Dutch offshore services company Fugro has won three long-term contracts by Petrobras to provide remotely operated vehicle (ROV) services for a variety of subsea activities in Brazil. "All three contracts are for 3-year firm periods with additional 1-year options," Fugro said Wednesday. Fugro said the contracts were secured in partnership with offshore vessel owners Solstad... Continue Reading →
Robotics: Autobots Transform in the Offshore Energy Sector
Robots and robotics have slowly been entering our lives, in various shapes and forms (and fictional characters), from self-driving household vacuum cleaners to highly automated manufacturing systems. Now they’re heading for the offshore world – in just as many shapes and forms. There could be a lot to gain from robotics, but platforms and offshore... Continue Reading →
Market Report: Global Heavy Lift Vessel Sector
The global heavy lift vessel market is a difficult place to be. Utilization for the fleet has remained depressingly low since the first oil and gas downturn in 2014, currently hovering around 33% for the global fleet with a lift capacity of over 800 tonnes, according to IHS Markit’s ConstructionVesselBase. Fixed platform installation work,... Continue Reading →
Heerema’s Heavy Lifter Installs Yaxche-C Platform in Mexico
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