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Oslo Stock Exchange-listed oil and gas E&P company BW Energy has confirmed it is engaged in discussions with Brazil’s state-owned oil and gas giant Petrobras to acquire the latter’s stake in a field located offshore Brazil. Back in January 2020, Petrobras disclosed its intention to sell its entire stake in two sets of deep-water post-salt offshore concessions,... Continue Reading →
(PN) Petrobras launched this week a tender for contracting inspection services in its industrial assets located on land and sea. The tender covers both refining units as well as platform ships currently in operation in the Brazilian pre-salt. The expectation is that the opening of the envelopes with the proposals will take place on the... Continue Reading →
(PN) A new major contract for the Altera&Ocyan portfolio. The company, formed by the union between Ocyan and Altera Infrastructure, signed an agreement with 3R to carry out the maintenance and operation of the P-61 and P-63 platforms in the Papa Terra field, in the south of the Campos Basin (RJ). The contract will last... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 03/18/2020, informs that the divestment process of the maritime concession called Golfinho Cluster, located in deep waters, in the Espírito Santo Basin, is still in the binding phase. The company BW Energy was invited to the negotiation stage, as reported by this company... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras and the Sergipe Government signed today a protocol of intentions to identify business opportunities with the use of natural gas ,considering the development by the company of a new frontier in Sergipe Deep Waters. The objective of the protocol is to express the purpose of prospecting and structuring business opportunities,... Continue Reading →
French energy giant TotalEnergies and its partners have made a final investment decision on an $850 million project offshore Angola as part of their plans to further develop the CLOV complex located in Block 17. Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) and TotalEnergies announced the decision for the CLOV Phase 3 development last Friday,... Continue Reading →
By: Philip Lewis (OE) Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion... Continue Reading →
As the stamp of high oil prices in the first half of the year engraves its mark on oil market fundamentals, Westwood Global Energy, an energy market research and consultancy firm, points out the signs of an uptick in offshore exploration and production (E&P) investment and rig count, expecting the demand for offshore support vessels... Continue Reading →
(Offshore Energy) Offshore drilling contractor Vantage Drilling has secured a new contract with TotalEnergies for one of its ultra-deepwater drillships, which is currently operating in the Mediterranean. Vantage revealed on Thursday that one of its subsidiaries entered into a drilling services contract with a subsidiary of TotalEnergies in respect of its ultra-deepwater drillship, the Tungsten Explorer. The... Continue Reading →
(OW) KfW IPEX-Bank, together with Crédit Agricole CIB, Banco Santander, S.A., Mizuho Bank, European Investment Bank (EIB), and the Danish Export Credit Agency (EKF), has decided to finance the 30 MW Eoliennes Flottantes du Golfe du Lion (EFGL) floating wind project offshore France. KfW IPEX-Bank is the first German bank to finance a floating offshore wind farm,... Continue Reading →
