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(OE) Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry. The Tidal Action is built on Hanwha Ocean’s proprietary design and is capable of drilling at depths of up to 12 kilometers in waters as deep as 3.6 kilometers. The... Continue Reading →
(OE) Shell, through its subsidiaries, has awarded a contract to Stena Drilling for the Mobile Offshore Drilling Unit (MODU) Stena DrillMAX, which will be put to work offshore Suriname. KE STP Company and BG International Limited Suriname Branch, subsidiaries of Shell, have selected Stena DrillMAX for a drilling campaign, expected to start in the second... Continue Reading →
(offshoreWIND.biz) Corio Generation, a standalone portfolio company of Macquarie Asset Management, plans to restructure its offshore wind development business to focus on a smaller portfolio of projects. A spokesperson for Corio Generation said: “Given challenging market conditions in the offshore wind sector, Corio Generation is refocusing its global operations to prioritise the development of a smaller portfolio of... Continue Reading →
(offshoreWIND.biz) On 7 April, The Crown Estate announced that the plans for a new generation of floating wind farms off the coasts of Wales and South West England moved a step closer as the leasing round for three sites in the Celtic Sea entered its final stages. Additionally, the companies bidding to build the projects... Continue Reading →
(OE) Norwegian seismic firm TGS has secured a shallow-water ocean bottom node (OBN) acquisition contract offshore Trinidad. The 3D baseline contract is scheduled to begin in early third quarter of 2025. The total duration of the survey is approximately 80 days. "Our OBN technology continues to be the preferred choice of the industry and exposes... Continue Reading →
(Reuters) Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday. The animal care center in the town of Oiapoque, Amapa state, is designed to assist animals in the event of an oil... Continue Reading →
Ocyan announced Rodrigo Lemos as the company's president, succeeding Luiz Reis. Before assuming the new position, Lemos served as executive vice president of Subsea and Offshore Production. The transition was planned over the last few months to ensure continued growth of the company, with a focus on safety, profitability and customer service. Luiz Reis will... Continue Reading →
(OE) The government of U.K. has approved 1.2 GW extension to Rampion offshore wind farm, Rampion 2, off the Sussex coast. The Development Consent Order (DCO) for the Rampion 2 offshore wind farm project, an extension to the existing Rampion wind farm nearby, is being led by global renewables company RWE, on behalf of joint... Continue Reading →
Brazil's proven oil reserves (1P) increased by 5.92% last year, while the volume of proven and probable reserves (2P) grew by 4.36%. The total of proven, probable and possible reserves (3P) increased by 4.27%. The data was released by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), which published the Annual Bulletin of... Continue Reading →
(PN) Oil and natural gas production in Brazil's onshore fields is expected to continue growing over the next five years, according to projections released by the National Petroleum Agency (ANP). By 2029, extraction from onshore wells could increase by around 29%, according to data presented in the 2025 Annual Production Programs (PAPs). These documents are... Continue Reading →
Brazil Energy Insight 