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Dec 18, 2019 Petrobras plans to invest U$ 49.5 billion in production development projects between 2020 and 2024 The Buzios field, in the Santos Basin pre-salt, will receive the largest volume of investments foreseen in the Petrobras 2020-2024 Strategic Plan. The projection is that the asset will absorb U$ 18 billion over the next five... Continue Reading →
Industrial automation giant ABB has signed a new frame agreement to deliver safety and automation systems across Equinor’s installed base and greenfield projects worldwide, helping minimize cost, schedule and risk. The frame agreement continues more than three decades of collaboration, with ABB supporting Equinor to consider innovative opportunities in an era of greener, cleaner energy... Continue Reading →
Oilfield services company Schlumberger and software firm Dataiku have teamed up to enable the exploration and production (E&P) industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows within the DELFI cognitive E&P environment. Under an exclusive technology agreement, the partners will deliver new capabilities to... Continue Reading →
Smaller remotely operated vehicles (ROVs) and smaller autonomous underwater vehicles (AUVs) are growing in number and in turn driving smaller technologies that support them. The result is a few new kids on the block and what you could call a rising march of miniaturization. They span from vehicle manufacturers to acoustic and optical sensor system... Continue Reading →
Dec 10, 2019 Petrobras is developing nanotechnology solutions to increase production in its oil fields. Using nanotechnology for use in Advanced Oil Recovery may make it possible to extract more oil and gas than conventional techniques already used. The company has invested R$ 21.3 million in this technology in recent years, using financial resources from... Continue Reading →
AFGlobal announced on Monday that its Active Control Device (ACD) has been approved by Petrobras for use on its wells in Brazil. This approval follows rigorous testing review at the AFGlobal’s Advanced Technology Center in Houston, the company said. “This is a pivotal milestone for AFGlobal, and we are very proud to have our technology... Continue Reading →
2G Robotics has officially released the Micro Inspection Skid, a new laser survey skid for Inspection Class ROVs developed in partnership with iXblue and Nortek. The Micro Inspection Skid is available for vehicles including the Saab Seaeye Falcon and the Seatronics VALOR. The plug-and-play design comes fully calibrated and only requires mounting and connection to... Continue Reading →
The temporary abandonment or suspension of a well is a vital early stage of decommissioning whereby the well is isolated using methods such as bridge plugs, cement squeezes and packers. This allows the wellhead and/ or blow out preventer (BOP) to be safely removed. For subsea mudline wells, temporary abandonment (TA) caps are fitted to... Continue Reading →
The years-old trend that has seen offshore suppliers vie for work in wind by leveraging their offshore oil and gas credentials and development finance is being countered these days by wind players in search of oil and gas jobs, judging by some recent fleet owner moves. Dutch offshore fleet owner, Jan De Nul, was busy... Continue Reading →
Dec 2, 2019 The P-50 platform, which operates in the Albacora Leste field in the Campos Basin, will gain a digital twin. It is a virtual platform mockup, from which you can remotely apply ideas and actions with the potential to reduce costs and increase efficiency and safety in operations. Instead of working on the... Continue Reading →
Brazil Energy Insight 