TGS, Cognizant to roll out data ecosystem for renewable energy players

Norwegian seismic player TGS and American IT services company Cognizant have expanded their partnership to build a digital platform for delivering comprehensive data to energy companies. As described, the SaaS-based New Energy Solutions (NES) ecosystem will focus on bringing comprehensive data and insights to energy companies across five segments: carbon storage, geothermal, deep-sea minerals, wind... Continue Reading →

CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says

Fortune Business Insights, a market research company, expects the carbon capture and storage (CCS) market to grow to $7 billion by 2028 aided by rising investments in developing new alternatives for curbing the carbon footprint and achieving the energy transition goals and net-zero targets. The company expects the market to exhibit a CAGR of 19.5 per... Continue Reading →

Solstad Awarded AHTS Contract in Brazil

Norwegian offshore vessel operator Solstad Offshore ASA announced on Monday it has been awarded a new contract with Petróleo Brasileiro S.A. (Petrobras) for the 80.4-meter anchor handling tug supply vessel (AHTS) BOS Turquesa. The contract is three years firm, with options thereafter, for supporting exploration and production activities in Brazilian continental shelf. The 2007-built anchor... Continue Reading →

Sembcorp Marine’s Brazilian shipyard faces arbitration over allegations of breach and payment claims

The article has been amended on 28 December 2021, correcting the parts identifying Jurong Shipyard as “Brazilian wholly-owned subsidiary” to “wholly-owned subsidiary, Jurong Shipyard.“ (OM) Singapore-based offshore builder Sembcorp Marine has informed that its wholly-owned subsidiary, Jurong Shipyard, is facing arbitration under four separate contracts due to allegations of a breach of contract and payment claims... Continue Reading →

Nauticus’ sea robots go public with SPAC merger

Nauticus Robotics, a Houston-based developer of cloud-based surface and subsea robots, and CleanTech Acquisition Corp. (CLAQ), a publicly-traded special purpose acquisition company (SPAC), have entered into a definitive business combination agreement that will result in Nauticus becoming a publicly listed company. The transaction, expected to close in the first half of 2022, has been approved... Continue Reading →

Petrobras on relevant shareholding position

Petróleo Brasileiro SA – Petrobras, in compliance with Article 12 of CVM Resolution No. 44, of 08/23/2021, informs that it was communicated by Goldman Sachs & Co. LLC, a subsidiary of The Goldman Sachs Group, Inc., by Goldman Sachs International, and other subsidiaries of The Goldman Sachs Group, Inc., namely Goldman Sachs do Brasil Banco... Continue Reading →

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