Brought to you by Quest Offshore & Southern Cone Consultants
Sept. 14 (oilprice.com) Argentina’s state-controlled energy company YPF is close to signing several LNG sales agreements for its planned Argentina LNG project as it races toward a final investment decision later this year. YPF CEO Horacio Marín said at the Gastech conference in Bangkok that the company expects to sign two or three LNG contracts... Continue Reading →
Sept. 15 (OE) MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit. The companies completed the Technology Feasibility and Concept Verification stage of... Continue Reading →
Sept. 14 - Petrobras has signed a long-term Liquefied Natural Gas (LNG) sale and purchase agreement with Sempra Infrastructure, a U.S. company and subsidiary of Sempra (NYSE: SRE). The agreement, signed at the end of August, provides for Petrobras to purchase 0.8 million tonnes per annum (mtpa) of LNG for a period of 20 years,... Continue Reading →
Sept. 14 (OE) Petrobras has awarded Strohm a contract to supply thermoplastic composite pipes for water injection and gas lift applications in Brazil's deepwater post-salt cluster, with the technology to be tested in water depths of up to 1,500 metres. The contract with Strohm and its subsidiary Strohm Brasil also covers qualification testing, project engineering,... Continue Reading →
Sept. 14 (offshoreWIND.biz) X1 Wind has closed a fourth strategic funding round as the Spanish floating wind technology developer prepares to deploy its X100 platform at the PlemCat test site off Catalonia. The round was led by Grow Ventures, which will hold around 8 per cent of X1 Wind’s share capital, while Catalan investment company... Continue Reading →
Sept. 14 (OE) Saipem has been awarded a contract worth about $350 million for subsea work on Azule Energy's West Hub Tails oil project offshore Angola, part of the wider Agogo Integrated West Hub Development. The project is located about 180 kilometers offshore Angola in water depths of up to 1,750 meters. Under the contract... Continue Reading →
Sept. 13 (agencuainfra.com) Petrobras is expected to approve the proposal submitted by the Malaysian builder and operator Yinson for the Albacora FPSO (P-88), a Petrobras project in the Campos Basin. Sources at the state-owned company told Agência iNFRA that, despite concerns raised privately by competitors, the project design complies with the requirements. Companies that participated... Continue Reading →
Sept. 13 (agenciainfra.com) Lourenço Fróes, coordinator of Petrobras’ New FPSO Program (Profort), indicated on Friday (11) that the state-owned company is considering renewing the operating contracts for the FPSOs (Floating Production, Storage, and Offloading units) in the Seap (Sergipe Deepwater) project with the builder and operator SBM Offshore. Currently, the contracts run for six and... Continue Reading →
Sept. 11 (splash247.com) Sumitomo Heavy Industries and Albatross Technology have formed a capital and business alliance to speed up the development of floating axis wind turbines (FAWTs), with the partners preparing to move from small-scale testing to a 2MW-class offshore demonstrator. The cooperation will cover turbine design, production, installation, and maintenance, and the partners will... Continue Reading →
Sept. 11 (OE) Eni Ghana and Vitol have signed two memoranda of understanding (MoUs) with Ghana's government covering two offshore blocks in the Tano Basin, paving the way for the parties to finalize petroleum agreements. The MoUs cover blocks GH WB 3 and GH WB 8, which span about 2,100 square kilometers in water depths... Continue Reading →
Brazil Energy Insight 