First-ever 20,000 psi deepwater well control system used in recent drillships build

(WO) A recent ultra-deepwater giant drillships build resulted in two drillships that have the first-ever 20,000 psi well control system equipped with two 20,000 psi blowout preventers. Reel Power Marine & Energy contributed to this project with their patented innovative depth compensated accumulators (DCBs) that reduce subsea equipment weights, lower maintenance requirements and improve equipment... Continue Reading →

August 24, 2022 0

Exclusive: Pemex fined for failures at top oil field leading to flaring, faces another fine

(Reuters) - Mexico's hydrocarbon regulator has fined state oil company Petroleos Mexicanos (Pemex) for development violations at one of its most important fields that has led to excessive flaring of natural gas, and is preparing another fine for a similar field, according to three sources briefed on the matter. Pressure is mounting on Pemex to... Continue Reading →

August 23, 2022 0

Trinidad and Tobago govt OKs Searcher’s 3D acquisition project

Searcher Seismic has received approval from the Government of the Republic of Trinidad and Tobago for the Tobago Trough multi-client 3D acquisition project. The acquisition is planned as a 6,500 km² wide-tow long streamer acquisition and processed through to Pre Stack Depth Migration. It will commence as soon as an environmental impact assessment (EIA) is... Continue Reading →

August 23, 2022 0

Offshore Wind: Boskalis Orders Cable Lay Spread from Royal IHC

Dutch maritime equipment and technology firm Royal IHC has won a contract from its compatriot Boskalis for the delivery of an advanced modular cable lay spread (MCLS) for offshore wind applications. The cable lay system will be used for the installation of inter-array power cables and its cable protection system (CPS) in offshore wind farms.... Continue Reading →

August 23, 2022 0

Repurposed jack-up rig sets sail for Gabon oil project

Oslo-listed oil and gas E&P company BW Energy has revealed that a former jack-up rig, which was converted to an offshore production unit, is on its way to Gabon where it will be installed at the firm’s offshore development project, which is on track for the first oil at the start of next year in line... Continue Reading →

August 23, 2022 0

TotalEnergies and SSE Renewables Bring Online Scotland’s Largest Offshore Wind Farm

(Reuters) TotalEnergies and partner SSE Renewables on Tuesday announced the first power generation from their Seagreen wind farm off the coast of Angus in Scotland. The $4.3 billion Seagreen project will be Scotland's largest offshore wind farm and the world's deepest fixed-bottom wind farm, said French company TotalEnergies, which is trying to move more into... Continue Reading →

August 23, 2022 0

APA Strikes Oil in Block 53 Offshore Suriname

Oil and gas company APA Corporation on Tuesday said it had discovered oil at Baja-1 well in Block 53, offshore Suriname, using the Noble Gerry de Souza drillship. Baja-1 was drilled to a depth of 5,290 meters (17,356 feet) and encountered 34 meters (112 feet) of net oil pay in a single interval within the... Continue Reading →

August 23, 2022 0

U.S. court upholds Conoco’s $8.7 bln award for loss of Venezuela assets

(Reuters) - A U.S. court upheld a tribunal's $8.75 billion award to U.S. oil producer ConocoPhillips over the expropriation of its Venezuelan oil assets, granting a default judgment in the case on Friday. The decision gives the U.S. company new authority to collect on a 2019 award by a World Bank tribunal. The award includes... Continue Reading →

August 22, 2022 0

New rig developed by Huisman can be powered by floating wind

Dutch company Huisman, a provider of design and manufacture of heavy construction equipment, has developed a harsh environment semi-submersible drilling rig design, which can be powered with onshore-produced hydroelectricity but also with floating wind turbines. Announcing the new design on Monday, Huisman explained that it was developed with an aim of making the extraction of... Continue Reading →

August 22, 2022 0

Broker Marsh launches world first insurance for hydrogen projects

(Reuters) - Broker Marsh, a unit of Marsh & McLennan (MMC.N), said on Monday it was launching the world's first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change. As the world targets net-zero emissions by mid-century in an effort to cap global warming,... Continue Reading →

August 22, 2022 0

Brazil Energy Insight

First-ever 20,000 psi deepwater well control system used in recent drillships build

Exclusive: Pemex fined for failures at top oil field leading to flaring, faces another fine

Trinidad and Tobago govt OKs Searcher’s 3D acquisition project

Offshore Wind: Boskalis Orders Cable Lay Spread from Royal IHC

Repurposed jack-up rig sets sail for Gabon oil project

TotalEnergies and SSE Renewables Bring Online Scotland’s Largest Offshore Wind Farm

APA Strikes Oil in Block 53 Offshore Suriname

U.S. court upholds Conoco’s $8.7 bln award for loss of Venezuela assets

New rig developed by Huisman can be powered by floating wind

Broker Marsh launches world first insurance for hydrogen projects

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