Brought to you by Quest Offshore & Southern Cone Consultants
Nov 3 (Reuters) - Horacio Marin, CEO of Argentinian energy company YPF, said on Tuesday that offtake contracts for the Argentina LNG project it is building with the UAE's XRG and Italy's Eni were in the process of being signed in Europe and Asia. Marin said construction of the planned 12 million metric ton a... Continue Reading →
Nov. 3 (splash247.com) Norwegian floater specialist BW Offshore is planning to deploy two of the world’s largest floating wind turbines on its BW Ideol foundations after its Fram Wind Solutions joint venture secured NOK1.94bn ($210m) in state funding support. The 37 MW project will feature two 18.5MW turbines installed on BW Ideol’s patented Damping Pool... Continue Reading →
Nov. 2 (OE) Dominion Energy's 2.6 GW Coastal Virginia Offshore Wind (CVOW) project has reached approximately 85% overall completion, with 44 of its planned 176 wind turbines installed and work on the 45th underway. The latest milestone marks an increase from 81% overall completion reported at the end of July, when 31 turbines had been... Continue Reading →
Oct 30 (Reuters) - President Donald Trump called it the biggest oil deal in history: 17 Venezuelan oilfields holding some 64 billion barrels of reserves, handed to a single company. Delivering on it falls to North American Blue Energy Partners, a little-known firm led by Venezuelan businessman Alejandro Betancourt, who was until recently a target... Continue Reading →
Nov. 2 (splash) Offshore vessel operator Oceanity, formerly known as CMM Offshore, has secured a four-year charter contract with Brazilian state-controlled oil major Petrobras for its fast oil spill response vessel CMM Purity.Oceanity subsidiary, CMM Offshore Brasil, signed the contract, which covers deploying the specialised vessel to support Petrobras’ offshore operations. The financial terms, commencement... Continue Reading →
Oct. 30 (Reuters Editorial) The surprise re-election of President Luiz Inacio Lula da Silva in Brazil this week rattled financial markets - and the Trump Administration - but it was celebrated both inside and outside of Brazil as a huge win in the battle against deforestation and the global push for more sustainable food systems.... Continue Reading →
Oct. 30 (OE) Offshore drilling contractor Noble Corporation has secured approximately $560 million in new rig contracts across Africa, South America and Norway since its July fleet status report, bringing its contracted backlog to $6.7 billion. The awards span six drilling rigs and include exploration, development drilling, plug and abandonment (P&A) and light well intervention... Continue Reading →
Oct. 30 (OE) Seatrium has secured a floating production, storage and offloading (FPSO) vessel integration contract worth over $155 million (S$200) million from SBM Offshore for offshore developments in South America. The contract covers the fabrication of key mooring and riser support structures, a flare tower and associated topside support structures, as well as vessel... Continue Reading →
Oct 30 (Reuters) - US oil majors ExxonMobil and Chevron both beat analyst expectations for quarterly profit on Friday, as soaring refining margins increased earnings from their fuel-making businesses – which typically have smaller profits – to rival the upstream segments. The US-Israeli war with Iran and the conflict between Russia and Ukraine have disrupted... Continue Reading →
Oct. 29 - Petrobras informs that it has identified another oil-bearing interval in the Morpho well, which constitutes the third discovery in block FZA-M-59, located in ultra-deep waters off the coast of the state of Amapá, at a water depth of 2,886 meters.The continued evaluation of other intervals of interest, following the discoveries announced in... Continue Reading →
