Optimization News

 

Petro+ to Buy Petrobras' Alagoas Cluster Fields for $300M

Jul 06, 2021

Brazilian oil firm Petrobras has struck a deal with compatriot company Petro+ to sell it its stake in a set of seven onshore and shallow water concessions denominated Alagoas Cluster, located in the state of Alagoas, Brazil for $300 million…

BOSS' Ocean Bottom Seismic Robotic Vehicle Prototype Passes Sea Trials

May 11, 2021

Blue Ocean Seismic Services (BOSS), the company developing autonomous subsea vehicles for seismic survey applications, said Tuesday it had completed sea trials navigating a test prototype version of its underwater vehicle autonomously underwater…

Petrobras Sells Stake in Peroá Cluster

Feb 02, 2021

Brazilian oil giant Petrobras has agreed to sell its share in Peroá Cluster to companies OP Energia and DBO Energia for up to $55 million.Petrobras will sell its interests in the mature gas fields Peroá and Cangoá, and in the concession BM-ES-21 containing the Malombe Discovery…

McDermott Nets pre-FEED Extension for BHP's Trion Floater

Dec 10, 2020

Australian oil and gas firm BHP has awarded a contract to McDermott to carry out the preliminary Front-End Engineering Design (preFEED) extension phase for a Floating Production Unit (FPU) that could be installed at its Trion field offshore Mexico…

SATH Floating Wind Concept Gets EC Funding Infusion

Nov 25, 2020

Saitec Engineering won $2.9m funding by the European Commission 'Blue Economy Window' call, funding that will help to further develop its Offshore Floating Wind energy concept.Funding for the SATHScale project will allow to address the challenge…

Petrobras Launches Binding Phase for Ceará Cluster Fields Sale

Nov 04, 2020

Brazilian oil firm Petrobras has announced the start of the binding phase for the sale of its ownership in shallow-water fields in the Ceará Cluster, located in the state of Ceará, Brazil.The fields comprising the Ceara Cluster are Tuna, Curimã…

PTTEP Taps Halliburton for Offshore Production Optimization Services

Aug 19, 2020

Oilfield services firm Halliburton will design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP's offshore oil fields.Halliburton said Tuesday that it had won a contract to deliver…

Petrobras Selling Stake in Santos Basin Block

Aug 12, 2020

Brazilian oil company Petrobras is looking to sell at least half of its stake in a 698 square-kilometer pre-salt block in the Santos Basin offshore Brazil.Petrobras launched a teaser on Monday for the sale of 50% to 100% of its stake in the concession name BM-S-51…

Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells

Jul 09, 2020

Oilfield services giants Halliburton and TechnipFMC have jointly introduced Odassea, described as the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic…

Black & Veatch Helping Orbital Reduce Floating Tidal Turbine Costs

Jul 07, 2020

Floating tidal stream turbine developer Orbital Marine Power has appointed Black & Veatch as Lead Engineering Partner to support technology optimization and cost reduction engineering under the company’s €5m R&D program.Supported by the INTERREG France (Channel) England TIGER project…

Petrobras: Binding Phase Starts for Papa-Terra Field Sale

Apr 20, 2020

Brazilian oil company Petrobras has started the binding phase for the sale of its share in the Papa-Terra field located in the deepwater area in the Campos Basin, offshore Brazil.The binding phase starts following a teaser for the sale Petrobras had announced back in February…

Greek Forges Floating Alliance

Mar 01, 2020

The provider of ship drydocking, repair and refit services in Greece Chalkis Shipyards S.A. has formed a collaboration with National Technical University of Athens (NTUA), the Hellenic Center for Marine Research (HCMR).The “WIndfloat.gr – Innovative…

Ex-Bureau Veritas Man Joins Lloyd's Register

Feb 21, 2020

On the back of several major consultancy and maintenance optimization contracts wins in offshore and onshore oil and gas exploration space, Lloyds Register has appointed Yvo Yansen as Global Business Development Director for Energy business…

Germany Develops Offshore Grid Simulator

Feb 18, 2020

Germany has got a research project underway that is seeking to improve the integration of offshore wind farms into the grid.German research institute Fraunhofer IWES is developing a mobile grid simulator that will allow the testing and optimization…

Offshore Wind: The Domino Effect

Jan 23, 2020

Matt Tremblay, SVP, Global Offshore, ABS, discusses the next hot growth market ... offshore wind. While the market grows, the question begs: Is the U.S. marine industry ready to meet demand?The American Bureau of Shipping convened a conference to discuss the pace and direction of the U…

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