(Reuters) Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation's mines and energy minister said on Friday. Both companies announced earlier this year that they had made "significant" discoveries offshore Namibia, and are currently making assessments. The companies did not detail the... Continue Reading →
ANP approves registration of Equinor, Ecopetrol, Qatar Energy, Sinopec and Petrogal for the Pre Salt Permanent Offer Permanent
(PN) News in the preparations for the first round of the Permanent Sharing Offer, which will auction off pre-salt blocks. The National Petroleum Agency (ANP) approved the registration of five more companies: Equinor, Ecopetrol, Qatar Energy, Sinopec and Petrogal. The information is contained in a statement published) in the Official Gazette. Previously, the ANP had... Continue Reading →
Scana’s PSW Technology to Deliver Risers for Odfjell Drilling’s W. Africa Project
Scana-owned PSW Technology has secured a contract with offshore drilling contractor Odfjell Drilling for the delivery of marine risers to operations in West Africa. The deal includes the leasing of a complete riser package for a minimum of 18 months. The risers will be employed in Odfjell Drilling's forthcoming West African activities. PSW's work starts... Continue Reading →
EXCLUSIVE Scientists detect second ‘vast’ methane leak at Pemex oil field in Mexico
(Reuters) - Satellites recorded another large methane leak at an offshore platform belonging to Mexico's Pemex in August, according to exclusive data shared with Reuters, even as pressure mounts on the state oil company to reduce these emissions. Three satellites recorded images of methane plumes at the Ku-Maloob-Zaap oil field cluster in the Gulf of... Continue Reading →
Gas-geared: Modec lines up Chinese subcontractors for Equinor’s next Brazil floater
(U) Japanese floater giant Modec has lined up Chinese yard Bomesc Offshore Engineering to build topside modules for the floating production, storage and offloading vessel that Equinor intends to deploy in gas rich Block BM-C-33 in Brazil’s Campos basin. A memorandum of understanding has been signed between Modec and Bomesc, paving the way for a... Continue Reading →
Two US Companies Join Vineyard Wind 1 Team
Vineyard Wind has signed contracts with Maine-based Ironhouse and Houston-based EverLine to support the Vineyard Wind 1 offshore wind project at various construction and operation stages. EverLine, a provider of energy compliance, technical, and security solutions, will deliver complete Supervisory Control and Data Acquisition (SCADA) integration for the 62 wind turbines, a system that will... Continue Reading →
Jumbo Offshore installs Petrobras torpedo pile mooring system
(OM) Jumbo Offshore has executed the transport and installation of a torpedo pile mooring system, including mooring for flexible risers, umbilical for Libra Consortium's Guanabara FPSO. While this type of installation previously required the mobilization of up to three anchor-handling tugs, Jumbo carried out the entire contract using only its J-class offshore installation vessel Fairplayer, working in the Mero... Continue Reading →
PRIO on Dommo acquisition
Petro Rio S.A. (“PRIO”) informs its shareholders and the market in general that it has entered into a memorandum of understanding (“MOU”) with Prisma Capital Ltda. (“Prisma”) for the potential business combination of Dommo Energia S.A. (“Dommo”) (B3: DMMO3) and PRIO (“Transaction”).As per the MOU, the Transaction will be implemented through the incorporation of the... Continue Reading →
Shell’s CEO Ben van Beurden Prepares to Step Down Next Year
(OE) Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters. During his tenure, van Beurden oversaw Shell's biggest acquisition in decades and steered the company through two... Continue Reading →
Chevron applies for Venezuela license renewal, proposes wider business
(Reuters) - Chevron Corp has asked the U.S. government to expand its license to operate in Venezuela after the oil major agreed with state-run PDVSA to revamp joint ventures in the sanctioned country, six people close to the matter said. Chevron's authorization request is the California-based company's latest attempt to have a greater say in... Continue Reading →