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(TN) Enauta, one of the main independent oil and gas exploration and production companies in Brazil, reinforces its operations team, especially for its project to expand production in the Atlanta field (Santos Basin). The company has hired Executive Manager Ricardo Abi Ramia, who will take care of the wells, subsea and subsea facilities. With more... Continue Reading →
(Reuters) Norway's Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana amid concern the project could face sanctions over the war in Ukraine due to the involvement of Russian oil firm Lukoil. Aker Energy, controlled by Aker ASA, owns 50% in the deepwater block off... Continue Reading →
(U) The Brazilian National Petroleum Agency (ANP) has set a date for 16 December to receive proposals in the country’s first auction featuring pre-salt acreage under the so-called permanent offer initiative. In a meeting held on 16 August, the regulator has approved the calendar for the upcoming bid round. According to the proposed timeline, companies... Continue Reading →
Brazilian oil company Enauta has brought back online oil production from the Atlanta field, following a planned downtime. Enauta had said earlier this month that the gradual output resumption would take place by mid-August when a new water treatment and equipment unit that underwent maintenance in the period would be commissioned and complementary services carried... Continue Reading →
(OM) Halfway through the month of August, contracts for floating rigs are significantly outpacing contacts for jackups, according to Evercore ISI’s latest Offshore Rig Market Snapshot. Of the 17 rig contracts announced so far this month, floater contracts outnumber jackup almost 2-to-1 with the average term more than six times longer at 1.2 years versus... Continue Reading →
Technip Energies, in consortium with Subsea 7 and Samkang M&T, has been selected by Corio Generation and TotalEnergies to perform a Front-End Engineering Design (FEED) for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the East Coast of South Korea. The FEED contract covers engineering for floater, mooring, and inter-array cable (IAC) in collaboration with a wind turbine supplier. The design of the floating foundation will include Technip Energies’ in-house floater technology INO15. With a capacity of 15 megawatts, INO15 technology is a three columns semi-submersible floater suited for large series production. The... Continue Reading →
(OE) Oslo-listed marine seismic survey firm Magseis Fairfield has signed a contract with ExxonMobil for a large Ocean Bottom Node (OBN) project offshore Guyana, where ExxonMobil has so far discovered 11 billion barrels of oil. The project is expected to be conducted using our ZXPLR technology and last for a minimum of 14 months. “We... Continue Reading →
The transaction to combine Mainstream Renewable Power and Aker Offshore Wind to form a renewable company with a 27 GW portfolio has closed. The deal was first announced on July 12. Aker Horizons entered into an agreement with Aker Mainstream Renewables, a holding company co-owned by Aker Horizons, Mitsui & Co., Ltd. and Irish minority shareholders,... Continue Reading →
(Reuters) The European Union is planning a five-fold increase in financial support to an African military mission in Mozambique, an internal EU document shows, as Islamist attacks threaten gas projects meant to reduce the EU's reliance on Russian energy. The energy squeeze due to the Ukraine war has added impetus to Europe's scramble for gas... Continue Reading →
Sweden-based Skanska, one of the country's largest construction firms, has signed a contract with the Virginia Port Authority to rebuild 72 acres of the Portsmouth Marine Terminal in Portsmouth, Virginia, USA. The project will redevelop approximately 72 acres of the 287-acre Portsmouth Marine Terminal for use as an offshore wind staging port which will improve... Continue Reading →
Brazil Energy Insight 