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Brazilian oil and gas player Enauta has completed the preventive maintenance activities for a floating, production, storage, and offloading (FPSO) vessel, which is carrying out operations on a field offshore Brazil. Enauta disclosed on Monday, 27 February 2023, that the preventive maintenance of the water-cooling system of the FPSO Petrojarl I was concluded and the production at... Continue Reading →
(OE) Norwegian floating offshore wind engineering firm Odfjell Oceanwind has launched a floating wind foundation design, the Deepsea Star, that will be able to take 15 MW and larger wind turbine generators (WTGs). The company has previously received basic design approval from DNV for its Deepsea Semi 12MW foundation. According to Odfjell Oceanwind, the new design,... Continue Reading →
(Reuters) Italian energy services group Saipem on Monday raised its earnings expectations for 2023 and the next few years after beating 2022 targets as its restructuring plan started to bear fruit. The company reported adjusted core earnings of 595 million euros ($631 million) on sales of 9.98 billion euros last year. This compares with the... Continue Reading →
The maritime classification society DNV has, with its partners, launched a joint industry program to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sector. The partners of the JIP called EMRED, comprise energy companies, ScottishPower Renewables, RWE, Vattenfall, and Orsted, and installation and operation companies, Jan... Continue Reading →
OceanXpress, a crew change joint venture between Damen Shipyards Group and Ampelmann, recently secured a two-year offshore support contract in cooperation with Compagnie Maritime Monégasque (CMM) with Petrobras off the coast of Brazil. The Damen Fast Crew Supplier (FCS) 7011 Aqua Helix, equipped with an Ampelmann S-type system, will transport personnel to and from offshore... Continue Reading →
(Reuters) Russia's Lukoil is in talks with Indian companies to sell its stake in the Pecan oilfield off Ghana, which could help to break an impasse in submitting development plans for the field, sources familiar with the matter said. Talks between Lukoil officials and Indian companies, including ONGC Videsh, the foreign investment arm of Oil... Continue Reading →
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States came to a stop and remained unchanged last week. However, the total number of rigs operating in the U.S. went down to 753 from 760 units during the previous week. After the number of offshore rigs working in the... Continue Reading →
(Reuters) Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project, the Caribbean nation's energy minister said on Thursday. A deal would help revive the nation's gas production, which contributes a large part of its export revenue and has been in decline. The joint venture could... Continue Reading →
BP and EnBW are collaborating with research and development experts at the UK-based Offshore Renewable Energy (ORE) Catapult to investigate using zero- or low-emission support vessels at offshore wind farms. The two companies are jointly developing three offshore wind projects in two UK locations – ‘Morven’, a potential 2.9GW lease area off the east coast... Continue Reading →
(Reuters) - Renewables investor Octopus Energy Generation plans a rapid increase in investment in offshore wind power after spending $1 billion in less than a year. The firm, part of Octopus Energy Group, said it has raised its stake in the 270 megawatt Lincs offshore wind farm off the east coast of England to 31%... Continue Reading →
Brazil Energy Insight 