Namibia aims to fast-track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell, a senior energy official told Reuters on Monday. Shell on Friday said the exploration well off the coast of the southern African country had shown "encouraging" results with the presence of a working petroleum system with light... Continue Reading →
BW Offshore / Saipem Consortium in Gato do Mato
(PetróleoHoje) Shell and the BW Offshore / Saipem consortium are close to concluding the contracting of the FPSO of Gato do Mato, a unit that should start operating between 2024 and 2025. Sources involved confirmed to PetróleoHoje that, after months of negotiations, Modec is out of the process and that the award of the contract... Continue Reading →
Shell’s Partner Confirms Oil Discovery at Graff-1 Well Offshore Namibia
Following recent reports that Shell has made an oil discovery offshore Namibia, the confirmation came Friday from its partner QatarEnergy. QatarEnergy, until recently known as Qatar Petroleum, confirmed that an oil discovery had been made in a deepwater exploration well drilled in the PEL-39 license located in the Orange Basin, offshore Namibia. "The consortium partners comprising... Continue Reading →
Petrobras expresses interest in areas under Production Sharing agreement
Petróleo Brasileiro S.A. – Petrobras informs that today it expressed to the National Energy Policy Council (CNPE) the interest in the right of first refusal in blocks to be bid in the Permanent Offer System, under the Production Sharing Agreement, pursuant to Law 12,351/2010 and Federal Decree 9,041/2017. The company's Executive Board approved the expression... Continue Reading →
Brazil natural gas production in 2021 rises 5% and sets a new record at 134 MMm3/d
Natural gas production in 2021 set a record, having reached an average production of 134 MMm3/d (millions of cubic meters per day), a growth of 5% compared to the previous year, when the average was 127 MMm3/d. The average oil production was 2.905 MMbbl/d (million barrels per day), a decrease of 1.18% compared to the... Continue Reading →
Petrobras to contract 4D seismic for the Tartaruga Verde and Tartaruga Verde Sudoeste fields, in the Campos Basin
(PetroleoHoje) Petrobras will contract an exclusive 4D seismic campaign with streamer and gravimetric and magnetometric data for the Tartaruga Verde and Tartaruga Verde Sudoeste fields, in the Campos Basin. The company launched a tender for the acquisition of mapping covering an area of 246 km², in water depths from 100 to 1,600 m. Tender for... Continue Reading →
Duo demonstrates hydrogen-powered subsea control systems
Norwegian Innova and the U.S. Teledyne Energy System have partnered to demonstrate the use of hydrogen for local power of subsea control systems. Specifically, the companies conducted validation testing of Teledyne’s Subsea Fuel Cell Supercharger, a hydrogen and oxygen fuel cell electric power source designed to operate on the ocean floor with no connection to the surface.... Continue Reading →
Porto do Açu and GNA announce investments of R$ 6 billion in infrastructure and energy
(TN) Porto do Açu and Gás Natural Açu (GNA) announced the realization of R$ 6 billion of investments in infrastructure and energy in Porto do Açu, located in the northern region of Rio de Janeiro. Investments include works to expand road access to the port, the construction of a rail branch and the laying of... Continue Reading →
With 70 pct of Brazilian FPSO market already covered, Wilson Sons preparing for rise in demand
Brazil’s port and maritime logistics operator Wilson Sons is anticipating an increase in the FPSO demand and has already cornered the Brazilian market by serving 70 per cent of the chartered FPSOs in the country. The company explained on Tuesday that the estimates of the oil and gas sector indicate growth, with new FPSO units... Continue Reading →
FPSO Guanabara Arrives at Mero for Last Tests Before Starting Production in Six Months
(PN) The FPSO Guanabara is almost ready to start oil production in Campo de Mero, located in the Libra Block, in the pre-salt layer of the Santos Basin. The platform will be part of the first definitive system to operate in Mero, the third largest pre-salt field (after Buzios and Tupi). The unit will be... Continue Reading →