Sept. 25 (TN) Porto do Açu and OceanPact signed a Letter of Intent (LOI) to expand the area occupied by the company at the port-industrial complex in São João da Barra (RJ). The agreement aims to expand OceanPact's operational capacity and strengthen infrastructure supporting the region's oil and gas supply chain. The agreement provides for... Continue Reading →
US Senate inches closer to US infrastructure permitting reform bill
Sept 24 (Reuters) - The US Senate is nearing a deal to reform laws to speed up permitting of large infrastructure projects after the White House compromised on how renewable energy is treated, though a vote is uncertain before the midterm elections, a top Senate Democrat said on Thursday. Senators Sheldon Whitehouse, the top Democrat... Continue Reading →
Envision Energy Launches 16.7 MW Offshore Wind Turbine For High-Wind Markets
Sept. 25 ( saurenergy.com) Envision Energy has launched its EN-252/16.7 offshore wind turbine, a 16.7 MW machine designed for high-wind environments and international offshore wind markets. The turbine is based on Envision's Model Z platform, which has been operational since 2023. The company said the new turbine combines a high-performance rotor with an integrated powertrain,... Continue Reading →
BP eyes Devon Energy asset amid renewed US M&A ambitions, sources say
Sept 24 (Reuters) - BP is weighing a potential acquisition of Devon Energy's operations in South Texas as part of renewed efforts by the British supermajor to grow its shale asset base in the US, people familiar with the matter said. After years of prioritizing investments in renewable energy and leadership churn that included five... Continue Reading →
TotalEnergies board backs CEO Pouyanne’s mandate renewal
Sept 25 (Reuters) - TotalEnergies said on Friday its board unanimously backed the renewal of Chairman and CEO Patrick Pouyanne's mandate and reaffirmed the relevance of the energy major's strategy ahead of its investor update scheduled for Monday. In May, investors had overwhelmingly approved lifting the age limits for its chair and CEO roles, paving... Continue Reading →
Colombia’s Ecopetrol taps presidential ally as CEO
Sept 24 (Reuters) - Colombia's state-controlled oil company Ecopetrol tapped businessman Joaquin Gutierrez as chief executive, the company said on Thursday, giving one of the country's most important corporate jobs to a close presidential ally with no known background in the energy sector. Gutierrez, a former campaign manager for President Abelardo De La Espriella with... Continue Reading →
Petrobras Envisages Platform for Mãe de Ouro Field in Potiguar Basin
Sept. 24 - Petrobras plans to install a production platform at the Mãe de Ouro field—which has not yet been drilled—in the Potiguar Basin, should the discovery's potential be confirmed, stated Petrobras CEO Magda Chambriard. Ibama authorized offshore drilling for this block and three others in March of this year. "If this discovery plays out... Continue Reading →
Shell, Trinidad’s NGC agree on Aphrodite gas supply terms, clearing way for project
Sept 23 (Reuters) - British energy major Shell and Trinidad and Tobago's National Gas Company have agreed terms for natural gas supplies from Shell's Aphrodite field, ending a pricing dispute that had delayed the project, NGC Chairman Gerald Ramdeen told Reuters on Wednesday. The agreement clears the way for development of the offshore field, with... Continue Reading →
Brazil’s Petrobras may include Colombia gas project in 2027-2031 plan, exec says
Sept 23 (Reuters) - Brazil's state-run oil firm Petrobras may include the Sirius offshore gas project in Colombia as part of the production curve to be unveiled in its 2027-2031 business plan later this year, a company executive said on Wednesday. "I think it should appear (in the business plan) if we get the environmental... Continue Reading →
Petrobras Enters Commercial Negotiations with Yinson for Albacora FPSO
Sept. 23- Petrobras has entered the commercial negotiation phase with the Malaysian builder and operator Yinson regarding the Albacora FPSO (P-88)—a project led by the state-owned company in the Campos Basin. The proposal was deemed valid by the company's technical team, and Petrobras will now negotiate for "better terms." Yinson submitted the lowest price in... Continue Reading →