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(Reuters) Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation's mines and energy minister said on Friday. Both companies announced earlier this year that they had made "significant" discoveries offshore Namibia, and are currently making assessments. The companies did not detail the... Continue Reading →
(PN) The Chinese shipyard Dalian Shipbuilding Industry Offshore (DSIC) held the delivery ceremony for the FPSO Anita Garibaldi, which will be installed in the Marlim field, in the Campos Basin. The platform ship was delivered to Japan's Modec, which will charter the unit to Petrobras for 25 years. The platform ship is expected to arrive... Continue Reading →
(PN) News in the preparations for the first round of the Permanent Sharing Offer, which will auction off pre-salt blocks. The National Petroleum Agency (ANP) approved the registration of five more companies: Equinor, Ecopetrol, Qatar Energy, Sinopec and Petrogal. The information is contained in a statement published) in the Official Gazette. Previously, the ANP had... Continue Reading →
Scana-owned PSW Technology has secured a contract with offshore drilling contractor Odfjell Drilling for the delivery of marine risers to operations in West Africa. The deal includes the leasing of a complete riser package for a minimum of 18 months. The risers will be employed in Odfjell Drilling's forthcoming West African activities. PSW's work starts... Continue Reading →
(Reuters) - More shipments of fuel oil, methanol and petroleum coke boosted Venezuela's August oil exports to the second highest level this year, a recovery from weak volumes amid outages, documents and tanker tracking data showed on Friday. Venezuela's oil production and exports have ebbed and flowed this year as frequent power and gas disruptions... Continue Reading →
(Reuters) - Satellites recorded another large methane leak at an offshore platform belonging to Mexico's Pemex in August, according to exclusive data shared with Reuters, even as pressure mounts on the state oil company to reduce these emissions. Three satellites recorded images of methane plumes at the Ku-Maloob-Zaap oil field cluster in the Gulf of... Continue Reading →
Dutch marine services company Royal Boskalis Westminster N.V. (Boskalis) and Curaçao-based HAL Holding have reached an agreement on an increased offer price related to HAL’s all-cash public takeover offer for all shares of Boskalis. Boskalis and HAL have agreed to the offer of EUR 33 per share in cash, up from the initial offer of... Continue Reading →
(U) Japanese floater giant Modec has lined up Chinese yard Bomesc Offshore Engineering to build topside modules for the floating production, storage and offloading vessel that Equinor intends to deploy in gas rich Block BM-C-33 in Brazil’s Campos basin. A memorandum of understanding has been signed between Modec and Bomesc, paving the way for a... Continue Reading →
(DJN) Profits from oil-and-gas production have surged as crude prices hover at elevated levels, but volatile returns and a fraught political climate have created a divide among the biggest private-equity firms about whether investing in the sector is worth the headache. Many public pension funds and endowments that invest in private-equity funds have put pressure... Continue Reading →
Vineyard Wind has signed contracts with Maine-based Ironhouse and Houston-based EverLine to support the Vineyard Wind 1 offshore wind project at various construction and operation stages. EverLine, a provider of energy compliance, technical, and security solutions, will deliver complete Supervisory Control and Data Acquisition (SCADA) integration for the 62 wind turbines, a system that will... Continue Reading →
Brazil Energy Insight 