OTC 2024: Petrobras CEO stresses importance of partnerships during energy transition

(OM In a jam-packed, standing-room-only session at the Offshore Technology Conference (OTC), Petrobras President and CEO Jean Paul Prates emphasized that synergy is the lifeblood of the industry and that collaboration with suppliers and investors will leverage the sector and pave the way for an energy transition without leaving behind workers, service providers, contractors or... Continue Reading →

Noble CEO: Floaters to keep on reaping the benefits of offshore drilling market’s ‘multi-year uptrend’

(Offshore-energy.biz)Texas-headquartered offshore drilling contractor Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment, as the U.S.-based player anticipates a further rise in day rates and the number of long-term deals. This will enable the drilling giant to bolster its fleet utilization level. With new multimillion-dollar assignments in... Continue Reading →

Science Based Targets initiative approves Fugro’s net-zero targets

(Offshore-energy.biz) The Science Based Targets initiative (SBTi) has approved Fugro’s near- and long-term science-based emissions reduction targets. Fugro’s net-zero target spans all three emission scopes, with the ultimate goal of achieving net-zero greenhouse gas (GHG) emissions across the value chain by 2050. “This validation by the Science Based Targets initiative underscores Fugro’s strong dedication to... Continue Reading →

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