PRIO Sept. 22 Operational Data

Petro Rio S.A. (“PRIO”), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Obs:(1) The MUP3A well, in the Frade Field, had its production temporarily interrupted due to a failure in the completion equipment, and will be repaired during the fourth quarter. (2) Manati... Continue Reading →

U.S. Offshore Wind Developer Names Its First CEO

 Atlantic Shores Offshore Wind, a 50/50 partnership between Shell New Energies US LLC and EDF Renewables North America, has appointed Joris Veldhoven as the company’s first Chief Executive Officer. The joint venture is working to develop offshore wind projects on the U.S. east coast, with the aim of providing electricity to New York and New... Continue Reading →

MODEC and Aibel hand out deals for ‘one of the largest FPSOs ever delivered to Brazil’

(OEM) Japan’s FPSO provider MODEC and Norway’s Aibel have picked Axess Group, an integrity and engineering solutions provider, for inspection and certification work on a floating, production, storage and offloading (FPSO) vessel bound for an Equinor-operated field off Brazil. Axess Group revealed on Tuesday that it has secured two contracts – one with MODEC and the other one... Continue Reading →

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