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(OET) Hellenic Cables has signed a contract with Asso.subsea for the transportation, installation, and protection of the 220 kV submarine export cable that will connect 50Hertz’s own transformer platform at the Windanker wind farm in the Baltic Sea to the national grid as part of the Ostwind 3 grid connection system. The overall system will... Continue Reading →
(OET) The partners in the innovative industry-led project that aims to demonstrate the effectiveness of renewable energy for powering subsea production systems and vehicles are getting ready to demonstrate the integrated system offshore Orkney in Scotland. The project, dubbed ‘Renewables for Subsea Power’, is being developed by Verlume, Baker Hughes, Mocean Energy, and Transmark Subsea. It will combine Verlume’s Halo seabed... Continue Reading →
Industrial services provider Bilfinger UK said Monday it had teamed up with Sulzer to help wind farm operators and developers cut their operations and maintenance (O&M) costs. According to Bilfinger, the partnership will see Bilfinger UK provide the fluid engineering firm’s specialist services within its wider offering to the sector. Sulzer delivers overhaul and testing... Continue Reading →
Offshore drilling company Transocean is looking to raise $500 million through a private offering of senior secured notes due in 2028. The offshore drilling contractor said Monday that its subsidiary, Transocean Titan Financing Limited (“Transocean Titan”), had started the private offering. According to the company, the notes will be guaranteed by Transocean Ltd., Transocean Inc.,... Continue Reading →
(OED) Oil and gas company BW Energy has started drilling the first production well on the Hibiscus / Ruche Phase 1 development in the Dussafu Block offshore Gabon. The company said Monday that drilling operations had started in the first week of January. First oil is expected in March 2023. BW Energy is using the... Continue Reading →
The PanGeo Subsea brand and company name have changed to Kraken Robotics as of 1 January 2023, following the completion of the acquisition by the Canadian company in 2021. To remind, Kraken Robotics entered into a non-binding letter of intent (LOI) to acquire PanGeo Subsea in April 2021. The Canada-based marine technology company completed the acquisition in the summer of 2021. According... Continue Reading →
Hitachi Energy said Monday it had secured two major orders from Equinor and Polenergia to provide an AC grid connection and power quality solution for their jointly owned MFW Baltyk II and MFW Baltyk III offshore wind projects in Poland. The wind farms, to be built in the Polish section of the Baltic Sea, will... Continue Reading →
(Reuters) - Petroleo Brasileiro SA (PETR4.SA) stepped up security at its refineries in a precautionary measure after threats against assets, including Brazil's biggest fuel plant, two company officials said, speaking on condition of anonymity. The threats were detected by Petrobras' intelligence unit monitoring social media communications of supporters of Brazil's far-right former President Jair Bolsonaro, the two... Continue Reading →
(Reuters) - Brazilian police deployed at a camp of supporters of far-right former President Jair Bolsonaro in the capital on Monday, a day after rioters launched the worst attack on Brazil's state institutions since its return to democracy in the 1980s. Hundreds of police in riot gear and some on horseback amassed at the encampment... Continue Reading →
French offshore seismic data company CGG has announced the start of a new Foz do Amazonas 3D seismic reimaging project. This project is meant to support Brazil's Permanent Offer initiative in the Equatorial Margin. Supported by industry funding, the project is expected to complete by the end of 2023. CGG said that the related fast-track... Continue Reading →
Brazil Energy Insight 