Brought to you by Quest Offshore & Southern Cone Consultants
Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation (NNPC) for the development of a floating LNG project in Nigeria, targeting the international LNG market. Wison and NNPC signed the MoU at COP28 in Dubai on December 6, 2023.... Continue Reading →
Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has hosted dignitaries from Brazil, who came to visit a floating production, storage, and offloading (FPSO) vessel, destined to work at Enauta’s field off the coast of Brazil. At the start of December 2023, several dignitaries – Rui Costa, Chief of Staff at... Continue Reading →
– PRIO S.A. ("Company" or "PRIO") (B3: PRIO3) informs its shareholders and the market in general that, at a meeting of the Board of Directors held on this date, the payment of interim dividends, to the account of the unrealized profits reserve, in the total gross amount of R$60,615,773.09 (sixty million, six hundred and fifteen... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), following best practices in corporate governance, informs its investors and the market in general the preliminary unaudited production data for November 2023. (1) It does not consider gas production at Areia Branca, Fazenda Belém and Papa Terra Clusters, as those volumes are consumed in... Continue Reading →
(Reuters) - Brazil's largest-ever power transmission auction by expected investment volume may see little competition, experts and executives said, as the need for billions of dollars in investments and tech expertise may dissuade potential bidders. In the last five years, Brazil's transmission lines auctions have had on average at least six bidders for each allotment,... Continue Reading →
(PN) Well drilling work in the Wahoo field, in the Campos Basin, should begin in January, when the environmental license should be issued by IBAMA. The projection was presented this week by the CEO of PRIO, Roberto Monteiro, during an event with investors. The four wells planned in the area will be drilled by the... Continue Reading →
(Reuters) Venezuelan President Nicolas Maduro said he would authorize oil exploration in an area subject to a dispute with Guyana, which said it would report his comments to the United Nations and the International Court of Justice (ICJ). Maduro's pledge to permit development around the Esequibo river came after his government held a referendum over the weekend... Continue Reading →
(OM) Javier Gremes Cordero has been appointed COO of Maha Energy. Gremes will replace Alan Johnson, who leaves Maha in connection with the closing of Maha’s technical office in Calgary, Canada. All functions previously handled by the Canadian office are being transferred to Maha’s office in Rio de Janeiro, Brazil, or Maha's office that is... Continue Reading →
(Reuters) - TotalEnergies's (TTEF.PA) CEO gave his backing to an international pledge to triple renewable energy generation at the COP28 climate summit, calling it necessary to phase out fossil fuels and decarbonise. "It's the right way to frame the object, tripling renewables, because if we don't do that, there's no way to phase out fossil energy," Patrick Pouyanne told... Continue Reading →
(OET) Brazilian oil and gas player Enauta has brought back on stream another well at a field offshore Brazil while a third well is anticipated to return to production in the next 30 days. After Enauta found issues in the subsea pumping electrical system adopted for the FPSO Petrojarl I, the firm temporarily halted the Atlanta field’s production in July 2023. Following the... Continue Reading →
Brazil Energy Insight 