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U.S. energy major ExxonMobil has finalized its corporate plans, which increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its portfolio. Exxon has also increased its annual dividend payment for the 39th consecutive year. As explained by ExxonMobil on Wednesday, the plans support... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 03/24/2021, informs that today it has completed the sale of the Landulpho Alves Refinery (RLAM) and its associated logistical assets, located in the state of Bahia, for MC Brazil Downstream Participações, a company of the Mubadala Capital group. After the fulfillment of all... Continue Reading →
With the increase in the activity of thermoelectric plants in 2021, Wilson Sons registered in the last 10 months a record of ship-to-ship operations (STS). The Company's towage unit operated in more than 15 operations to transfer liquefied natural gas (LNG) from gas tankers to Floating Storage Regasification Units (FSRU): most of which took place... Continue Reading →
Offshore accommodation rig provider Floatel International believes that the demand for accommodation rigs is starting to recover but, due to market oversupply, it still remains below levels in late 2019 before the Covid-19 pandemic, resulting in prices continuing to be under pressure. As a result, Floatel expects the overall utilisation of the accommodation fleet to... Continue Reading →
The FPSO Guanabara left Dubai Dry Docks shipyard destined to the Mero field, in the Santos Basin, where it will operate for the consortium formed by Petrobras, Shell, Total, CNOOC and CNPC. The Modec unit has already started mobilization procedures and will be brought in by tugboats. The estimate is that the trip will take... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on October 22, 2021, informs the beginning of the binding phase regarding the sale of the totality of its stakes (100%) in the Catuá Field, belonging to Exploratory Block BC-60, located in the Campos Basin, State of Espírito Santo. Potential buyers qualified for this... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/02/2021, informs that it signed today contracts with the company SBM Offshore for the chartering and provision of services of the FPSO Alexandre de Gusmão, the fourth definitive system to be installed in the Mero field, located in the pre-salt of the Santos... Continue Reading →
TotalEnergies EP Brasil will have a new General Director as of December. The Brazilian subsidiary will be headed by Charles Fernandes, who occupied the same position in the Netherlands. Philippe Blanchard, General Director in Brazil since 2018, will assume the direction of TotalEnergies Suriname. Charles is Brazilian and started his career at the French company... Continue Reading →
The Angra dos Reis Port Terminal (TPAR) and Maersk Supply Service announced a project that will reactivate the port complex in southern Rio de Janeiro as an offshore support base. The terminal, managed by the Splenda Port group, will support the pre-installation activity of the mooring system for the FPSO Sepetiba, which will be installed... Continue Reading →
Marine seismic contractor PXGEO has completed the Sapinhoa 4D Baseline ocean bottom node program in the deepwater Santos Basin, offshore Brazil, for the BMS-9 consortium, which is controlled by Petrobras. The four-month project, which used PXGEO's Manta OBN technology, was on time around the end of October 2021. "The PXGEO COVID-19 mitigation measures were fully... Continue Reading →
Brazil Energy Insight 