Suriname’s first FPSO capable of producing 220,000 barrels per day – TotalEnergies CEO 

(oilnow.gy) The floating, production, storage and offloading vessel (FPSO) for Suriname’s first offshore development will be capable of producing 220,000 barrels per day (b/d), according to TotalEnergies Chief Executive Officer, Patrick Pouyanné.  The initial target was 200,000 b/d.  Pouyanne, at an energy event in ROG.e oil and natural gas conference in Rio de Janeiro said “I would... Continue Reading →

Petrobras and Staatsolie Maatschappij Suriname N.V. sign Memorandum of Understanding

Petróleo Brasileiro S.A. - Petrobras informs that it has signed today with Staatsolie Maatschappij Suriname N.V. a non-binding memorandum of understanding (“MoU”) aimed at assessing cooperation opportunities in the areas of hydrocarbon exploration and production, carbon capture, new energy sources, contingency response planning, among others. Cooperation with Staatsolie could also result in better sustainable oil... Continue Reading →

OPT Teams Up with Brazilian Institute SENAI for Autonomous Ocean Developments

(OE) Ocean Power Technologies Signs (OPT) has signed a memorandum of understanding (MoU) with Brazil’s SENAI to advance autonomous ocean developments. OPT and SENAI, short for Serviço Nacional de Aprendizagem Industrial (SENAI Innovation Institute for Virtual Production Systems from Firjan) in Brazil, will jointly explore blue economy opportunities including deployment of WAM-V autonomous and unmanned... 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 →

China CNPC’s global oil, gas investment

(Reuters) - China National Petroleum Corp (CNPC), Asia's largest oil and gas producer, has over the past three decades built a global portfolio with assets in 33 countries. The company's overseas production exceeded 100 million metric tons, or 2 million barrels per day of oil equivalent, for the first time in 2019 and has since... Continue Reading →

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