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(OE) SBM Offshore has made initial equity investment in Ocean-Power, a Norwegian company developing an offshore power hub which generates electricity using gas turbines in association with carbon capture and storage (CCS). The investment follows the memorandum of understanding (MoU) the companies signed in June 2024. As a result of this investment, SBM Offshore holds... Continue Reading →
(offshore-energy.biz) With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, the Netherlands-headquartered SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be... Continue Reading →
(OffshoreWIND.biz) In offshoreWIND.biz‘s 2023 annual wind turbine overview from January 2024, you could have read about the first 16 MW model installed offshore and a 22 MW turbine about to enter development. Fast forward twelve months, a 21 MW prototype in Europe and 22 MW and 26 prototypes in China are expected to soon be installed... Continue Reading →
(offshore-energy.biz) The global offshore energy industry’s floating production solutions have come a long way from their humble beginnings and seem to be poised to continue their evolution driven by the need to tap deeper into challenging offshore environments buttressed by growing energy demand, rising security of supply concerns, and increasing climate change prompts to pivot... Continue Reading →
Wendy Laursen, Contributing Writer (OE) The 66kV high voltage wet mate connector currently undergoing technical qualification by Baker Hughes weighs in at around one ton and has over 40 liters of dielectric oil protecting copper cable up to 1,200 square millimeters in diameter. The connector is designed to sit on the seabed at the end of... Continue Reading →
Petrobras informs that today it signed a Protocol of Intent with Companhia Siderúrgica Nacional S.A. (CSN) and CSN Inova Soluções S.A., a group company dedicated to innovation projects. This agreement represents a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Paraná. Low-carbon hydrogen... Continue Reading →
U.S.-based oilfield services provider Expro has signed a technology agreement with Petrobras for the development of a new non-intrusive flowmeter for the optimization of production from oil and gas wells. The technology will provide flow rates and identify flow patterns, generating online and real-time data availability for control and monitoring of slug instabilities to increase... Continue Reading →
Petrobras has been accepted into the Early Adopters program of the NISAR (Nasa-ISRO Synthetic Aperture Radar) mission, a joint project between the American space agency and the Indian Space Research Organization to develop and launch, in 2025, an unprecedented SAR (Synthetic Aperture Radar) satellite image collection system for Earth observation. The images will be used... Continue Reading →
The FPSO (Floating Production, Storage, and Offloading Unit) Alexandre de Gusmão left China today, December 16, heading towards the Mero oil field in the pre-salt layer of the Santos Basin. The platform, leased by Petrobras in partnership with SBM, can produce 180,000 barrels of oil per day and compresses 12 million cubic meters of gas... Continue Reading →
(offshoreWIND.biz) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have awarded the front-end engineering and design (FEED) contracts for the 560 MW Green Volt floating offshore wind project in Scotland to two partnerships. Aker Solutions, in collaboration with ABB, and Aibel, working with Hitachi Energy, will handle the FEED Phase 1... Continue Reading →
Brazil Energy Insight 