Floating offshore wind pioneer adds two evolutionary center column platforms to its industry-leading semisubmersible product portfolio. 17 September, 2024 – Principle Power has unveiled two new semisubmersible floating wind foundation designs: the WindFloat TC (tubular, center column) and WindFloat FC (flat-panel, center column). The new designs are natural evolutions of the existing WindFloat® technologies that... Continue Reading →
Vallourec Boosts Pipe Coating Offering with Latest Acquisition
(OE) French tubular solutions supplier Vallourec has entered into a definitive agreement to acquire Matt’s subsidiary Thermotite do Brasil, a specialized provider of thermal insulation pipe coating services for the offshore oil and gas industry. The acquisition price is $17.5 million, on a cash-free, debt-free basis, subject to customary price adjustments, including working capital. Thermotite’s... Continue Reading →
Rovco and Vaarst Unite Under New Brand Beam
High-technology offshore wind companies Rovco and Vaarst have entered into merger, creating a new brand Beam to boost their offshore wind services. In uniting their capabilities across research, development, and deployment, Beam will provide innovative automation technologies to service offshore wind, and deliver efficiencies and reduced costs for survey and subsea work across all lifecycle... Continue Reading →
Petrobras and Gerdau sign agreement for low-carbon business studies
– Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding (MoU) with Gerdau S.A., aimed at evaluating commercial opportunities and potential partnerships in decarbonization projects; low carbon fuels; hydrogen and its products; carbon capture, utilization and storage (CCUS); as well as R&D projects related to the integrity of materials in... Continue Reading →
Saipem Looks Into Nuclear Tech for Emissions-Free Oil and Gas Ops
(OE) Saipem and newcleo have signed a collaboration agreement to identify solutions for the offshore application of newcleo’s technology to produce nuclear energy, which could provide zero-emission electricity for oil and gas installations. The objective of the agreement signed by the companeis is to study the application of newcleo’s Small Modular Lead-cooled Fast Reactor (SM-LFR)... Continue Reading →
Seatrium Hires KBR on Topsides Job for FPSOs Bound for Petrobras Brazil Fields
(OE) U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units, being designed for Petrobras’ Atapu and Sepia fields in the Santos Basin, offshore Brazil. Under the terms of the contracts, KBR will provide Seatrium with detailed engineering services and technical... Continue Reading →
Aize and SBM Offshore Forge Long-Term Fleet Digitalization Partnership
(OE) Aize and SBM Offshore have entered a strategic five-year partnership aimed at integrating Aize software into vessels across SBM Offshore’s global fleet. The collaboration will encompass both the Engineering, Procurement, and Construction (EPC) and Operations and Maintenance (O&M) phases, enhancing efficiency and operational excellence. The implementation plan will be guided by the digital readiness... Continue Reading →
Petrobras to use Paradigm’s technology for deluge system testing
(offshore-mag.com) Petrobras has signed an agreement to implement Dry-Flo technology in Brazil for the dry testing of deluge systems in its Búzios field FPSO units. This technology, developed by the Paradigm Group, has already seen global adoption across various players in the onshore and offshore markets. The contract was facilitated with support from Mi Fire, Paradigm’s local partner in... Continue Reading →
Petrobras will invest BRL 500 million in five supercomputers
Petrobras, the Latin American champion in the past four years according to the Top500.org ranking, which evaluates the world's foremost High-Performance Computers (HPCs), will boost its technological park by acquiring five new supercomputers with a total investment of BRL 500 million. One of the machines, capable of processing the equivalent of roughly 10 million mobile... Continue Reading →
TotalEnergies Floating Offshore Wind Pilot Project will Provide Power to Gas Platform
(OE) TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to the Culzean offshore platform in the UK North Sea. Culzean is a high-pressure, high-temperature gas condensate field located in Block 22/25a in the East Central Graben area. The 3MW floating wind turbine will be located 2km west... Continue Reading →