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(OE) Offshore construction company Havfram Subsea said Thursday it was taking back its Ocean Installer name. The company's subsea business was known as Ocean Installer from the company's inception in 2011, with the 2020 name change reflecting its diversification into the offshore wind industry. The relaunch follows last year's announcement of the sale of Havfram's wind business lines. ... Continue Reading →
(epbr) Galp buys a cargo of 500,000 barrels of Union oil, originating from the production sharing contract for the Atapu field, in the pre-salt layer. Pre-Sal Petróleo S.A. (PPSA) reported that the sale should generate revenues of BRL 210 million for the National Treasury when the shipment is available in two months. The Portuguese oil... Continue Reading →
(epbr) Perenco announced this Wednesday the departure of the FSO Pargo platform from a shipyard in Dubai, in the United Arab Emirates, heading to the Pargo field, in shallow waters in the Campos Basin. The unit is part of the concession's production recovery project, which foresees investments of US$ 400 million and promises to increase... Continue Reading →
Oil and gas company Ocyan announces the arrival in Brazil of the Solstad vessel, the "Normand Cutter", which under its management will carry out the decommissioning activities of Petrobras' underwater structures in the Campos Basin (Rio de Janeiro) and Sergipe- Alagoas, in a contract won last year. “This is the first decommissioning contract for offshore... Continue Reading →
(OE) Danish offshore wind farm developer Ørsted has agreed to buy Public Service Enterprise Group’s (PSEG) 25 percent stake in Ocean Wind 1, a 1,1 GW offshore wind project located 15 miles off the coast of southern New Jersey. The acquisition gives Ørsted complete ownership of Ocean Wind 1. The transaction between Ørsted and PSEG... Continue Reading →
(Reuters) Guyana's upcoming bidding round for offshore areas has caught the interest of top energy companies from Asia to Europe, according to people familiar with the matter, even as the government continues to work out terms for the auction. The South American country wants to quickly expand its oil industry and recruit developers to counterbalance an Exxon... Continue Reading →
(Reuters) - Brazilian chemical maker Unigel said on Wednesday it will invest up to $1.5 billion in its complex in the state of Bahia to produce so-called green hydrogen, the first in the country to do so on an industrial scale. The plant, located in the city of Camaçari, should have the first of three... Continue Reading →
Maritime Developments (MDL) has delivered a bespoke aft recovery system for multiple Subsea 7 vessels operating in deep water. The assembly consists of a chute, a removal device for buoyancy, and a horizontal hang-off system. According to MDL, the complete system will be mountable in different locations on the stern of the vessels, to facilitate... Continue Reading →
(OET) Chinese shipyard Wison Heavy Industry has officially started the construction of a 2.4 million tonnes per year (mtpa) floating liquefied natural gas (FLNG) unit ordered by Italian oil and gas company Eni. The construction began on 17 December with over 200 people attending the opening ceremony, Wison said. At the end of 2022, Eni... Continue Reading →
Swift Anchors, a UK-based company that develops anchoring solutions for the global offshore energy (floating wind, floating solar, tidal and wave) and aquaculture industries, is looking for new engineers to join its team. The company said that the need to has been spurred by its current work program and a growing commercial interest in its... Continue Reading →
Brazil Energy Insight 