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After years of expensive carbon capture and storage (CCS) studies and test centers, Europe has now reached a phase where large-scale CCS developments make sense financially, Norwegian energy market intelligence group Rystad Energy has said. In a report on Monday, Rystad said that CCS in Europe could trigger up to $35 billion in development spending... Continue Reading →
September 4, 2020 Petróleo Brasileiro S.A. – Petrobras informs the conclusion of the Drill Stem Test (DST) in the area of Júpiter Discovery Assessment Plan, located in the Santos Basin presalt. The Jupiter area belongs to the BM-S-24 concession, in which Petrobras is the operator, with an 80% interest, and was acquired in 2001 in... Continue Reading →
Sept 3, 2020 Petrobras is already working on the development of Buzios 9 FPSO and for the other phases of the Santos cluster mega field. The oil company hired Doris Engenharia to develop the basic project for a generic FPSO, with a capacity to produce 225 thousand bopd and compress 12.5 million m³ / d... Continue Reading →
China's Shanghai Waigaoqiao Shipbuilding (SWS) shipyard has delivered another Guyana-bound FPSO hull for the Dutch FPSO specialist SBM Offshore. Following the delivery of the Liza Unity hull in late 2019, SWS on Monday delivered the Liza Prosperity hull, the second hull built under SBM Offshore's Fast4Ward standardized-FPSO-hull program. The construction of the FPSO Prosperity hull started... Continue Reading →
Aug 31, 2020 The National Energy Policy Council (CNPE) has confirmed the resumption of the auction schedule for oil and gas blocks in Brazil from 2021. One of these tenders will be the 17th Concession Round, the first in the country to offer six blocks beyond 200 nautical miles from the coast, in the Santos... Continue Reading →
Oil and gas giant Shell has tapped digital innovation specialist Bluware Corp for the supply of deep learning technology, which should speed up work with seismic data interpretation. Bluware Corp said it Monday it had deployed the Pickasso proprietary deep learning technology, a custom version of Bluware InteractivAI in Royal Dutch Shell PLC. "Bluware's technology... Continue Reading →
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years. This has left the industry facing the dual challenge of ensuring successful and... Continue Reading →
Norway's industrial tech solutions provider Kongsberg Digital has signed an enterprise framework agreement with Shell, for the supply of its digital twin software, across the oil and gas giant's upstream, integrated gas, downstream, and manufacturing business lines. "Shell has now signed an enterprise agreement with Kongsberg Digital for digital twin software to be deployed across... Continue Reading →
Norwegian oil company Equinor has successfully sent a drone carrying a 3D-printed cargo from shore to an offshore production platform in the North Sea in what the company says is a world's first. In a flight spanning around 80 kilometers from the Mongstad base onshore to the Troll field in the North Sea offshore Norway,... Continue Reading →
Norwegian offshore oil and gas drilling contractor Odfjell Drilling is stepping out of the comfort zone and into the offshore renewables space. The company, which provides drilling rigs for oil and gas companies, on Thursday announced its investment in Oceanwind AS, a company working on developing harsh environment floating offshore wind turbines. Continue reading
Brazil Energy Insight 