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Belgium engineering firm Tractebel, part of Engie, is developing a concept for an offshore platform that would convert power produced from offshore wind farms into hydrogen using electrolysis. “Delivering up to 400 MW, this kind of plant exceeds the output of previous technologies many times over. It could already be put into practice today, for... Continue Reading →
Oslo-headquartered TMC Compressors of the Seas said on Monday it has been awarded a contract from Chinese shipyard Shanghai Waigaoqiao Shipbuilding to supply the marine compressed air system to the Liza Unity floating production, storage and offloading unit (FPSO). Under the contract, TMC will provide a large compressed air system consisting of frequency-controlled instrument air... Continue Reading →
Eike Batista, formerly Brazil’s richest man, was sentenced to an additional eight years and seven months of prison time on Monday for insider trading. Batista, 62, had already been convicted for paying $16.6 million to get government contracts as part of a sprawling corruption probe known as Carwash and sentenced to 30 years, which he... Continue Reading →
Magma Global has signed a contract with Shell to develop and qualify a flexible single polymer composite (SPC) pipe for cryogenic applications of down to -196oC. Magma was selected for its high precision laser manufacturing capability and experience in development and qualification of composite pipe for hydrocarbon service. The cryogenic flexible will suit a number... Continue Reading →
Sonardyne Brasil has supplied Ultra-Short BaseLine (USBL) positioning technology to track science equipment and underwater vehicles deployed from Brazil’s oceanographic research vessel, Alpha Crucis. The 64 m-long vessel, which is operated by the University of São Paulo, undertakes research projects spanning global climate change to biodiversity in Brazilian waters. It will be equipped with a... Continue Reading →
September 30, 2019 Following the public sale notice by Serviços de Petróleo Constellation S.A. (“Constellation”), formerly Queiroz Galvão Óleo e Gás S.A., of its equity ownership in the lease and operating companies related to five Brazilian FPSOs, SBM Offshore confirms that it will participate in this sealed bids competitive process. The auction consists of the... Continue Reading →
Sept 27, 2109 The governor of Amazonas, Wilson Lima, announced on Thursday (26), the arrival of Eneva Company, which will begin, on October 11, the process of installing equipment for drilling and exploration of natural gas in a area between the municipalities of Silves and Itapiranga, in the Azulão natural gas field. “The state of... Continue Reading →
Brazilian police on Friday raided the homes of Banco do Brasil (BBAS3.SA) managers suspected of involvement in a 200 million reais ($48 million) money laundering scheme, police said, the latest phase of Brazil’s massive Car Wash corruption scandal. According to the Federal Public Prosecutors office, police are investigating allegations that managers at three branches of... Continue Reading →
Sep 26, 2019 New times for the Brazilian Petroleum Institute (IBP), which should confirm, in the coming weeks, economist Clarissa Lins as the new president of the institution. The appointment of the executive was approved this week by the Board of Directors of IBP. The next step now will be the voting of the members... Continue Reading →
26/09/19 The Brazilian Oil Agency (ANP) published on 09/02/2019 Report No. 005/2019 of the Local Content Superintendence (SCL), with guidelines regarding the Certification of Local Content for Joint Charter Parties of Support Vessels and Aircraft. The ANP considers that joint contracts are service contracts involving labor associated with the use of machinery or equipment.... Continue Reading →
Brazil Energy Insight 