and safety of staff and business continuity Adapting the organization to ensure flexibility, performance and competitiveness Financial results in line with expectation 2020 Directional1 EBITDA guidance increased from “around” to “above” US$900 million... Continue Reading →
Subsea Energy Solutions Eyes Business in Brazil
UK-based offshore energy equipment maker Subsea Energy Solutions is expanding into Brazil following signing a sales agreement with Marine and Offshore Partners. Subsea Energy Solutions said Wednesday that Rio-based M&O Partners would help it develop new relationships and business development with multinational operators such as Petrobras. Continue reading
BP to cut fossil fuels output by 40 per cent by 2030
Following record losses in the second quarter of 2020 and the first dividend cut in a decade, BP revealed parts of its new strategy that would reshape the company from an international oil company to an integrated energy company. BP said on Tuesday that it aims to increase its annual low carbon investment ten-fold to... Continue Reading →
U.S. offshore energy industry releases economic impact study of offshore wind auctions
The United States has an opportunity to accelerate offshore wind energy growth, and benefit from 28 new gigawatts of clean energy and $1.7 billion in U.S. Treasury revenue by 2022, a new study released today from research group Wood Mackenzie finds. Findings from this study confirm additional lease areas are needed to meet demand, reduce... Continue Reading →
Weak oil outlook propels investor interest in renewable-energy technologies
Even as the pandemic continues to drive down consumer spending and depress oil prices, investors are spending big on clean-tech companies. Shares are now near record highs, the latest sign that wind and solar are no longer fringe bets. Electric-carmaker Tesla Inc. has grabbed much of the attention with a 255% jump this year. But... Continue Reading →