Category: Operators

Yinson Production confirms first oil from its third FPSO in Brazil

(offshore-energy.biz) Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has highlighted that its third floating production, storage, and offloading (FPSO) unit in Brazilian waters, which recently achieved first oil, will feature a carbon management process plant to decarbonize the FPSO operations in line with the firm’s sustainability goals. The... Continue Reading →

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Galp’s CEO Filipe Silva Steps Down

(OE) Portuguese oil company Galp has informed its Chief Executive Officer (CEO) Filipe Silva resigned from the position, following alleged relationship probe. The CEO, who also held the position of Vice-President of the Board of Directors at Gulp, cited ‘family reasons’ as the grounds for his resignation. The news follows reports of an anonymous complaint... Continue Reading →

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PRIO operational data Dec. 2024

- PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of December. Key: (1) In the Polvo and Tubarão Martelo cluster, production was affected by the shutdown of wells TBMT-10H and TBMT-4H due to the failure of the Submerged Centrifugal... Continue Reading →

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Seacrest Petroleo hits Petrobras with arbitration proceeding over subsea pipeline repair failures

Seacrest Petroleo, an independent oil & gas production company with an integrated portfolio of onshore producing oil fields and export infrastructure onshore in Brazil’s Espírito Santo, has filed an arbitration request against Brazil’s state-owned oil & gas giant Petrobras over alleged subsea pipeline repair failures. Namely, a court in Rio de Janeiro announced on December 27,... Continue Reading →

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