Saipem Secures $1.9B Subsea Work at TotalEnergies’ Suriname Field

(OE) Saipem has secured an engineering, procurement, construction and installation (EPCI) contract by TotalEnergies for the subsea development of the GranMorgu field, offshore Suriname. Saipem’s scope of work under the contract worth $1.9 billion entails the engineering, procurement, supply, construction, installation, pre-commissioning and assistance for the commissioning and start-up of the subsea umbilicals, Risers and... Continue Reading →

November 14, 2024 0

SBM Offshore awarded contracts for the GranMorgu field development

SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies. Under these contracts, SBM Offshore will, in partnership with Technip Energies, construct and install a Floating Production, Storage and Offloading vessel (FPSO). The... Continue Reading →

November 14, 2024 0

Colombia’s Ecopetrol posts third-quarter profit down 28%

(Reuters) - Colombia's majority state-owned oil producer Ecopetrol on Wednesday reported that its third-quarter net profit fell 28% to 3.65 trillion pesos ($826.95 million) compared to the same period last year, citing changes to oil prices and inflation. Total sales meanwhile slipped 1.5% to 34.61 trillion pesos in the July through September period, Ecopetrol said in... Continue Reading →

November 13, 2024 0

DNV issues certifications for floating offshore wind foundation concept

(offshore-mag.com) Fred. Olsen 1848 says the BRUNEL Floating Foundation initiative for the floating offshore wind sector has completed its comprehensive basic design phase. This was done in compliance with the DNV-SE-0422 certification, and the development subsequently gained a DNV Basic Design Certification. These milestones are said to confirm acceptance for the design methodologies and developments for primary... Continue Reading →

November 13, 2024 0

First Steel Cut for ExxonMobil’s Guyana Field-Bound FPSO Jaguar

(OE) SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana. The steel strike ceremony took place on November 12 at Guyana Shore Base Incorporated (GYSBI), kicking off the production... Continue Reading →

November 13, 2024 0

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

(OE) Beam, a provider of high-technology offshore wind services, has unveiled Scout, an autonomous underwater vehicle (AUV) driven by artificial intelligence (AI). Scout, a concept expected to enter the market in 2025, will put the power of subsea inspection directly in the hands of wind farm operators. This is an important step in Beam’s journey... Continue Reading →

November 13, 2024 0

Gazelle Wind Power Scoops $12M to Advance Floating Wind Technology

(OE) Gazelle Wind Power, a Dublin-based developer of foundations for floating offshore wind farms, has secured investment of $12.1 million to accelerate the development of its floating wind technology. The funding round for Gazelle Wind Power was led by Indico Capital Partners, a premier investor in ocean related sustainable technologies. Other investors in the round... Continue Reading →

November 13, 2024 0

Rosneft Denies Reports of a Russian Oil Industry Mega-Merger

(oilprice.com) Rosneft has denied reports that there were plans to consolidate the country’s biggest oil companies into one entity, the company said in a statement. Rosneft cited an “unprecedented amount of coverage in foreign media alleging imminent consolidation of assets in the Russian oil industry with a direct hint on Rosneft's intention to take over the... Continue Reading →

November 12, 2024 0

Exxon Warns Trump Against Leaving Paris Agreement

(oilprice.com) Exxon’s chief executive has warned president-elect Donald Trump it would be a bad idea to leave the Paris Agreement on climate change, saying it would create uncertainty for the business world. “I don’t think the stops and starts are the right thing for businesses,” Darren Woods told the Wall Street Journal in an interview. “It is... Continue Reading →

November 12, 2024 0

Siemens Gamesa Bags GBP 1 Billion Turbine Contract for East Anglia Two

(offshoreWIND.biz) ScottishPower has awarded Siemens Gamesa a turbine contract worth more than GBP 1 billion for its 960 MW East Anglia Two offshore wind farm in the UK. Under the contract, Siemens Gamesa will supply 64 of its flagship SG 14-236 DD wind turbines, which have a rotor diameter of 236 metres, for ScottishPower’s third... Continue Reading →

November 12, 2024 0

Brazil Energy Insight

Saipem Secures $1.9B Subsea Work at TotalEnergies’ Suriname Field

SBM Offshore awarded contracts for the GranMorgu field development

Colombia’s Ecopetrol posts third-quarter profit down 28%

DNV issues certifications for floating offshore wind foundation concept

First Steel Cut for ExxonMobil’s Guyana Field-Bound FPSO Jaguar

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Gazelle Wind Power Scoops $12M to Advance Floating Wind Technology

Rosneft Denies Reports of a Russian Oil Industry Mega-Merger

Exxon Warns Trump Against Leaving Paris Agreement

Siemens Gamesa Bags GBP 1 Billion Turbine Contract for East Anglia Two

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