(offshore-energy.biz) U.S.-headquartered offshore energy services provider Helix Energy Solutions has picked up multimillion-dollar long-term assignments off the coast of Brazil for two vessels, which will carry out well intervention work for the country’s energy giant, Petrobras. Following a competitive tender process, Helix entered into three-year vessel charter and service contracts with Petrobras for the Siem Helix 1 and Siem Helix 2 riser-based... Continue Reading →
SLB Launches Carbon Storage Well Integrity Assessment Tool
(OE) SLB has launched a well integrity assessment solution that helps carbon storage developers quantify the risks associated with wells at prospective storage sites with previous drilling activity. Establishing secure storage sites is essential to enabling growth of CCUS and creating a low carbon energy ecosystem, says SLB. Many prospective carbon storage sites are located... Continue Reading →
Havila Shipping Reports Quarterly Profit
(OE) Offshore supply services company Havila Shipping has recorded a profit before tax of NOK 4.0 million ($382,000) in Q2 2024, compared with NOK -5.4 million in Q2 2023. Deals made in the quarter include the agreement with Reach Subsea to extend the contract for the IMR vessel Havila Subsea. The existing contract was due... Continue Reading →
Petrobras/Federal Government Join as Sponsors of South America Offshore Wind 2024
South America Offshore Wind 2024 announce the support and participation of Petrobras/Federal Government as 'Lead Developer Sponsors' at South America Offshore Wind 2024! Petrobras' commitment is the energy that makes them go further. Petrobras is a publicly traded corporation operating in an integrated and specialized manner in the oil, natural gas, and energy industry. They... Continue Reading →
BP notifies ANP discovery of oil signs in the Pau Brasil block
(PN) British oil company BP has notified the National Petroleum Agency (ANP) about the discovery of oil signs in the pioneer well of the Pau Brasil block, in the pre-salt layer of the Santos Basin. As we reported, the well (which received the technical name 1-BP-12D-RJS) is located in a water depth of 2,283 meters... Continue Reading →
Full Output Resumes at Liza Unity in Guyana
(Reuters) An Exxon Mobil consortium's crude output in Guyana has been fully restored at two floating production facilities after workers completed a natural gas pipeline tie-in, a company spokesperson said on Monday. Output had fallen to between 400,000 and 500,000 barrels per day from July 2 through the end of the month, government data showed,... Continue Reading →
TGS and Petrobras Enter Tech and Research Partnership
(OE) Norwegian seismic company TGS announced it has entered into a partnership with Brazilian state-owned energy company Petrobras to collaborate on scientific research and technological development activities in Brazil. Under the memorandum of understanding (MOU), the partners will seek to drive innovation in the energy sector through collaborative efforts to develop new technologies and conduct... Continue Reading →
7.6 GW Offshore Wind Plan Gets State Regulator Approval in California
(offshoreWIND.biz)The California Public Utilities Commission (CPUC) has finalised its plan to facilitate the state’s procurement of more than 10 GW of large-scale renewable energy and storage, including 7.6 GW of (floating) offshore wind. CPUC has voted to adopt a proposed decision from July, directing the Department of Water Resources (DWR) to procure electrical resources with... Continue Reading →
Stronger Incentives Needed for CCUS
(OE) Carbon Capture Utilisation and Storage (CCUS) is a crucial element in global decarbonization, but current economics limit CO2 utilisation deployment, according to a recent report from Wood Mackenzie. In Wood Mackenzie’s 2050 net zero scenario, more than 7 Btpa of CCUS capacity is needed. Currently, 500 Mtpa of planned carbon capture capacity has been... Continue Reading →
China CNPC’s global oil, gas investment
(Reuters) - China National Petroleum Corp (CNPC), Asia's largest oil and gas producer, has over the past three decades built a global portfolio with assets in 33 countries. The company's overseas production exceeded 100 million metric tons, or 2 million barrels per day of oil equivalent, for the first time in 2019 and has since... Continue Reading →
Brazil Energy Insight 