Brought to you by Quest Offshore & Southern Cone Consultants
Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 million in the prior year, and an operating... Continue Reading →
(QFWS) Brazilian environmental agency IBAMA announced over a year ago it was receiving a significant number of applications targeting offshore wind development. The Government had issued a decree in January 2022 to enable the implementation of offshore studies and identification of suitable areas and by year-end the volume of applications had reached a stunning 176GW... Continue Reading →
Offshore drilling contractor Valaris has set a carbon emissions reduction target to reduce its Scope 1 emissions by 2030, aligning its sustainability goals with the Task Force on Climate-Related Financial Disclosures (TCFD) framework. Valaris issued its 2022 Sustainability Report on Monday, 17 April 2023, showcasing its commitment to environmental, social and governance (ESG) priorities. As part of... Continue Reading →
Brazilian oil and gas player Enauta has restarted production from a well located on a field offshore Brazil. Enauta temporarily halted the production from the 7-ATL-2HP-RJS well on the Atlanta field in March 2023, only days after completing of preventive maintenance of the water-cooling system of the FPSO Petrojarl I, which works at the field. In an update on Monday, 17 April 2023,... Continue Reading →
Offshore wind installation firm Havfram Wind has ordered a second Wind Turbine Installation Vessel (WTIV). This is the first optional vessel ordered under the existing shipbuilding contract with China's CIMC Raffles. The vessel design will be similar to the first GustoMSC NG20000X Jack-Up vessel currently under construction. "The latest battery hybrid drive train technology is incorporated... Continue Reading →
(OE) Belgium-based offshore installation services firm DEME Offshore and Danish offshore engineering company Liftra will partner up to develop an innovative offshore installation methodology for the next generation of offshore wind turbine generators. The Liftra crane technology will be fully integrated onboard DEME’s vessels exclusively. Aalborg-based Liftra is providing the design and engineering, based on its... Continue Reading →
Fugro is set to deploy its Seawatch floating LiDAR, surface metocean equipment buoys and seabed landers at the offshore site in Scotland where ScottishPower Renewables plans to build its 2 GW MachairWind offshore wind farm, with seabed surveys scheduled to start this summer. Using the Forth Warrior vessel, this month, Fugro will install the equipment at two separate locations... Continue Reading →
The National Petroleum Agency (ANP) approved the revision of the Development Plan for the Pilar field, in the Alagoas Cluster (Petrobras divestment). The asset is operated by Origem Energia, which should disburse R$ 916 million in investments in the area. In the revision of the plan, the operator states that it should drill 15 new... Continue Reading →
(Reuters)John Wood Group said on Monday it has decided to engage with Apollo Management for a firm offer from the private equity firm for a final buyout price of 240 pence per share, which values the group at about 1.66 billion pounds ($2.06 billion). Apollo is now required to announce a firm intention to make... Continue Reading →
(epbr) SPIC Brasil, a subsidiary of the Chinese generator, closed an agreement with Prumo Logística, a company controlled by the EIG that is responsible for the development of Porto do Açu, for joint renewable energy projects in the port complex located in the north of Rio de Janeiro. The Memorandum of Understanding (MoU), signed during... Continue Reading →
Brazil Energy Insight 