The Abreu e Lima Refinery (RNEST) begins its first scheduled maintenance shutdown since the unit began operating in 2014. Planned to meet regulatory standards, and essential for the refinery's operational safety, the shutdown will include the maintenance of practically all of the refinery's equipment, such as compressors, engines, vessels, heat exchangers, valves, reactors and others,... Continue Reading →
Looming loss piles pressure on turbine maker Siemens Gamesa
(Reuters) - Shares in Siemens Gamesa (SGREN.MC) fell more than 18% on Thursday after the wind turbine maker's second profit warning in less than three months due to spiralling raw materials prices and the cost of delivering its new onshore platform. The warning of a possible loss this year had a knock-on effect on parent Siemens Energy (ENR1n.DE),... Continue Reading →
MODEC and TOYO in talks for FPSO joint venture
Japan’s MODEC and Toyo Engineering Corporation (TOYO) are entering into talks to study an alliance for FPSO vessels. MODEC said on Thursday that the two companies have reached an agreement to execute a Memorandum of Understanding (MOU) to enter into discussions and to conduct the Feasibility Study (FS) regarding the alliance in the Engineering, Procurement,... Continue Reading →
Brazil: PetroRio Connects Polvo and Tubarao Martelo Fields. Eyes Significant OPEX Cut
Brazilian oil firm PetroRio said Wednesday it had completed the tieback between the Polvo and Tubarão Martelo offshore fields, a move that will slash its operational costs as there would no longer be a need for a chartered FPSO. According to PetroRio, the tieback project between the Polvo-A Platform and the Bravo FPSO was completed... Continue Reading →
Petrobras contracts FPSO for deep water in Sergipe-Alagoas
(epbr) In June, Petrobras began contracting the FPSO for future deepwater fields in the Sergipe-Alagoas Basin. The company's current business plan foresees investments in the order of R$ 2 billion in the development of reserves. — The information comes from the Production Development director, João Henrique Rittershaussen, who spoke about the business in the E&P... Continue Reading →
Petronas Gearing Up to Spud Exploration Well Offshore Mexico
Malaysian oil and gas firm Petronas is preparing to start drilling an offshore well in Mexico. According to an exploration report by its Indonesian partner Medco Energi, Petronas is gearing up to drill the Bacalar-1EXP exploration well. Medco is a partner through its subsidiary Ophir Mexico Operations Block 12. The well will cost $4,417,169 in... Continue Reading →
BEHYOND project developing new offshore wind-to-hydrogen system
EDP and TechnipFMC, together with research partners, have launched a joint project to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power. The goal of the project – called BEHYOND and supported by the Blue Growth Programme of the European Economic Area Financial... Continue Reading →
PETRO RIO CONTRACTING OF RIG FOR FRADE AND WAHOO DRILLINGS
Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3) informs its shareholders and the market in general that it has signed with Ocyan Drilling S.A. a contract to hire the NORBE VI drilling rig for the Frade Field Revitalization Campaign and the Wahoo Field development. The contract will begin in March 2022 and will enable the... Continue Reading →
Decarbonizing Offshore Drilling: FUELSAVE Pens Deal with Seadrill
Germany-based "cleantech" provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill's drillship. The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig. Seadrill’s 6th generation West Saturn drillship will be fitted with FUELSAVE’s solution FS MARINE+,... Continue Reading →
Saipem Closes Purchase of Naval Energies’ Floating Wind Business
Italian energy industry services provider Saipem is set to complete the acquisition of the French Naval Energies' floating wind business. The two companies first announced the agreement on June 4, and now all the necessary conditions for the completion of the deal have been fulfilled. Saipem acquired from Naval Energies the activities in the floating... Continue Reading →
Brazil Energy Insight 