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Australian firm BHP, working to develop the deepwater Trion oil field offshore Mexico, has selected the offshore engineering firm DORIS to continue into the next phase of Trion’s engineering work, related to subsea umbilicals risers and flowlines. DORIS has previously completed the pre-DEED scope, and will now work on Front End Engineering and Design (FEED)... Continue Reading →
– Baker Hughes, an energy technology company, has reached a significant technology milestone in pioneering a solution to overcome flexible pipe stress corrosion cracking (SCC) tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments. The inspection, verification and assurance body, Lloyd’s Register, issued Baker Hughes a design appraisal document... Continue Reading →
India's Mangalore Refinery and Petrochemicals Ltd has bought its first-ever cargo of Brazilian Tupi crude oil in a tender, two industry sources said on Monday. The 1-million-barrel cargo was sold by Royal Dutch Shell for May delivery, he added. The price was not immediately known. The purchase comes after Indian state refiners had planned to... Continue Reading →
(Reuters) - Mexico is looking to renegotiate some of its hundreds of millions of dollars-worth of contracts with Vitol SA after the global energy trader acknowledged paying kickbacks to win business with state oil company Pemex, Reuters has learned. The dispute in Mexico, the world’s fourth-largest importer of refined oil products, is part of the... Continue Reading →
The board of the National Petroleum Agency (ANP) approved phase 1 of the Development Plan (PD) of the shared deposit of the Bacalhau and Bacalhau Norte fields, in the Santos Basin. The operator of the area, the Norwegian Equinor, forecasts about US$ 8.5 billion in investments in this stage of the undertaking, with the expectation... Continue Reading →
Equinor, together with license partners Repsol Sinopec and Petrobras, has approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt in Brazil. Equinor is the operator of the block with a 35 per cent interest with Repsol Sinopec and Petrobras as partners with 35 per cent and 30 per cent... Continue Reading →
Siemens Energy said Friday it had won a contract with Malaysian MISC to deliver eight complete topside modules for an FPSO MISC is building for deployment in South America. According to Siemens Energy, its topside modules "will provide sustainable, efficient, and environmentally friendly power generation, transmission, and distribution, as well as gas processing and compression"... Continue Reading →
There has been much talk about natural gas as a transition fuel, primarily in helping to lower emissions and pollution by displacing coal in power generation, but also in complementing intermittent renewables, and targeting the (blue) hydrogen economy in the longer term. Forecasters of energy demand, such as the IEA, tend to project gas demand... Continue Reading →
(Reuters) - Mexico’s government will absorb regular debt payments this year for Petroleos Mexicanos (Pemex), as President Andres Manuel Lopez Obrador intensifies his efforts to prop up the heavily-indebted state-run oil company. Those so-called debt amortization payments will total over $6 billion in 2021, Chief Executive Officer Octavio Romero said Thursday at an event in... Continue Reading →
(BUSINESS WIRE)--Black & Veatch will undertake feasibility studies central to the development of the world’s largest green hydrogen plant. When operational, Enegix Energy’s Base One facility in Ceará, Brazil, will produce more than 600 million kilogrammes of green hydrogen annually. The highly ambitious new-build electrolysis facility will be powered entirely by renewable energy, initially 3.4... Continue Reading →
Brazil Energy Insight 