Ulstein Group unveiled a hydrogen-powered ship design that it claims is market-ready, offering zero-emission marine operations. Recently, DNV GL identified the five most promising alternative fuels for shipping, with hydrogen as the ultimate zero-emission solution. The first complete hydrogen fueled prospect has been put together by Ulstein Design & Solutions BV and Nedstack fuel cell... Continue Reading →
Shawcor to provide pipe coating services for ExxonMobil’s Payara
Energy services company Shawcor has entered into a detailed letter of intent with Saipem for the proposed Payara development project located in the Stabroek block offshore Guyana. Shawcor said on Thursday that the letter of intent was awarded to its pipe coating division. Continue reading
Karoon takes Stena drillship for Peru well
Australia-based Karoon Energy has executed binding agreements with drilling contractor Stena Drilling and oil company Tullow Oil to contract the Stena Forth drillship for Karoon’s Marina-1 exploration well located offshore Peru. As previously reported, Karoon started tendering for a drilling rig to drill the Marina-1 well in March 2019. The Stena Forth has been contracted to drill... Continue Reading →
Aker Solutions teams up with oil majors in subsea gas separation JIP
Norwegian oilfield services company Aker Solutions and a group of oil and gas operators have come together in a joint industry project with the aim of making subsea gas separation a reality. Using CO2 injection to increase recovery rates in offshore oil and gas fields can improve the economics of a field significantly, but so... Continue Reading →
PETRORIO HIRES MARKET MAKER
November 14, 2019 PetroRio S.A. (“Company” or “PetroRio”) (B3: PRIO3) in compliance with CVM Instruction 384 as of March 17th, 2003 hereby informs its shareholders and the market in general that as of November 18, 2019, the services of Market Maker will no longer be provided by Genial Institucional Corretora De Câmbio, Títulos E Valores... Continue Reading →
PETRORIO CHANGES IN SENIOR MANAGEMENT POSITIONS
November 14, 2019 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), in compliance with article 157 of Law 6404/1976, CVM Instruction 358/2002, and article 26 of the Novo Mercado Regulation, announces to its shareholders and the market in that Mr. Nelson Sequeiros Rodriguez Tanure has resigned from his position as member of the Board of... Continue Reading →
Petrobras reports on production start-up of P-68
November 14, 2019 Petróleo Brasileiro S.A. - Petrobras reports that today it started up oil and natural gas production at platform P-68 in the Berbigão field, in the Santos Basin pre-salt. Following P-67, in the Lula field, and P-76 and P-77, in the Buzios field, P-68 is the fourth unit to start up in 2019,... Continue Reading →
ROV in Residence
Remote operated vehicles (ROV) have become standard workhorses for the offshore industry, providing vital support to underwater operations, from drilling to servicing the latest subsea processing technologies. But, they’re now undergoing a transformation. Continue reading
Petrobras – Tender for offshore platform maintenance services
Nov 14, 2019 Petrobras has launched a tender for contracting offshore platform maintenance services, which include the Buzios field units, in the pre-salt of the Santos Basin. - Lot A provides services for the P-74, P-75, P-76 and P-77 FPSOs, all owned by Petrobras, with a production capacity of 150 thousand barrels / day, in... Continue Reading →
SPIC BRASIL, PRUMO GROUP AND SIEMENS AG SIGN A COOPERATION AGREEMENT FOR THE DEVELOPMENT OF ENERGY PROJECTS IN BRAZIL
Nov 14, 2019 SPIC Brasil, Grupo Prumo (a company controlled by EIG Global Energy Partners) and Siemens AG sign an MoU (Memorandum of Understanding) for the development of energy projects in Brazil. The signing took place during the BRICs meeting, attended by key executives of the companies involved: SPIC - Qian Zhimin, Chairman, Adriana Waltrick,... Continue Reading →