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(Bloomberg) – The Pentagon is sounding alarms over the Biden administration's plans to advance offshore wind projects along the central Atlantic U.S. coast, warning that almost all of the new terrain eyed for development conflicts with military operations. Maps shared with industry stakeholders and seen by Bloomberg News show vast red areas that the Navy... Continue Reading →
(epbr) Petrobras has begun reviewing the five-year strategic plan and will release the new plan for the period 2024-2028 at the end of 2023, along the lines of the last revisions, said Maurício Tolmasquim, current executive manager of Strategy at Petrobras. Tolmasquim was appointed to the Board of Energy Transition and Renewable Energy, a new... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed, in partnership with Shell and Senai CIMATEC, a cooperation term (TC) for the construction of the Production Development Laboratory (LDP), the largest complex for pre-salt research and development. The LDP will enable safe operating conditions similar to the Brazilian pre-salt for testing integrated systems. The... Continue Reading →
(PN) Karoon Energy announced that it has completed its drilling program, in the Santos Basin, with the Noble Developer rig (formerly known as Maersk Developer). The rig was contracted to carry out the oil company's first workover campaign and the development of new fields in Brazil. The rig was mobilized from the Caribbean to Brazil... Continue Reading →
Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 million in the prior year, and an operating... Continue Reading →
Brazilian oil and gas player Enauta has restarted production from a well located on a field offshore Brazil. Enauta temporarily halted the production from the 7-ATL-2HP-RJS well on the Atlanta field in March 2023, only days after completing of preventive maintenance of the water-cooling system of the FPSO Petrojarl I, which works at the field. In an update on Monday, 17 April 2023,... Continue Reading →
(OE) AFC Equity Investment has agreed to buy Aker Energy, a company working to develop the Pecan oil field offshore Ghana, from Aker Capital and The Resource Group Aker today holds 50.79 percent of the shares in Aker Energy, and TRG holds 49.21 percent. AFC Equity Investment is owned by Africa Finance Corporation (“AFC”). The... Continue Reading →
(U) Australian independent Karoon Energy expects that production from its Bauna oilfield and the recently on stream Patola field offshore Brazil will remain suspended into May. Karoon and the fields’ floating production, storage and offloading vessel operator Altera & Ocyan are undertaking both essential and proactive work with the focus on the ongoing detailed inspection... Continue Reading →
Tom Ewing, Contributor (OE) Offshore wind energy planners are giving close review to fixed-tower systems in order to extend lessons learned to floating wind towers, under development now. In the U.S., floating towers have been most closely associated with plans for new wind energy areas (WEA) in the Pacific, off of California and maybe Oregon and... Continue Reading →
(Reuters) Guyana's closely watched auction of 14 offshore oil blocks faces a delay with the South American country pushing back the deadline for oil explorers to submit bids to mid-July. The three-month delay is in response to industry feedback and the need for modernizing the country's oil and gas regulatory framework, which is expected to... Continue Reading →
