Low-carbon wind farm integrity monitoring solution gets financial push

A consortium comprising BeeX, Sulmara, and the University of Strathclyde has secured Enterprise Singapore – Innovate UK grant to develop a next-generation autonomous integrity inspection capability for offshore wind turbines. Autonomous robotics specialist BeeX, offshore survey and inspection specialist Sulmara, and structural integrity specialists at the University of Strathclyde joined forces to deliver an autonomous... Continue Reading →

February 15, 2023 0

Shell and Ocean Winds’ US Offshore Wind Project Clears First Federal Permitting Step

The US Bureau of Ocean Energy Management (BOEM) has issued a Draft Environmental Impact Statement (DEIS) for the SouthCoast Wind project offshore Massachusetts, the 2.4 GW offshore wind project formerly known as Mayflower Wind, developed by a joint venture between Shell and Ocean Winds. BOEM will open a 45-day public comment period for the DEIS... Continue Reading →

February 15, 2023 0

APA’s Suriname Sapakara South-2 Well Encounters 118ft of Net Oil Pay

APA Corporation APA has successfully drilled and flow-tested the Sapakara South-2 (SPS-2) appraisal well, the second appraisal well to test the previously announced discovery in the area. The well is located about 4.6 kilometers south of the Sapakara South-1 (SPS-1) appraisal well. It has encountered approximately 118 feet of high-quality net oil pay in the Campano-Maastrichtian... Continue Reading →

February 15, 2023 0

BP Acquires Majority Stake in Deep Wind Offshore’s S. Korean Offshore Wind Portfolio

Oil major BP has formed an offshore wind joint venture with Norway's Deep Wind Offshore to develop offshore wind farms in South Korea. As part of the deal agreement, BP has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which includes four projects across the Korean peninsula with a potential generating capacity of... Continue Reading →

February 15, 2023 0

Aker Solutions’ Brazilian arm becomes a victim of cyber attack

Norway’s offshore engineering contractor Aker Solutions has revealed that its subsidiary CSE in Brazil was subjected to a cyber attack, which impacted its IT systems. While confirming the cyber-attack late on Tuesday, 14 February 2023, Aker Solutions said it was working to contain and neutralise the attack. However, the firm underlined that it was not... Continue Reading →

February 15, 2023 0

Guyana to Complete New Oil Contract Model by Q2 as Offshore Auction Looms

(Reuters) Guyana expects to finalize a new oil production-sharing agreement model on time for an auction that will collect bids through mid-April, the country's vice president told an energy conference on Tuesday. The South American country has emerged as one of the hottest offshore areas in decades with as much as 25 billion barrels of... Continue Reading →

February 15, 2023 0

Petrobras on the Permanent Seismic Monitoring System

Petróleo Brasileiro S.A. – Petrobras informs that it has signed a contract with the consortium formed by Alcatel Submarine Networks and Maersk for the construction and installation of the Permanent Seismic Monitoring System (PSMS) in the Mero field, in the Santos Basin. The Mero PSMS project has unprecedented features in Brazil and incorporates state-of-the-art 4D... Continue Reading →

February 15, 2023 0

Equinor CFO defends loss-making renewables business

(U) Norwegian oil and gas major Equinor has defended the strategy driving its renewables business division and said performance will improve as assets become operational. Equinor this week joined its energy peers in reporting stellar profits for 2022 and returning more capital to shareholders, with a record $74.9 billion in adjusted operating profits booked last... Continue Reading →

February 14, 2023 0

Brazil’s Campos Neto: not the time for experiments, but to improve credibility

(Reuters) - Brazilian central bank governor Roberto Campos Neto said on Tuesday the country is not at a moment when "it would be good to experiment" on monetary policy, reinforcing that raising the inflation target would not give policymakers flexibility. Speaking at an event hosted by BTG Pactual, he reiterated that the tool of monetary policy is... Continue Reading →

February 14, 2023 0

Equinor starts offshore installation campaign in the Bacalhau field

(TN) Equinor has started the offshore installation campaign in the Bacalhau field, located in the Santos Basin. The work is performed under an integrated EPCI (Engineering, Procurement, Construction and Installation) contract with SIA - Subsea Integration Alliance, an alliance between OneSubsea® and Subsea7. Seven Pacific, Subsea7's construction/flex-lay vessel, capable of operating at depths of up... Continue Reading →

February 14, 2023 0

Brazil Energy Insight

Low-carbon wind farm integrity monitoring solution gets financial push

Shell and Ocean Winds’ US Offshore Wind Project Clears First Federal Permitting Step

APA’s Suriname Sapakara South-2 Well Encounters 118ft of Net Oil Pay

BP Acquires Majority Stake in Deep Wind Offshore’s S. Korean Offshore Wind Portfolio

Aker Solutions’ Brazilian arm becomes a victim of cyber attack

Guyana to Complete New Oil Contract Model by Q2 as Offshore Auction Looms

Petrobras on the Permanent Seismic Monitoring System

Equinor CFO defends loss-making renewables business

Brazil’s Campos Neto: not the time for experiments, but to improve credibility

Equinor starts offshore installation campaign in the Bacalhau field

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