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Petróleo Brasileiro S.A. – Petrobras informs that it has signed a contract to expand and modernize units already in operation at Abreu e Lima Refinery (RNEST), in Pernambuco. After the completion of the works, expected for the fourth quarter of 2024, the refinery will have an increase in the total processing capacity of Train 1:... Continue Reading →
(Reuters) - Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows. With hydropower expected to generate an additional 11.5% and nuclear a further 7.3%, over 90% of the region's electricity... Continue Reading →
(PN) Brazilian independent operator Enauta reached the level of 32 thousand barrels of oil equivalent produced per day, considering the production of the Atlanta fields, in the Santos Basin, and Manati, in the Camamu Basin. This amount represents a new record in the company's history. The volume also corresponds to an increase of more than... Continue Reading →
(PN) Baker Hughes announced a new and important company contract in Brazil. The company will provide CO2 compression solutions for the FPSO P-80, P-82 and P-83, which will be operated by Petrobras in the Búzios field, in the Santos Basin pre-salt. There will be six compression trains, powered by gas turbines, designed to reinject more... Continue Reading →
(OM) PGS has released the first data from its new Pacific MegaProject covering prospective areas across much of Colombia's offshore Tumaco and San Juan basins. The company has reprocessed all available data in the target area to produce a single unified and rejuvenated MegaProject dataset. This is said to provide new insights into potential petroleum system... Continue Reading →
(OM) Remazel Engineering, with work and support from Remazel Asia, has been awarded a contract for the design and manufacturing of a permanent mooring connecting system for floating offshore wind and fish farm integration application by the Chinese company LONGYUAN ZPMC, part of China Longyuan Power. This pilot project is an integrated system of a floating wind turbine and marine aquaculture, and it will be... Continue Reading →
(OE) The HSI consortium comprising HSM Offshore Energy, Smulders, and Iv-Offshore & Energy has won a contract to deliver substations and jackets for the largest offshore wind farm in the Baltic Sea, the Gennaker. Under the contract, awarded by 50Hertz, the consortium will be responsible for the engineering, procurement, construction, and installation (EPCI) of the... Continue Reading →
Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels. The company said Wednesday it had executed a non-binding memorandum of understanding with offshore wind installation... Continue Reading →
Singaporean conglomerate Keppel Corp Ltd on Thursday posted a higher net profit for the first quarter, boosted by a significant one-off gain recognized from the sale of its offshore & marine unit. In February, Sembcorp Marine completed a S$4.50 billion ($3.37 billion) buyout of Keppel's offshore & marine unit after receiving the necessary shareholder approvals.... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE) has won contracts worth almost 7 billion euros ($7.68 billion) as part of a consortium with Spain's Dragados Offshore (ACS.MC) to transport wind farm power to northern Germany, the German company announced on Thursday. Under the deal with Dutch electric grid company TenneT (IPO-TTH.AS), the companies will supply technology for three offshore grid connections in... Continue Reading →
Brazil Energy Insight 