Saipem Looks Into Nuclear Tech for Emissions-Free Oil and Gas Ops

(OE) Saipem and newcleo have signed a collaboration agreement to identify solutions for the offshore application of newcleo’s technology to produce nuclear energy, which could provide zero-emission electricity for oil and gas installations. The objective of the agreement signed by the companeis is to study the application of newcleo’s Small Modular Lead-cooled Fast Reactor (SM-LFR)... Continue Reading →

Exxon withdraws from race to buy stake in Namibia oil block from Galp, sources say

(Reuters) - Exxon Mobilhas pulled out of the race to buy half of Galp Energia's (GALP.tab stake in a large oil discovery in Namibia that has attracted interest from top energy companies, sources with knowledge of the matter said. More than 12 oil companies including Exxon, Shell  and Brazil's national oil company Petrobras had expressed interest in Galp's 40% stake in... Continue Reading →

3R NOW IS BRAVA ENERGIA

3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that the Company's new brand will be Brava Energia and that its shares will start trading on B3 under the code BRAV3 and with the new trading name BRAVA,... Continue Reading →

Yinson sheds one of five spin-offs to home in on FPSO and energy transition business arenas

(offshore-energy.biz) Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, which currently invests in five business units – Yinson Production, Yinson Renewables, Yinson GreenTech, Farosson, and Regulus Offshore – has set the wheels in motion to part with the last affiliate on this list, which offers integrated offshore support vessel (OSV) services. Given Yinson’s strategic... Continue Reading →

TechnipFMC: It’s a wrap on Guyana’s flagship $1.9 billion gas-to-energy project (video)

(offshore-energy.biz) UK-headquartered energy technology provider TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the waters of the prolific Stabroek Block to an integrated natural gas... Continue Reading →

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