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With an increasing focus on improving efficiencies throughout the global energy sector, the installation of subsea structures on the seabed can pose complex and costly challenges if handled incorrectly. It is essential that installation work is completed thoroughly and quickly, due not only to the harsh conditions which equipment can face, but also to the... Continue Reading →
Emerson (NYSE: EMR) announced it has signed a multi-year agreement with YPF S.A., a major Argentinian energy company, for Emerson’s exploration and production (E&P) software for seismic data interpretation and visualization. This comprehensive software portfolio gives YPF a holistic subsurface view of its reservoirs and exploration areas, leading to a collaborative and integrated seismic interpretation... Continue Reading →
Apr 16, 2020 The storm that has come in the oil and gas sector will not change Petrobras' direction. Despite the strong devaluation of the price of a barrel of oil, the president of the state-owned company, Roberto Castello Branco, guaranteed that the company will not change its position to focus its efforts on exploration... Continue Reading →
April 15, 2020, eDrilling, a supplier of AI, machine learning, and predictive analytics solutions to the oil and gas industry, has been awarded a contract by French oil major Total for its well construction planning technologies. eDrilling said on Wednesday that the solutions would be a part of the Total Drilling Engineering Software Kit (also... Continue Reading →
Apr 15, 2020 The oil companies operating in Brazil disbursed, in 2019, approximately R $ 1.9 billion in research, development and innovation projects. Despite the amount being lower in comparison with the previous year (decrease of 4.5%), companies kicked off a large volume of projects that promise to bring many advances to the exploration and... Continue Reading →
Brazilian offshore drilling services provider Ocyan has launched Ocyan Waves program, where start-ups can register and provide their solutions for Ocyan's internal challenges. Startups should seek innovative solutions to the challenges selected by Ocyan in the space of Intelligent Alarm Management System; Digital Twin of BOP (Subsea Blowout Preventer); Real-time BOP fluid analysis; Self-service in... Continue Reading →
In the downturn of 2020, global exploration & production operators will only be able to cut supply chain costs by up to 12%, a Rystad Energy analysis shows. The current crisis will not be able to unlock many additional efficiency and productivity improvements because much of the potential has been exhausted since the 2014 oil-price... Continue Reading →
April 2, 2020 Petrobras notified the presence of oil in Uirapuru during the drilling of 1-BRSA-1373B-SPS, repetition of the first well drilled in the block, in the Santos Basin pre-salt, contracted in the 4th pre-salt sharing round. Petrobras will also test the HISEP technology, which separates dense phases at high pressure, with the fluid produced... Continue Reading →
All electric systems are starting to free companies from the traditional strict form factors that ROVs traditionally take. With a more flexible modular harness, vehicles can be built from standardised building blocks. Saab Seaeye, a firm well versed in all-electric vehicles, has been making noises in this direction, using the smarts it’s been developing for... Continue Reading →
MAR 30, 2020 The unique characteristics of the pre-salt motivated Equinor and the Institute of Petroleum and Natural Resources (IPR) to carry out a new study to deepen the knowledge about the reservoir rocks of the layer. The research will last four years and the main objective will be to understand the origin and... Continue Reading →
Brazil Energy Insight 