Corio Generation has completed a geophysical survey at the site of its 450 MW offshore wind project in Ireland, after applying for Maritime Area Consent (MAC) in June this year with an aim to compete in Ireland’s first Offshore Renewable Electricity Support Scheme which opens in early 2023. The project is the Sceirde Rocks offshore... Continue Reading →
Guyana launches tender for new agent to sell its crude exports
(Reuters) - Guyana has launched a tender to choose a marketing agent for its share of Liza crude oil exports, the Natural Resources ministry said on Thursday, following the expiration of a contract with a unit of Saudi Aramco (2222.SE). A consortium by U.S. companies Exxon Mobil Corp (XOM.N) and Hess Corp (HES.N) and China's CNOOC (0883.HK) is in charge of all... Continue Reading →
Incoming Shell Boss Aims Fire up Renewables Drive
(Reuters) Shell's incoming Chief Executive Wael Sawan is set to accelerate the group's drive to build its renewable energy business, including through a possible "transformative" clean power acquisition, company and industry sources said. Sawan will from January take on a firm with a strong balance sheet after a surge in oil and gas prices, but... Continue Reading →
Argentina prepares bill to advance energy sector, including LNG exports
(Reuters) - Argentine President Alberto Fernandez on Wednesday said his government plans in coming days to submit legislation to the national congress that "would give certainty" to energy producers and help advance Argentina's liquefied natural gas (LNG) agenda. The Vaca Muerta shale basin, the world's second largest unconventional gas reserve and the fourth largest oil... Continue Reading →
Equinor, Naturgy Team up on 200MW Spanish Floater
Spanish utility and Naturgy and Norway's Equinor are targeting a 200MW floating offshore wind project in the Canary Islands. Following an agreement to work together, made earlier this year, the firm's are targeting the Floating Offshore Wind Canarias (FOWCA) project in the maritime area of eastern Gran Canaria.The FOWCA project, which would be connected to the... Continue Reading →
TotalEnergies Extends Suriname Rig Contract
TotalEnergies E&P Suriname has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to its contract for the Maersk Drilling's Maersk Valiant drillship. The contract extension is expected to start in January 2023, in direct continuation of the rig’s current work scope, with an estimated duration of 100... Continue Reading →
Allseas to install 700-kilometer natural gas pipeline offshore Mexico
Allseas has won a contract with TC Energy (TCE) to install the offshore stretch of the Southeast Gateway Pipeline in the Gulf of Mexico. The 700-kilometer natural gas pipeline will run south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas’ scope covers engineering and construction, as well... Continue Reading →
Enauta: All three wells back on stream off Brazil
Brazil’s oil and gas player Enauta has restarted production from three wells located on a field offshore Brazil and expects the production to stabilise over the incoming period. Enauta revealed on Wednesday that all three wells on the Atlanta field have come into operation. The company further elaborated that this field is in the process of commissioning... Continue Reading →
EXCLUSIVE Maroil takes over most of Venezuela’s petroleum coke trading
(Reuters) - Maroil Trading, owned by shipping tycoon Wilmer Ruperti, has taken over sales of almost all Venezuela's exports of petroleum coke, a move that could reduce sanctions risks for clients, according to documents and four sources close to the decision. The Geneva-based company has boosted exports and customers since signing a commercial pact with... Continue Reading →
Repsol Sinopec appoints new country president
(PN) Alejandro Ponce Bueno is the new president of the company in Brazil, taking over from Mariano Ferrari, who has been at the helm of the company since 2018 and will assume the presidency of Repsol Bolivia. Alejandro has extensive experience in the oil and gas sector, where he has been operating for over 20... Continue Reading →