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(OE) ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector. Proper Marine will be merged with ABL’s design and engineering arm Longitude. The company will expand ABL’s design and engineering capabilities with a team of over... Continue Reading →
(OE) Scientists from the University of Plymouth, Heriot-Watt University and the Marine Biological Association are leading a new project exploring the consequences of floating offshore wind farms on ocean life. The FRONTLINE project will employ AUVs, satellite remote sensing, digital video aerial surveys and seabird and fisheries tracking to investigate how the rapid expansion of... Continue Reading →
Petróleo Brasileiro S.A Petrobras informs that the Chairman of the Board of the company, Mr. Pietro Adamo Sampaio Mendes, has been nominated by the Ministry of Mines and Energy of Brazil for consideration by the country’s Chief of Staff's Office as a proposed candidate to occupy a Directorship at the National Agency for Petroleum, Natural... Continue Reading →
Petrobras, following up on communication of October 3, 2024, through its wholly-owned subsidiary Petrobras International Braspetro B.V. - Colombia Branch (PIB-COL), and Ecopetrol confirm the largest gas discovery in the history of Colombia with the drilling of the Sirius-2 well. The drilling of Sirius-2 began on June 19, 2024. The well is located within the... Continue Reading →
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy. (Reuters) The changes are part of a company-wide review launched in 2023 aimed at reducing costs as CEO Wael Sawan focuses... Continue Reading →
(Reuters) French oil major TotalEnergies is close to acquiring vertically-integrated renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros ($2.10 billion), Bloomberg News reported on Tuesday. TotalEnergies and Partners Group declined to comment. VSB Group did not immediately reply to a request for comment. Germany-based VSB has a renewables... Continue Reading →
PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of November. Key: (1) The production of the Frade field was affected by a failure during the update of the turret's communication system. (2) In the Polvo and Tubarão Martelo cluster, production... Continue Reading →
Conbit has launched the SL900, a versatile modular lifting system designed to meet the unique challenges of offshore wind projects. Successfully tested last month, the SL900 offers a game-changing alternative to crane vessels and jack-up barges for heavy lifts on offshore substations, such as replacing deck cranes, transformers, or installing heavy boat landings. The SL900... Continue Reading →
(Reuters) U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday. Exxon, Hess and CNOOC won offshore block S8 in a bidding round launched in late 2022 by President Irfaan Ali's administration. The group remains interested... Continue Reading →
(OE) Equinor has appointed Jens Økland as acting Executive Vice President (EVP) for Renewables, as Pål Eitrheim steps down from the position. Økland will assume his new role from December 6, 2024. He has more than 30 years of experience in Equinor, most recently as Vice President for Strategy and Commercial Solutions in Renewables. From... Continue Reading →
Brazil Energy Insight 