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Petróleo Brasileiro S.A. – Petrobras informs that it has signed, in partnership with Shell and Senai CIMATEC, a cooperation term (TC) for the construction of the Production Development Laboratory (LDP), the largest complex for pre-salt research and development. The LDP will enable safe operating conditions similar to the Brazilian pre-salt for testing integrated systems. The... Continue Reading →
(Reuters) - Oilfield firm Baker Hughes Co (BKR.O) beat first-quarter profit estimates on Wednesday, as stronger oil prices have supported demand for its equipment and services. Global oil futures are currently trading around $83.12 a barrel, down about 22% from a year ago but still well above a level where firms can drill profitably. Markets have been... Continue Reading →
(OW) Ørsted and the infrastructure division of Spanish Acciona have signed a memorandum of understanding (MoU) to explore options for floating wind foundations, including using carbon-neutral materials and industrialising the fabrication of concrete foundations. Under the MoU, the two companies’ focus will be on the use of carbon-neutral bio-cement, bio-concrete, and other materials and solutions,... Continue Reading →
Freja Offshore, a joint venture between Hexicon and Mainstream Renewable Power, has submitted a planning application under the Swedish Economic Zone Act (SEZ) for the Mareld floating offshore wind farm. In the North Sea, the floating wind farm called Mareld is planned to be built at a site located approximately 40 kilometres west of Orust. ... Continue Reading →
(PN) Karoon Energy announced that it has completed its drilling program, in the Santos Basin, with the Noble Developer rig (formerly known as Maersk Developer). The rig was contracted to carry out the oil company's first workover campaign and the development of new fields in Brazil. The rig was mobilized from the Caribbean to Brazil... Continue Reading →
(OE) Subsea optical inspection technologies developer Voyis Imaging Inc. has launched a new product line called Discovery Vision Systems that it says will advance ROV vision systems, and deliver a new level of situational awareness to ROV operations, achieving both high-resolution video and real-time 3D perception for piloting, inspection, and autonomy applications. "Subsea inspection... Continue Reading →
Norwegian shipyard Green Yard Kleven AS has secured a retrofit project with Brazilian offshore vessel owner Oceanica. This is the fourth contract signed with the same shipowner that includes the reactivation and rebuilding of offshore ships bought from Norwegian shipowners. The vessel, named Oceanicasub X, is a 78-meter anchor handling vessel which will be rebuilt... Continue Reading →
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 →
Brazil Energy Insight 