Petrobras on LNG Regasification Terminal leasing

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 06/21/21, informs, regarding the leasing process of the LNG Regasification Terminal of Bahia (TR-BA) and associated facilities, that the verification stage of the effectiveness of the commercial proposal and negotiation, provided for in the Call for Tender, was concluded, and the company Excelerate... Continue Reading →

ExxonMobil gearing up to spud third well in Canje block

Oil major ExxonMobil is preparing to start drilling operations on its third well in the Canje Block offshore Guyana this year, using a Stena Drilling-owned drillship. In an update on Thursday, Westmount Energy noted the announcement by the Maritime Administration Department, Guyana, dated 25 August 2021, that the Stena DrillMAX drillship will start drilling operations at... Continue Reading →

Offshore energy will power the world: 2021-2040 FPSO forecast – Special Focus

(World Oil) Operators are strategically navigating the changing dynamics of the energy market with continued investment in the floating offshore sector. The offshore energy market is in flux. Economic effects from the Covid-19 pandemic, changing global attitudes toward energy, and the growing importance of ESG matters have disrupted the ways that companies do business. Although... Continue Reading →

Wilson Sons advances in sustainability initiatives and invests in new technologies to reduce greenhouse gas emissions

Wilson Sons, the largest operator of port and maritime logistics in the Brazilian market, has been developing a series of actions to reduce the environmental impact of its operations over the past decade, contributing to the global effort for climate balance. The most recent is the incorporation of the IMO TIER III standard, which reduces... Continue Reading →

BW Energy hits oil pay offshore Gabon

E&P company BW Energy has made an oil discovery in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block offshore Gabon. The well is located approximately 6 km north-northeast of the Hibiscus discovery well DHIBM-1 in approximately 115 metres of water depth. The company announced the spudding of the well on 28 July 2021. The well... Continue Reading →

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