Norwegian energy giant Equinor has tucked a new steel pipe production milestone under its belt for its upcoming natural gas project off the coast of Brazil. Equinor marked the occasion by hosting a celebration at Confab, Tenaris’ welded mill in Brazil’s Pindamonhangaba to commemorate the completion of steel pipe production for the Raia project. With over 99%... Continue Reading →
Galp’s Appraisal Well Delivers Light Oil and Gas-Condensate Off Namibia
Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia. The appraisal well, Mopane-1A, was spud on October 23 with Saipem’s Santorini drillship, at PEL83 offshore block. In an update from November 29, Galp has confirmed that the Mopane-1A well encountered light oil and... Continue Reading →
Petrobras initiates procurement of platforms for Sergipe Deep Waters Project
Petrobras informs that it has initiated a new procurement process for the construction of up to two FPSO oil production units for the Sergipe Deep Waters Project (SEAP), in the Sergipe-Alagoas Basin. The procurement model will be Build-Operate-Transfer (BOT), where the contractor is responsible for the design, construction, assembly, and operation of the asset for... Continue Reading →
Porto do Açu and Belgian company Sarens sign MOU on logistics solutions for offshore wind
(Eixos) The Porto do Açu, in Rio de Janeiro — controlled by Prumo Logística in partnership with the Port of Antwerp-Bruges International — signed a memorandum of understanding (MoU) with the Belgian company Sarens, to study partnerships in logistics solutions for the transportation of components for the offshore wind power chain The agreement was formalized... Continue Reading →
DEME to Build Offshore Wind Terminal in German Port
(OE) DEME has been awarded a contract, worth up to $52 million, for the construction of an offshore wind terminal in the Port of Cuxhaven in Germany. The terminal will boost Cuxhaven’s position as a key offshore industrial hub to support the handling of heavy-duty loads, particularly components for offshore wind farms. Operated by Niedersachsen... Continue Reading →
Guyana gas-to-energy project wins initial US ExIm bank loan guarantee approval
(Reuters) - Guyana has received preliminary approval from the U.S. Export-Import Bank for a more than $500 million loan guarantee to support a natural-gas fired power project and gas processing facility, a government official said on Thursday. Construction of the about $2 billion gas-to-energy project is underway. A gas pipeline is installed, but the first... Continue Reading →
Mexico is working on various payment mechanisms for Pemex debt, president says
(Reuters) - Mexican President Claudia Sheinbaum said on Thursday that the debt burden accumulated by state energy company Pemex with suppliers would be reviewed and various payment mechanisms are being studied and refined. Despite efforts to reduce debt under Sheinbaum's predecessor Andres Manuel Lopez Obrador, the company remains one of the world's most indebted energy... Continue Reading →
Seatrium Dives Deeper into Cyber-Physical Modeling of FPSOs
(OE) Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have expanded the research agreement to explore cyber-physical modelling capabilities for predicting the behavior of floating production storage and offloading (FPSO) platforms in high sea states. Seatrium and TCOMS have expanded Master Research Collaboration Agreement (MRCA) signed in April 2023, to advance methodologies... Continue Reading →
Vestas Gets Turbine Order for 900MW Offshore Wind Farm in Germany
(OE) Vestas has received a firm order for RWE’s 900 MW Nordseecluster B offshore wind project in Germany. The order includes 60 V236-15.0 MW wind turbines and Vestas is responsible for the supply, delivery, and commissioning of the turbines. Upon completion, Vestas will also service the asset under a five-year service agreement followed by a... Continue Reading →
Brava Energia Hires Constellation’s Drilling Rig for Work Offshore Brazil
(OE) Offshore drilling contractor Constellation has secured a $130 million contract with Brava Energia for its Lone Star ultra-deepwater semi-submersible rig for work offshore Brazil. The contract is for a firm term of 400 days, with a 60-days priced option which, if executed, may keep the rig busy until the first quarter of 2027. The... Continue Reading →