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Oil major Shell and tech giant Microsoft are embarking on a new strategic alliance to support progress towards a world with net-zero emissions. Joining other oil majors like BP and Equinor, Shell revealed its plans to become a net-zero emissions energy business by 2050 or sooner back in April 2020. Shell and Microsoft said on Tuesday that... Continue Reading →
Efforts to increase remote capability often go hand in hand with increasing ROV residency. But exactly what form residency takes is diverging. Elaine Maslin takes a look. Dial back the clock five years and there was a movement towards an idea dubbed subsea resident remotely operated vehicles (ROVs). The idea, in simple terms, is that... Continue Reading →
September 18, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has launched two programs aimed at preparing its refining and natural gas activities for an open, competitive market and to transition into a low carbon economy. Biorefino 2030 forecasts projects for the generation of new, more modern and sustainable fuel, different than the current... Continue Reading →
Sept 14, 2020 System developed by the company's Innovation Laboratory simulates conversations and handles demands for fleet repairs With a fleet of 80 tugboats, the largest in the country, Wilson Sons has developed an intelligent tool to speed up the diagnosis and services of corrective maintenance. Designed by Tuglab, the company's innovation laboratory, and by... Continue Reading →
Sept 14, 2020 Sweden's Alfa Laval has secured two orders to supply Framo pumping systems for two FPSOs to operate offshore Brazil. Alfa Laval did not say who the clients were but said the orders had a total value of around SEK 155 million (around USD 17,7 million). The deliveries are scheduled for 2021. The... Continue Reading →
Sept 11, 2020 Policymakers still tend to talk about the global energy transition in the future tense, as something that might or will happen in the next few decades, but the transition is already well underway and shows signs of accelerating. Global energy consumption has already been shifting from a mid-20th century system dominated by... Continue Reading →
Seanamic Group company Flexlife, has secured a contract from a ‘leading’ South American operator for the scanning of flexible risers. The contract, in partnership with Houston based ROV major Oceaneering, covers the scanning of all deepwater, uninsulated flexible pipelines. It is part of a larger integrity management program to determine if flooding occurs in the flexible risers’... Continue Reading →
Sept 10, 2020 Offshore energy services provider Saipem and gas grid operator Snam have signed an agreement to work together on energy transition technology. Under the memorandum of understanding signed, the two Italian companies will jointly work on green hydrogen and carbon capture initiatives, "with the aim of fighting climate change and contributing to the... Continue Reading →
Sept 9, 2020 Schlumberger, IBM and Red Hat have announced that they will collaborate to accelerate the digital transformation in the oil and gas industry. Through the partnership, the companies will provide global access to the cloud exploration and production (E&P) environment and cognitive applications from Schlumberger, which uses IBM hybrid cloud technology, developed on... Continue Reading →
Sept 8, 2020 Baker Hughes is pivoting to customers preparing for the transition to a low-carbon future, bolstering its footprint beyond oil and gas oilfield services, its chief executive said on Tuesday. The company will continue to downsize its oilfield services and equipment portfolio, CEO Lorenzo Simonelli said at the Barclays CEO Energy-Power conference, putting... Continue Reading →
Brazil Energy Insight 