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(OW) All five innovation projects selected in Scotland’s INTOG (Innovation and Targeted Oil & Gas) leasing round have now signed exclusivity agreements with Crown Estate Scotland, which allows the developers to start offshore wind development work while Marine Scotland’s planning process for the INTOG Sectoral Marine Plan (INTOG SMP) is completed. The INTOG leasing round has three... Continue Reading →
The FPSO Guanabara (Mero 1) completed one year of operation on April 30th. This FPSO is the first of a series of four definitive platforms scheduled for the unitized Mero field, in the Libra block (Strategic Plan 2023-2027).In that first year, several milestones were achieved: the TOP of the unit in January/2023, the production record... Continue Reading →
(OE) China's CNOOC Limited said Monday that the Wenchang deep-sea floating wind demonstration project has been connected to the grid for power generation. The demonstration project is located near the Wenchang oilfields in the western part of the South China Sea, 136 kilometers away from the shore in a water depth of 120 meters. "The... Continue Reading →
(epbr) Petrobras is considering investing first in projects for new renewable energy sources — such as offshore wind — abroad, in countries where the legal frameworks are already more consolidated, before starting to develop its own projects in Brazil, said the Energy Transition director of the company, Maurício Tolmasquim. In Brazil, the first steps may... Continue Reading →
(OW) The BlueFloat Energy and Renantis partnership has signed exclusivity agreements with Crown Estate Scotland to develop its Sinclair and Scaraben innovation projects which will now be part of a phased delivery of the partnership’s Broadshore project. The two 99.5 MW floating offshore wind farms will now be developed as part of a phased delivery... Continue Reading →
(OE) The shareholders of the TetraSpar Demonstrator floating wind project, Shell, TEPCO Renewable Power, RWE and Stiesdal Offshore, have launched an innovation challenge to accelerate the technical advancement of floating offshore wind. To encourage such innovation the partners have launched the global “TetraSpar Innovation Challenge”. The aim of the competition is to identify innovative solutions that... Continue Reading →
(Reuters) Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday. SparkCognition's AI algorithms will process and analyze large amounts of seismic data in the hunt for new oil reservoirs by Shell, the largest oil producer in the... Continue Reading →
(OW) Sweden-headquartered SeaTwirl has signed a Memorandum of Understanding (MoU) with Kontiki Winds to identify and discuss the opportunities to electrify oil and gas assets and other offshore applications, with the use of SeaTwirl’s floating wind turbines. Under the MoU, the two companies will explore new opportunities in the market to implement offshore wind into... Continue Reading →
Noble Corporation has won contracts with UK-headquartered energy giant Shell and Brazilian state-owned oil and gas giant Petrobras, respectively, for two of its 7th-generation drillships. Shell has contracted Noble Voyager to drill a deepwater exploration well offshore Mauritania. The drillship is currently operating for the energy giant offshore Mexico. The new contract has an estimated... Continue Reading →
(OM) SBM Offshore has ordered the eighth Fast4Ward MPF FPSO hull under its Fast4Ward program. CMHI (China Merchants Heavy Industry Co.) will construct the hull. To date, SBM has delivered six hulls to confirmed field developments and has granted exclusivity for the seventh to ExxonMobil Guyana. In its latest results review, the company provided an... Continue Reading →
Brazil Energy Insight 