Brought to you by Quest Offshore & Southern Cone Consultants
(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 →
(Reuters) - France on Tuesday started the process to fully nationalise debt-laden nuclear power group EDF (EDF.PA), seeking to secure greater control of its energy supplies just as Europe scrambles to replace Russian gas. The Paris government filed an offer with the market regulator to buy all shares in the group it does not already own... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that today it signed a contract with Sembcorp Marine Rigs & Floaters for the construction of the P-82 platform, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area. The P-82 will be of the FPSO type and will have the... Continue Reading →
(OE) The Island Innovator semi-submersible drilling rig has arrived on Block 2B offshore South Africa, and is set to start operations on the Gazania-1 exploration well. The Gazania-1 exploration well is being drilled in approximately 150 meters of water and is located 25 kilometres offshore the Northern Cape in the Orange Basin. The Orange Basin... Continue Reading →
(OE) Veolia Water Technologies has won a multi-million dollar contract to supply a seawater treatment process module for the One Guyana FPSO, that will operate in the ExxonMobil-operated Stabroek block, offshore Guyana. The Yellowtail - SBM Offshore/McDermott Joint Venture (YTSM JV) awarded the contract to Veolia's subsidiary VWS Westgarth. The award is for the design,... Continue Reading →
Offshore drilling company Valaris has secured new contracts and contract extensions worth $95 million in total. The contracts were awarded subsequent to the issuing of Valaris' most recent contract awards and fleet status update on September 1, 2022. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements. In Brazil, TotalEnergies... Continue Reading →
(PN) The decision on who will run the country for the next four years will be decided on the 30th. With 99.90% of the votes counted, former president Luiz Inácio Lula da Silva (PT) has 48.41% of the valid votes, against 43.22% of his opponent, the incumbent president Jair Bolsonaro. The counting of votes showed... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/22/2021, informs that, as part of the actions taken to open the Brazilian natural gas market, signed, in 09/30/2022, with Nova Transportadora do Sudeste S.A. (NTS) the Flexibility Reduction Agreement to be used by Petrobras (Agreement) and amendments to the Malha Sudeste, Malha... Continue Reading →
Petro Rio S.A. ("PRIO") (B3: PRIO3) informs that the Board of Directors approved the acquisition of up to 5.43% of the total shares issued by PRIO ("Share Buyback Program"). The Share Buyback may occur in one or more operations, and PRIO's Board of Directors will define the volumes in due course, considering the following conditions:... Continue Reading →
Petro Rio S.A. (PRIO”), following the Material Fact disclosed on the September 1st, 2022, informs its shareholders and the market in general that, on October 1, 2022, the Company’s Board of Directors approved, and the managements of the Company, as consenting intervening party, and of Dommo Energia S.A (“Dommo”) and Petro Rio OPCO Exploração Petrolífera... Continue Reading →
Brazil Energy Insight 