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The governor of Ceara, Camilo Santana, announced on the Portocem consortium as the winner of the auction for the implementation of the Natural Gas Thermoelectric Power Plant in the Export Processing Zone (ZPE) of the Pecem Complex. Led by the American Ceiba Energy, a company that owns, develops and operates power generation assets in Latin... Continue Reading →
The German oil company Wintershall Dea announced today (17) that it is leaving Brazil. The company, which holds stakes in nine exploratory licenses, said it would close all its operations in the country and close its office in Rio de Janeiro. This decision is the result of a very thorough analysis of the group's global... Continue Reading →
TotalEnergies and Inpex have agreed to sell their Angola Block 14 B.V. subsidiary to the Angolan Company Somoil for an undisclosed price. Angola Block 14 B.V., owned by TotalEnergies Holdings International B.V. (50.01%) and Inpex Angola Block 14 Ltd (49.99%) holds a 20% interest in block 14 in Angola and a 10% interest in block... Continue Reading →
(PN) New advances in Petrobras' exploratory program in the pre-salt layer. This week, the company began drilling the wildcat well in the Alto de Cabo Frio Central block, in the Santos Basin. The activity took place in a water depth of 1,831 meters, in well 1-BRSA-1383-RJS, within the Barra Velha formation. The Alto de Cabo... Continue Reading →
(Reuters) U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad. The oil and gas rig count, an early indicator of future output, rose 13 to 601 in the week to Jan. 14, its highest... Continue Reading →
Equinor and BP on Friday announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1 offshore wind projects. Empire Wind is located 15-30 miles southeast of Long Island and spans 80,000 acres, with water depths of... Continue Reading →
(Reuters) - Mexican state oil company Petroleos Mexicanos will take control of the Deer Park refinery in Houston, Texas on Jan. 20, three sources with knowledge of the matter said on Thursday. Royal Dutch Shell (RDSa.L) had agreed in May to sell its majority stake in the Deer Park refinery, which can process up to 340,000 barrels... Continue Reading →
TotalEnergies E&P Suriname, a subsidiary of the French energy major TotalEnergies, has decided to exercise its option for one additional well to be drilled by the Maersk Drilling-owned Maersk Valiant rig. Maersk Drilling reported on Friday that TotalEnergies’ Suriname branch has exercised an option to add the drilling of one additional well in Block 58... Continue Reading →
More shuttle tankers will be needed in the years ahead to keep pace with a projected rise in oil volumes needing transport, Rystad Energy said. Produced volumes requiring transport key shuttle tanker markets Brazil, Canada, Norway, the U.K. and Russia are expected to rise to 3.3 billion barrels per year before the end of the... Continue Reading →
Brazilian oil and gas company Enauta has stopped production from the Atlanta field, located offshore Brazil, for inspection and repair following a pipeline issue. Enauta disclosed the preventive stoppage of production at the Atlanta field on Thursday. The firm explained the production at the field was stopped for inspection and repair of a production line... Continue Reading →
Brazil Energy Insight 