Petrobras has tucked a new carbon dioxide (CO2) reinjection milestone in the Santos Basin pre-salt layer under its belt, thanks to 22 floating production, storage, and offloading (FPSO) vessels capturing and reinjecting CO2 off the coast of Brazil. The post 22 FPSOs in Brazil’s pre-salt enable Petrobras to break C02 reinjection record appeared first on Offshore Energy.

Norwegian state-owned energy firm Equinor has awarded Sola-based IKM Group with a contract for […] The post IKM Group to employ up to 70 persons as part of contract for Norway’s PRSI Pool appeared first on Offshore Energy.

Brazilian drilling contractor Constellation Oil Services Holding has won a new contract with compatriot state-owned energy giant Petrobras for a jackup drilling rig owned by ADES Holding, part of Saudi Arabia-headquartered ADES Group, which will be used for plug and abandonment (P&A) assignments offshore Brazil. The post Constellation-operated jackup lands long-term gig with Petrobras appeared first on Offshore Energy.

With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the ongoing economic challenges and energy market headwinds and tailwinds, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has outlined in its new report the roadmap that will enable Britain not only to meet the power demand with energy produced at home but also inject hundreds of billions into its economy by allowing oil and gas to thrive alongside low-carbon and clean alternatives in its energy toolbox. The post $452 billion shot in UK economy’s arm on the table with oil & gas and other homegrown energy appeared first on Offshore Energy.

Singapore and India have signed a letter of intent (LoI) to collaborate on maritime digitalization and decarbonization projects, including identifying relevant stakeholders who could contribute to the effort and work towards formalizing the partnership through a memorandum of understanding (MoU) on a green and digital shipping corridor (GDSC). The post Singapore and India eye green and digital shipping corridor appeared first on Offshore Energy.

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has made what it says is a major oilfield discovery in the deep and ultra-deep South China Sea plays. The post Chinese major makes ‘hundred-million-ton’ oil discovery in South China Sea appeared first on Offshore Energy.

Norway-headquartered offshore drilling contractor Dolphin Drilling has promoted its interim Chief Executive Officer (CEO) to a permanent role and appointed a new Chief Executive Officer (CFO). The post Dolphin Drilling gets new CFO as interim CEO is promoted to permanent position appeared first on Offshore Energy.

Marseille-headquartered shipping giant CMA CGM and Swedish-Swiss technology company ABB have teamed up to […] The post CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm appeared first on Offshore Energy.

The Maritime and Port Authority of Singapore (MPA) and Finland’s technology major Wärtsilä have renewed their partnership to accelerate maritime decarbonization and digitalization. The post MPA Singapore and Wärtsilä renew maritime decarbonization partnership appeared first on Offshore Energy.

PV Gas, a subsidiary of Vietnam Oil and Gas Group (Petrovietnam), and Malaysia’s state-owned energy player Petronas have expanded their liquefied natural gas (LNG) collaboration. The post Petronas kicking off LNG exports to Vietnam next month appeared first on Offshore Energy.