PetroRio, a Brazilian independent oil company specialized in revitalizing mature oil fields, has excelled at using cutting edge recovery technology, and applying an efficient program of reservoir management to pinpoint mature fields with potential to increase recovery. Since 2014, PetroRio has been applying its strategy of only investing in mature field that are in production,... Continue Reading →
Halliburton Unveils Xtreme Single-Trip Multizone System
Oilfield services company Halliburton introduced the Xtreme Single-Trip Multizone (XSTMZ) system for completing wells in deepwater and ultra-deepwater conditions up to 15,000-psi, to be used by a major operator in the Gulf of Mexico in 2020. Based on Halliburton's existing 10,000-psi rated Enhanced Single-Trip Multizone (ESTMZ) system, the increased pressure rating of the XSTMZ system... Continue Reading →
ABB proves long-distance subsea power system for deep, remote ocean environments
ABB’s pioneering subsea power distribution and conversion technology system has proven commercially viable, according to the company, bringing potential for cleaner, safer and more sustainable offshore oil and gas production following the completion of a 3,000-hour shallow water test. Offshore energy companies will be able to access a reliable supply of up to 100 megawatts... Continue Reading →
Ocean Infinity Boosts Its AUV Fleet Power
Ocean Infinity, in partnership with Kraken Robotics, has reached what it calls a significant milestone in battery technology for autonomous underwater vehicles (AUVs). The new technology has now been tested following 18 months of research, development and trials, which was aimed at improving the safety, efficiency, and quality of AUV operations. Continue reading
Ulstein Debuts Zero-Emission Offshore Ship Design
Ulstein Group unveiled a hydrogen-powered ship design that it claims is market-ready, offering zero-emission marine operations. Recently, DNV GL identified the five most promising alternative fuels for shipping, with hydrogen as the ultimate zero-emission solution. The first complete hydrogen fueled prospect has been put together by Ulstein Design & Solutions BV and Nedstack fuel cell... Continue Reading →
Aker Solutions teams up with oil majors in subsea gas separation JIP
Norwegian oilfield services company Aker Solutions and a group of oil and gas operators have come together in a joint industry project with the aim of making subsea gas separation a reality. Using CO2 injection to increase recovery rates in offshore oil and gas fields can improve the economics of a field significantly, but so... Continue Reading →
ROV in Residence
Remote operated vehicles (ROV) have become standard workhorses for the offshore industry, providing vital support to underwater operations, from drilling to servicing the latest subsea processing technologies. But, they’re now undergoing a transformation. Continue reading
Wood announces new Technical Consulting Solutions business unit
6th November 2019 Wood today announced the creation of a new Technical Consulting Solutions (TCS) business unit, combining its diverse, multi-sector and technology-enabled specialist advisory and consulting capabilities into one global business. TCS immediately becomes a leader in the technical consulting space with an annual revenue of $2.8 billion and a connected global network of... Continue Reading →
A new Macae in the Santos region of Sao Paulo
Oct 25, 2019 Baixada Santista has the potential to become a new center of goods and services for the oil and gas sector, along the lines of Macaé (RJ), says São Paulo State Finance and Planning Secretary Henrique Meirelles. “There is no doubt that the Santos Basin's share of pre-salt production is growing. Along with... Continue Reading →
Total to bring together developers, data scientists at Digital Factory
Total announced plans to open a Digital Factory in Paris in early 2020 that will bring together up to 300 developers, data scientists and other experts to accelerate the group’s digital transformation. Total’s goal is to leverage the capabilities of digital tools to create value in all of its businesses. The Digital Factory will be tasked with developing... Continue Reading →
Brazil Energy Insight 