The ANP published today the names of two more companies qualified for the Second Round of Bidding for Excess Volumes of the Transfer of Rights: Petrobras and Shell Brasil Petróleo SA. Both were approved at a meeting of the Special Tender Commission (CEL). There are ten companies eligible for bidding: Chevron Brasil Óleo e Gás... Continue Reading →
TotalEnergies and Daimler Truck AG Partner to Develop Hydrogen Ecosystem for Transportation in Europe
TotalEnergies and Daimler Truck AG have signed today an agreement on their joint commitment to the decarbonization of the road freight in the European Union. The partners will collaborate in the development of ecosystems for heavy-duty trucks running on hydrogen, with the intent to demonstrate the attractiveness and effectiveness of trucking powered by clean hydrogen... Continue Reading →
NEW FORTRESS AUTHORIZED TO BUILD SOUTH GAS TERMINAL
New Fortress Energy received approval from ANP for the construction of the South Gas Terminal, in Babitonga Bay, in Santa Catarina. Incorporated into the company's portfolio after the acquisition of Golar Power, the project had been awaiting authorization from the agency since February and is expected to start operating in the first quarter of 2022.... Continue Reading →
Baker Hughes signs deal with Shell for renewable energy credits
(Reuters) - Oil major Royal Dutch Shell's (RDSa.L) clean energy unit will provide renewable energy credits (REC) to oilfield firm Baker Hughes' (BKR.N) facilities in United States for a two-year period, the companies said on Wednesday. The move comes as climate activists, investors, banks and some governments mount pressure on oil and gas companies to announce net zero emission... Continue Reading →
Shell committed to explore hydrocarbons in Africa
(Reuters) - Royal Dutch Shell (RDSa.L) is currently committed to exploring in Africa for hydrocarbons and doing so fits the company's purpose, its exploration manager for deepwater Africa Benjamin Mee said on Wednesday at an industry event. More than 80% of Shell's exploration will be focused on core positions with an emphasis on deepwater and the company... Continue Reading →
Aquaterra to support BW Energy’s rig conversion job
Offshore energy engineering solutions provider Aquaterra Energy has been awarded a $4.4 million contract with BW Energy. Under the contract, Aquaterra Energy will provide procurement, engineering, manufacture, installation, and commissioning support of multiple conductor tensioning units for the repurposing of the Hibiscus Alpha jack-up rig to an offshore installation (OI), located offshore Gabon, West Africa.... Continue Reading →
Ecopetrol’s Q3 Net Profit Surges to $983.4M
Colombian majority state-owned oil company Ecopetrol's third-quarter net profit surged to 3.81 trillion pesos ($983.4 million) on higher crude prices and structural changes implemented to meet recent industry challenges, the company said on Tuesday. Earnings before interest, taxes, depreciation and amortization increased 97% to 10.4 trillion pesos. "The results of the third quarter of 2021... Continue Reading →
EXXONMOBIL DISCOVERS OIL IN THE TITAN BLOCK IN THE SANTOS BASIN
(PetroNoticias) ExxonMobil notified the National Petroleum Agency (ANP) of the discovery of traces of oil in the pioneer well 1-EMEB-2-RJS (Titã-1), in the Titan block in the Santos Basin. The milestone was reached approximately three months after the start of drilling at the site, which is being carried out by the West Saturn drillship, chartered... Continue Reading →
Karoon secures US$ 160 million line of credit
Karoon Energy announced that financial close has been reached on the Company’s US$160 million reserve-based, non-recourse, syndicated debt facility. An initial draw down, in accordance with the facility agreement, of US$30 million has been made in preparation for investments in the Baúna intervention campaign and Patola development in Brazil. This marks a significant step in... Continue Reading →
BW Offshore bags contract extension for Nigerian FPSO
FPSO operator BW Offshore has been awarded a contract extension for a vessel operating in waters offshore Nigeria. BW Offshore said on Monday that the Sendje Berge FPSO has won a one-year extension with Addax Petroleum Exploration (Nigeria). The firm period has been extended to the fourth quarter of 2022. The Sendje Berge FPSO is located on... Continue Reading →
