Jan 27, 2020 According to a study by the Energy Research Company (EPE), linked to the Ministry of Mines and Energy, the technical potential for generating wind energy in Brazil at sea is 700 GW. The document was prepared after six environmental licensing processes for the construction of offshore wind farms were opened at the... Continue Reading →
ENI CEO Might Step Down if Found Guilty of Corruption
Italian oil group ENI's Chief Executive Claudio Descalzi could step down if he is found guilty by an Italian court of corruption in Nigeria, he told the Wall Street Journal. Descalzi is one of the defendants in a case over the alleged payment of bribes to facilitate a $1.3 billion oil deal for Nigeria's OPL... Continue Reading →
CGX wraps up seismic survey over Guyana block
Seismic services provider PGS has completed a 3D seismic program on the northern section of the CGX Energy-operated Corentyne block offshore Guyana. CGX is the operator of the Corentyne Block under a joint operating agreement with Frontera Energy. CGX has a 66.667% participating interest in the block, with Frontera holding the remaining 33.333% interest in... Continue Reading →
Bristow to merge with Era to create offshore helicopter giant
Offshore helicopter operator Bristow and its peer Era Group have made a deal to merge in an effort to create a more diverse and financially stronger player. Bristow and Era Group announced on Friday that they had entered into a definitive agreement to combine the two companies in an all-stock transaction, creating a financially stronger... Continue Reading →
Subsea and seismic for Parque das Baleias
January 24, 2020 Petrobras is contracting services and equipment for the new development phase of the project in the Campos Basin The attention of the supply industry returned to Parque das Baleias, a complex of deep water fields in the Campos Basin. In addition to subsea systems, Petrobras is bidding to contract 4D seismic mapping... Continue Reading →
TECHNOLOGY DEVELOPED BY IBM MAY INCREASE THE WITHDRAWAL MARGIN OF CRYSTALLED OIL IN ROCKS
JAN 23, 2020 Technicians at the IBM Brasil research laboratory have developed an unprecedented technology that analyzes the flow of liquids, such as water, oil and carbon dioxide, in porous media, such as rocks or soil. IBM FlowDiscovery (FD) aims to reduce the environmental impact caused by the most different industrial processes, from oil extraction... Continue Reading →
Petrobras starts non-binding phase for sale of BSBios
January 23, 2020 Petrobras, following up on the release disclosed on 12/20/2019, informs the beginning of the non-binding phase related to the sale of all shares of BSBios Indústria e Comércio de Biodiesel Sul Brasil S/A (BSBios) by its wholly-owned subsidiary Petrobras Biocombustíveis S.A. (PBio). Potential buyers qualified for this phase will receive a descriptive... Continue Reading →
AMLO Chips Away at Mexico Energy Reforms as Investors Stay Wary
Andres Manuel Lopez Obrador, who swept into power in Mexico after promising big changes in the country’s energy markets, has been careful not to spook investors by canceling past reforms outright. Instead, the Mexican president spent his first full year in office chipping away at them one piece at a time, slowing private investment but... Continue Reading →
Hybrid Autonomous Systems Evolve
Marine autonomous systems and combinations of such systems are being increasingly put to the test in the offshore space. Elaine Maslin looks at how hybrid remote and autonomous systems are now being tested. Concepts like resident subsea vehicles, for inspection, repair and maintenance, are attractive options, but not the only ones being tried. Deploying remotely... Continue Reading →
Prysmian to supply steel tube umbilicals for Mero project
Prysmian Group, a services provider in the energy and telecom cable systems industry, has been awarded a contract by Libra, a consortium of international oil & gas operators, for steel tube umbilicals to be installed in the Mero oilfield, located offshore Brazil. The Libra Consortium is led by Petrobras – with a 40% interest –... Continue Reading →