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(Portos e Navios) About one in four tankers is approaching retirement age. The information is from the UK tanker broker Gibson, who estimates between 20% and 30% the portion of tankers over 15 years old — approaching the retirement age in the coming years. The number may reflect the formulation of new green regulations by... Continue Reading →
Offshore installation services provider Subsea 7 said Tuesday that its Chief Executive Office Ricardo Rosa would retire from his position at the end of December 2021. He will be succeeded from January 1, 2022, by Mark Foley. Foley joins Subsea 7 from Petrofac where he held the position of Group Financial Controller and SVP Finance... Continue Reading →
The independent oil company 3R announced (13) that it reached the highest gross production measured in the fields of Macau, in the Potiguar basin (RN). In addition, the company also recorded the highest oil production measured by flow meters at its metering stations in such concessions. However, this increase in volume was not reflected in... Continue Reading →
(Rigzone) The United States rig count is almost double where it was this time last year, according to Baker Hughes’ latest rotary rig count, which was released on September 10. Total U.S. rig figures stood at 503 in the new count, up by six week on week and by 249 year on year, Baker Hughes’... Continue Reading →
TGS has started a new 2D seismic survey in the Mauritania-Senegal-Gambia-Bissau-Conakry (MSGBC) Basin offshore Mauritania. The survey adds to the North-West Africa Atlantic Margin (NWAAM) 2D campaign, the seismic company said. The NWAAM 2021 survey will comprise 7,500 kilometers of seismic data, with a modern broadband acquisition setup. The vessel BGP Pioneer will undertake the survey that... Continue Reading →
(Reuters) - BP (BP.L) named Anja-Isabel Dotzenrath, a former chief executive of RWE Renewables, to oversee the British company's rapid expansion into renewable energy following the unexpected departure of BP's head of low carbon and natural gas Dev Sanyal. Dotzenrath's appointment comes at a time when BP, under the leadership of CEO Bernard Looney, seeks to rapidly... Continue Reading →
(Reuters) - Chevron Corp (CVX.N) said on Tuesday it has tripled its low-carbon investment to $10 billion through 2028, as global oil companies rush to shift away from the fossil fuel due to the mounting pressure from investors and environmentalists. "With the anticipated strong cash generation of our base business, we expect to grow our dividend, buy... Continue Reading →
Brazil’s offshore vessel operator CBO has closed the acquisition of compatriot player Finarge Apoio Maritimo, taking over five AHTS vessels in the transaction. Finarge is a Brazilian shipping company founded in 2008 as a subsidiary of the Italian company Finarge SRL, which was established in 1981 by the Italian company Rimorchiatori Riuniti S.p.A. Finarge is... Continue Reading →
SBM Offshore's Liza Unity FPSO, which last week set sail from Singapore en route to Guyana, has been awarded the SUSTAIN-1 notation by classification society ABS – the first FPSO in the world to receive it. According to ABS, the SUSTAIN-1 notation demonstrates the vessel’s alignment with key elements of the Environmental, Social, and Governance... Continue Reading →
Petrobras, the Government of the State of Rio de Janeiro, the city of Itaboraí and the Federation of Industries of Rio de Janeiro (Firjan) signed a protocol of intentions for the industrial development of the surrounding region of Polo GasLub, in Itaboraí (ex Comperj) The purpose of the protocol is to create conditions for the... Continue Reading →
Brazil Energy Insight 