(epbr) The port complex intends to attract partners to develop the four Ventos do Açu parks Porto do Açu, Prumo's port complex in Norte Fluminense, started the environmental licensing of offshore wind farms with 2,160 MW of installed capacity, and intends to attract one or more partners to develop the four wind farms of Ventos... Continue Reading →
Guyana Opts Against Long-term Oil Supply Deal with India
(Reuters) Guyana's Natural Resources Ministry said on Monday the country earned nearly $80 million from a July crude cargo sold to an Indian refiner, the highest figure since exports began in early 2020, though an official ruled out a long-term supply deal. Guyana sold the cargo of 1,047,820 barrels of light, sweet Liza crude at... Continue Reading →
Petrobras on E&P assets in the Potiguar Basin
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on July 9, 2021, informs the beginning of the binding phase regarding the sale, together with Sonangol Hidrocarbonetos Brasil Ltda. (Sonangol), of all stakes of both companies in the onshore exploratory block POT-T-794, belonging to the BT-POT-55A concession, located in the Potiguar Basin, in... Continue Reading →
Talos Leaves Consortium Bidding on Petrobras’ Albacora Offshore Fields
Talos Energy Inc has withdrawn from a consortium with EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA, and the group has submitted a binding offer to Petrobras for the Albacora and Albacora Leste oilfields in Brazil, five sources with knowledge of the matter said on Monday. Another consortium composed... Continue Reading →
15 Bids in To Market Guyana Governent Crude
(Reuters) Guyana received bids from 15 different companies aiming to market the government's share of the crude produced off the South American country's coast, according to Guyana's National Procurement and Tender Board Administration website on Wednesday. The government re-launched the search last month after a previous tender was discarded. Bids were due on Aug. 3,... Continue Reading →
EXCLUSIVE Mexico probing Vitol over false import documents – tax chief
(Reuters) - Mexico's government is investigating the world's largest independent energy trader Vitol over "irregularities" in the documenting of its refined oil products entering Mexico that could lead to criminal charges for tax evasion, the country's tax chief told Reuters. The probe of Vitol (VITOLV.UL) is part of a drive to investigate alleged import tax... Continue Reading →
STUDIES FROM BRAZILIAN RESEARCHERS INDICATE GREAT OIL POTENTIAL OF THE EQUATORIAL MARGIN BASINS OF THE COUNTRY
(PetroNoticias) The exploratory success in neighboring Suriname and Guyana, nations that entered the world oil and gas map after relevant discoveries on their coast, is a strong indication that the Brazilian portion of the Equatorial Margin also has great potential to become a new oil and gas production hub in the country. The topic was... Continue Reading →
Exxon Considers Pledging Net-zero Carbon Emissions by 2050
Exxon Mobil Corp is considering a pledge to reduce its net carbon emissions to zero by 2050, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The report comes more than two months after the oil major's shareholders cast out three Exxon directors for the nominees of a hedge fund that... Continue Reading →
Subsea 7 sees continued pickup offshore Brazil, GoM
(Offshore) Subsea 7 has issued updates on its offshore energy activities in its 2Q results review. Subsea 7 has issued updates on its offshore energy activities in its 2Q results review. Offshore China, the company completed work on CNOOC’s Lingshui project using the Seven Borealis and Seven Eagle vessels. In the Norwegian sector, the Seven Arctic installed umbilicals for Aker BP’s Ærfugl Phase 2-Skarv tieback... Continue Reading →
ANTÔNIO GUIMARÃES WILL BE THE NEW PRESIDENT OF KAROON BRASIL
Executive Antônio Guimarães will assume command of the Brazilian arm of the oil company Karoon Energy. He was announced as the company's new president this week and will take over on Oct. 1, replacing Tim Hosking - who steps down after a 12-year stint. Guimarães starts to command the company at a time of expansion... Continue Reading →