Petrobras on partnership with Shell and Senai CIMATEC

Petróleo Brasileiro S.A. – Petrobras informs that it has signed, in partnership with Shell and Senai CIMATEC, a cooperation term (TC) for the construction of the Production Development Laboratory (LDP), the largest complex for pre-salt research and development. The LDP will enable safe operating conditions similar to the Brazilian pre-salt for testing integrated systems. The... Continue Reading →

Oilfield firm Baker Hughes beats profit estimate

(Reuters) - Oilfield firm Baker Hughes Co (BKR.O) beat first-quarter profit estimates on Wednesday, as stronger oil prices have supported demand for its equipment and services. Global oil futures are currently trading around $83.12 a barrel, down about 22% from a year ago but still well above a level where firms can drill profitably. Markets have been... Continue Reading →

Ørsted and Acciona Team Up to Industrialise Fabrication of Carbon-Neutral Concrete Floating Wind Foundations

(OW) Ørsted and the infrastructure division of Spanish Acciona have signed a memorandum of understanding (MoU) to explore options for floating wind foundations, including using carbon-neutral materials and industrialising the fabrication of concrete foundations. Under the MoU, the two companies’ focus will be on the use of carbon-neutral bio-cement, bio-concrete, and other materials and solutions,... Continue Reading →

Voyis Launches Advanced Vision System for Subsea ROVs

(OE) Subsea optical inspection technologies developer Voyis Imaging Inc. has launched a new product line called Discovery Vision Systems that it says will advance ROV vision systems, and deliver a new level of situational awareness to ROV operations, achieving both high-resolution video and real-time 3D perception for piloting, inspection, and autonomy applications.   "Subsea inspection... Continue Reading →

Valaris embarks on emission reduction quest with new 2030 target

Offshore drilling contractor Valaris has set a carbon emissions reduction target to reduce its Scope 1 emissions by 2030, aligning its sustainability goals with the Task Force on Climate-Related Financial Disclosures (TCFD) framework. Valaris issued its 2022 Sustainability Report on Monday, 17 April 2023, showcasing its commitment to environmental, social and governance (ESG) priorities. As part of... Continue Reading →

CIMC Raffles to Build 2nd Offshore Wind Turbine Installation Vessel for Havfram Wind

Offshore wind installation firm Havfram Wind has ordered a second Wind Turbine Installation Vessel (WTIV). This is the first optional vessel ordered under the existing shipbuilding contract with China's CIMC Raffles. The vessel design will be similar to the first GustoMSC NG20000X Jack-Up vessel currently under construction.  "The latest battery hybrid drive train technology is incorporated... Continue Reading →

DEME Offshore and Liftra Team Up to Develop Innovative Offshore Wind Turbine Installation Methodology

(OE) Belgium-based offshore installation services firm DEME Offshore and Danish offshore engineering company Liftra will partner up to develop an innovative offshore installation methodology for the next generation of offshore wind turbine generators.  The Liftra crane technology will be fully integrated onboard DEME’s vessels exclusively. Aalborg-based Liftra is providing the design and engineering, based on its... Continue Reading →

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