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(OE) EOG Resources Trinidad (EOG) and BP Trinidad and Tobago, equal joint venture partners in the Mento development, have produced first gas at the field off Trinidad’s southeast coast. The Mento development features a 12-slot, attended facility that is located in acreage jointly licensed by EOG and BP Trinidad and Tobago, owned by BP (70%)... Continue Reading →
(Reuters) Portugal's Galp expects to boost its oil and gas production in Brazil by around 40% over the next few years, when the promising offshore field Bacalhau reaches peak output, executive board member Nuno Bastos told reporters. Galp produces 110,000 barrels of oil equivalent per day (boepd) in Brazil through a 70%-30% joint venture with... Continue Reading →
(Reuters) - The Trump administration has issued a narrow authorization for U.S. oil producer Chevron (CVX.N), opens new tab to keep assets in Venezuela, including its stakes in oil joint ventures with state company PDVSA, three sources with knowledge of the decision said on Tuesday. Chevron and several European firms had been in talks with officials in Washington in... Continue Reading →
(offshoreWIND.biz) Galileo Energy and Hope Group have received an Environmental Impact Assessment (EIA) permit from Italy’s Ministry of Environment and Energy Security for the 1.1 GW Barium Bay floating offshore wind project. The joint venture partners said that this is the largest offshore wind farm to have achieved this milestone in Italy and the Mediterranean... Continue Reading →
(OE) Perenco Trinidad & Tobago (T&T), as the operator of the Teak, Samaan and Poui (TSP) fields, has found gas as part of a drilling campaign at the Onyx field, offshore Trinidad and Tobago. The two legs, at the Onyx well and sidetrack in the eastern part of the Onyx field, encountered significant columns of natural gas... Continue Reading →
(OE) SLB announced the award of an engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago. The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SLB OneSubsea and Subsea7.... Continue Reading →
(OE) The government of U.K. has approved 1.2 GW extension to Rampion offshore wind farm, Rampion 2, off the Sussex coast. The Development Consent Order (DCO) for the Rampion 2 offshore wind farm project, an extension to the existing Rampion wind farm nearby, is being led by global renewables company RWE, on behalf of joint... Continue Reading →
(Reuters) - Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest joint venture with Chevron once a license for the U.S. major to operate in the country expires next month, according to a company document seen by Reuters on Monday. The administration... Continue Reading →
Yunneng Wind Power joint venture partners have inaugurated the Yunlin offshore wind farm in Taiwan, which is now fully operational and generating renewable electricity at its planned capacity of 640 MW. Yunneng Wind Power joint venture consists of TotalEnergies with 29.46% stake, Skyborn Renewables with 31.98%, EGCO Group with 26.56%, and Sojitz with 12%. The... Continue Reading →
(Reuters) The government of Trinidad and Tobago and Woodside Energy have reached an initial agreement on the commercial terms for developing the company's Calypso deepwater gas discoveries, moving the project one step closer to a final investment decision, according to a Woodside executive and three people with knowledge of the talks. The Caribbean country, Latin... Continue Reading →
Brazil Energy Insight 