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(Reuters) - Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade. About $58 billion worth of new or upgraded pipelines, processing plants and export terminals... Continue Reading →
(Investing.com) On Monday, Ocean Wilsons Holdings Ltd. announced the sale of its majority stake in Wilson Sons S.A. to MSC Mediterranean Shipping Company's subsidiary, SAS Shipping Agencies Services Sàrl, for a total cash consideration of R$4.352 billion. This equates to R$17.50 per share and represents Ocean Wilsons' 56.47% interest in the Brazilian maritime logistics operator.... Continue Reading →
(OE) SBM Offshore has signed two share purchase agreements with its partner MISC Berhad related to two floating production storage and offloading (FPSO) units. Under the agreement, SBM Offshore will acquire MISC Berhad’s entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil. SBM Offshore is the... Continue Reading →
(epbr) The Port of Açu, located in the north of Rio de Janeiro (RJ) and controlled by Prumo Logística, announced the closing of the first contract to reserve an area for the hydrogen hub of the Port of Açu. The agreement was signed with the Norwegian company Fuella, specialized in the development and operation of... Continue Reading →
(OE) Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago. Manatee will allow Shell to competitively grow its Integrated Gas business by building on development efforts in the ECMA, one of... Continue Reading →
(TN) On June 29th and 30th, Transpetro carried out the first oil transfer operation between ships (Ship to Ship) at the Port of Itaqui, in Maranhão. The company was already transshipping diesel and gasoline at the São Luís Terminal. With the operation, the Port of Itaqui returns to handling oil after 40 years, which demonstrates... Continue Reading →
(OE) Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant. The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, and implementation and construction plans. Beginning with a site assessment that focused... Continue Reading →
(OE) Sweden-based construction and development company Skanska has signed the final contract award, worth $612 million, for the upgrade of the South Brooklyn Marine Terminal (SBMT) in New York, which will serve as an offshore wind hub. The project will transform the SBMT into one of the largest dedicated offshore wind ports in the United... Continue Reading →
(Offshore-energy.biz) U.S. energy infrastructure player New Fortress Energy (NFE) has kicked off operations at its liquefied natural gas (LNG) import terminal in Santa Catarina, Brazil, following the arrival of a floating storage and regasification unit (FSRU). According to New Fortress Energy, the Terminal Gas Sul (TGS) LNG terminal in Santa Catarina has now become operational. This occurred after the... Continue Reading →
(OE) The United States’ Bureau of Ocean Energy Management (BOEM) approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind project, marking another milestone in advancing the New York offshore wind project. With this permitting action by BOEM secured, Empire Wind is on track to begin construction in its federal lease area off the... Continue Reading →
Brazil Energy Insight 