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(Reuters) -Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy. It aims to have 35 gigawatts (GW) of gross renewable... Continue Reading →
Taking the power to where you want it is another option – perhaps not for compression or pumping system, but potentially for monitoring, inspection, and even intervention systems, such as resident robotics concepts. It’s an idea some have been looking at, such as Ocean Power Technologies, which recently won a DeepStar project award to study... Continue Reading →
AET, a petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of Eagle Pilar, a new Suezmax second-generation dynamic positioning (DP2) shuttle tanker built at Samsung Heavy Industries (SHI) shipyard in South Korea. The 153,180 dwt newbuild has been purpose built for a long-term charter to Brazil Shipping I Limited, a subsidiary... Continue Reading →
Sevan SSP, a company designing cylindrical, offshore facilities such as FPSOs and offshore rigs, has entered the floating wind game with its SWACH design. "Sevan SSP is happy to announce our participation in the development of floating offshore wind energy with our Sevan Wind concept, the SWACH design," the company, a subsidiary of Singapore-based Sembcorp... Continue Reading →
Saipem has started the functional tests of FlatFish, the innovative underwater drone for advanced vessel free subsea inspections, based on AI. According to the company, the vehicle is now going to an extensive sea trial campaign. Since March 2018, Shell has been entrusting Saipem with the license to develop the FlatFish technology and qualify it... Continue Reading →
Ten years ago, a future where subsea fields and their power-hungry process equipment could be fully electrified, enabling long step-outs to tap remote reserves with lean new infrastructure architectures, lit the fuse for a spate of investment in subsea power distribution.The result, following at least two major joint industry projects (JIP) and tens of millions... Continue Reading →
In 2017, the Brazil National Petroleum Agency (ANP) issued a failure mode alert: stress corrosion cracking (SCC-CO2) triggered by the presence of CO2 in high-pressure pre-salt conditions had been identified as the cause of broken tensile armor wires on a certain flexible pipe installation. Relatively common in other applications where carbon steel is subject to... Continue Reading →
The company announced on Tuesday news of chances in the high command in Brazil. The executive Veronica Rezende Coelho will start as president of the company in Brazil as of February 1st. She will assume the role that is being performed on an interim basis by Leticia Andrade, who has been in command since the... Continue Reading →
UK oil and gas company Premier Oil will be renamed Harbour Energy following the completion of its merger with Chrysaor, which will create the largest London-listed independent oil and gas company. Premier reached an agreement with Harbour’s UK operating company Chrysaor for a proposed all-share merger between Premier and Chrysaor and the reorganisation of Premier’s existing... Continue Reading →
Inadequate investment in exploration and new drilling may leave the world without enough oil in 20 to 30 years despite a shift towards renewable power sources, top energy analysts say. The long-term outlook contrasts with today's situation where plunging oil demand due to the coronavirus crisis has left the market oversupplied, prompting the Organization of the Petroleum Exporting Countries,... Continue Reading →
Brazil Energy Insight 