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Norway’s government agency responsible for the regulation of petroleum resources believes that the country’s gas can enable Europe to achieve its energy transition goals. To make this happen, investments in unlocking new oil and gas resources and improving the recovery from existing ones are important to limit the production decline and maintain the country’s role... Continue Reading →
(Reuters) Wind turbines, floating solar panels, and green hydrogen at sea are among the projects under construction off the Dutch coast, as a country famed for its water engineering prowess builds out its renewable energy infrastructure. On a tour of North Sea facilities on Aug. 25, companies and Dutch utilities showed off key projects. At... Continue Reading →
Subsea services firm Oceaneering International said Wednesday that Benjamin M. Laura, who currently serves as Oceaneering’s Senior Vice President, Offshore Projects Group, has been promoted to Senior Vice President and Chief Innovation Officer (“CIO”), effective October 1, 2022. He joined Oceaneering in 2014 as Director of Subsea Services, was appointed as Vice President of Service,... Continue Reading →
– In compliance with the terms of the Resolution No. 44, of August 23, 2021, as amended, issued by the Brazilian Securities and Exchange Commission (“CVM Resolution 44” and “CVM”, respectively) and Instruction No. 476, of January 16, 2009, as amended, issued by the CVM (“CVM Instruction 476”), and in addition to the Material Fact... Continue Reading →
Offshore wind developer SSE Renewables said Thursday that its new offshore wind farm project in Scotland would be named after "a historic series of books that depict the epic quests of a third-century Scottish leader, following his adventures across rolling seas." Ossian (pronounced ‘os-si-un’) from The Poems of Ossian is to be the name for... Continue Reading →
Oil major Shell has booked a semi-submersible drilling rig for its operations in Namibia, where it recently struck a major offshore oil discovery. Offshore rig owner Northern Ocean said Thursday that Shell Upstream Namibia B.V., a subsidiary of Shell, had awarded it a contract for the Deepsea Bollsta semi-submersible drilling rig. The contract for the... Continue Reading →
(Reuters) - A Peruvian judge on Tuesday admitted a $4.5 billion lawsuit against Spanish oil firm Repsol SA (REP.MC), eight months after an underwater oil pipeline owned by the company caused a spill of over 10,000 barrels into the Pacific Ocean. The civil lawsuit seeking $3 billion for environmental damage and $1.5 billion for damages to... Continue Reading →
An increase in demand for oil and gas has hailed the resumption of projects to deliver more FPSO vessels. Recent announcements have included the first round of tenders for equipment destined for the Parque das Baleias (Whale Park) FPSO, a process that has seen the water injection pumps being awarded to Sulzer. Due to be located 77 km... Continue Reading →
The FPSO Carioca, in the Sépia field in the pre-salt layer of the Santos Basin, completed one year of operation. During this period, the platform vessel reached an accumulated production of around 39 million barrels of oil (operated production). It is currently the largest platform in Brazil in terms of complexity and production, with around... Continue Reading →
(PN) Amid rumors indicating that PRIO (PetroRio) was acquiring Dommo, the two companies provided clarification on the possible operation to the Securities and Exchange Commission. In short, the companies confirmed that they are evaluating a strategic operation, with the possible purchase and sale of assets. However, there is still no binding document or decision on... Continue Reading →
