Petrobras to analyze Mubadala Capital proposal for refining and biorefining partnership in Bahia

Petróleo Brasileiro S.A. – Petrobras informs that it has received a communication from Mubadala Capital proposing the formalization of recent discussions on the formation of a potential strategic partnership for the development of downstream in Brazil, in continuity with the memorandum of understanding released on September 4, 2023. The initiative has as its scope businesses... Continue Reading →

Enauta Buys Cidade de Santos FPSO

(OE) Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin. The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas, 25,000 barrels of oil per day, and has a storage capacity... Continue Reading →

Will 2024 be the Year of AHTS Recovery?

Jesper Skjong, Contributor (OE) As 2023 is drawing to a close we would once again invite the readers of Offshore Engineer Magazine to gaze into our crystal ball to see what 2024 might have in store for the offshore support vessel industry. Before diving straight into our forward-looking sentiments however, it is important to address some... Continue Reading →

Pargo FSO starts operations offshore Brazil

(OM) Perenco Brazil’s double-hulled FSO Pargo has received first oil from the Pargo Cluster in the Campos Basin offshore Brazil. This follows recent clearance from the Brazilian regulatory authorities earlier. The vessel, converted in Dubai, has a crude storage capacity of 740,000 bbl. It is anchored by nine moorings connected to a new integrated turret system, and it... Continue Reading →

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