Brought to you by Quest Offshore & Southern Cone Consultants
TSC Subsea has secured a contract with a major operator for the subsea inspection of insulated flexible pipes in the pre-salt region offshore Brazil. The multi-year contract will enable the company to deliver continuous inspection services to the unnamed client from 2024 to 2026. The company uses its proprietary ART (Acoustic Resonance Technology) and the... Continue Reading →
( Offshore-energy.biz) The Norwegian state-owned energy giant Equinor has managed to maintain a stable net profit in the second quarter of 2024, registering a drop quarter on quarter but a slight increase compared to the same period last year, while the firm continued working on field developments and supplied hydrocarbons to Europe to increase the... Continue Reading →
(OE) Slovakia-based drilling specialist GA Drilling has entered into a technical cooperation program with Brazil’s state-owned oil and gas giant Petrobras to deliver more efficient deep drilling system. In cooperation with Cenpes, Petrobras’ research, development, and innovation center, the partnership aims to bring a next-generation downhole drilling system to fruition, expected to significantly reduce well... Continue Reading →
(Reuters) Italian energy contractor Saipem confirmed its 2024 guidance on Wednesday after reporting a 36% rise in adjusted core profit in the second quarter compared with the same period of last year. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 297 million euros ($322 million) between April and June, boosted by... Continue Reading →
(offshoreWIND.biz) Rovco has been selected to conduct site characterization operations on the Green Volt floating offshore wind farm project in Scotland. UK-based company will focus on geophysical surveys in the offshore wind farm array area, offshore and nearshore export cable corridors, shallow Piezocone Penetration Test (PCPT), and vibrocoring. Rovco’s DP2 survey vessel Glomar Supporter will begin its... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 4.750% Global Notes due 2025 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be July 29, 2024... Continue Reading →
(GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. This quarter’s report includes the following updates: Deepwater Atlas – Awarded a four-well contract in the U.S. Gulf of Mexico at a dayrate of $505,000,... Continue Reading →
(Reuters) - Turbine and engine maker Siemens Energy (ENR1n.DE), opens new tab will build a 280-megawatt (MW) green hydrogen electrolysis system for Northern German utility EWE (LANDWE.UL) which is expected to begin operating in 2027, the two companies said on Thursday. The awarding of the contract is one of a flurry of deals after Germany last week... Continue Reading →
(offshoreWIND.biz) RWE and TotalEnergies have entered into an agreement under which TotalEnergies will acquire a 50 per cent stake in RWE’s OranjeWind offshore wind farm in the Netherlands. TotalEnergies said it would use its share of the electricity from the 795 MW OranjeWind to produce green hydrogen. The new partners have now also taken the... Continue Reading →
(Reuters) French oil major TotalEnergies reported a 6% fall in second-quarter earnings on Thursday, worse than analysts expected, hurt by lower refined product and gas sales and as European refining margins tumbled. Adjusted net income for the three months to June 30 was $4.7 billion, down from $4.96 billion a year earlier and $5.1 billion... Continue Reading →
Brazil Energy Insight 