Jul 17, 2020 Estaleiro Atlântico Sul (EAS), controlled by Camargo Corrêa and Queiroz Galvão, plans to diversify its activities, in an attempt to generate revenue and convince its creditors that it is capable of restructuring its R$1.3 billion debt. The company, located in the Suape port complex (PE), has been in bankruptcy since January. The... Continue Reading →
Maersk Drilling Upgrades Maersk Valiant Drillship
Danish offshore drilling company Maersk Drilling has recently upgraded its 2014-built Maersk Valiant ultra-deepwater drillship. While the Maersk Valiant was recently stacked offshore Port Fourchon the Managed Pressure Drilling (MPD) system was upgraded by integrating the new BTR rotating control device (RCD) by Weatherford. Continue reading
RIO OIL & GAS 2020 IS CONFIRMED FOR DECEMBER THIS YEAR AND WILL BE TOTALLY DIGITAL
Jul 17, 2020 The president of the Brazilian Petroleum Institute (IBP), Clarissa Lins, recently revealed, during an online broadcast, that this year's Rio Oil & Gas will be done entirely in digital format. The event will be held between December 1st and 3rd, on an exclusive online platform for the fair. According to the IBP,... Continue Reading →
Carbon Trust sees 70 GW of floating wind installed capacity by 2040
The Carbon Trust sees 70 GW of floating wind installed capacity by 2040, according to a new summary report on the findings from the second phase of the Floating Wind Joint Industry Project (JIP). The report outlines technology challenges that need to be addressed so the commercialisation of floating wind could be sped up, as... Continue Reading →
Petrobras concludes renewable diesel tests
July 14, 2020 Petróleo Brasileiro S.A. – Petrobras informs that, on July 11th, it successfully concluded tests on an industrial scale for the production of renewable diesel. The tests were conducted at the Presidente Getúlio Vargas Refinery (Repar), in Araucária, Paraná, where 2 million liters of soybean oil were processed, which resulted in the production... Continue Reading →
Petrobras reduces cost of post-salt well construction
July 14, 2020 Petróleo Brasileiro S.A. – Petrobras informs that in early July, it completed, in half the time, the construction of the 7 GLF 49H ESS offshore well, in the Golfinho field, in the Espírito Santo Basin, 100 km from Vitória. This was the first post-salt well built with the application of the True... Continue Reading →
Siemens spins off its gas turbine and wind power business
Siemens AG shareholders approved a spinoff of the company’s energy business, one of CEO Joe Kaeser’s last major moves to reshape the German industrial stalwart. More than 99% of shareholders approved the motion to create an independent Siemens Energy AG at an extraordinary shareholder meeting on Thursday. The company, with almost 29 billion euros ($33... Continue Reading →
Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells
Oilfield services giants Halliburton and TechnipFMC have jointly introduced Odassea, described as the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce the total cost of ownership while improving reservoir knowledge, the companies said in a joint statement on Thursday. Continue... Continue Reading →
LR: Up to 40 per cent of FPSO maintenance work ‘unnecessary’
As much as 40 per cent of maintenance work carried out by floating production storage and offloading (FPSO) vessel operators was described as “unnecessary” by a report from UK’s classification society Lloyd’s Register (LR). LR said on Wednesday that, by reducing these unwarranted manhours, operators could save on average almost £600,000 (around $750,000) per asset... Continue Reading →
TSG Marine Bringing Rapid Sanitization System Offshore
UK-based offshore engineering company TSG Marine is working to bring Zoono, a revolutionary molecular layer that kills microbes for up to 30 days on sprayed surfaces, to offshore oil and gas platforms, in an effort to reduce COVID-19 infection risk. According to TSG Marine and the developer Zoono, this molecule uses a physical process rather... Continue Reading →